Funding you earn now, next payment 00:00 UTC−0.0178%/8h= −19.5% APRnext payment −$0.89 per $10,000 · paid last 24h −0.010%
Price spread now: KuCoin against Bitget−0.311%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$379as in the Funding arb table
Net, price: spread back to 7d avg − costs−$393as in the Price arb table
costs, in and out, $10k−$3653.646% of the position
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 7 days+0.383%+$38 · spread now −0.311%, 7d avg −0.031%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.281% cheaper against Bitget than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BANKUSDT | 0.03533 | 0.0278 | pay 0.0139% / 4h | 1h 28m | $2.8M | $3.5M | 25x |
| Short | KuCoin BANKUSDTM | 0.03522 | 0.0100 | get 0.0050% / 4h | 1h 28m | $1.2M | $195K | 50x |
Bitget BANKUSDT
KuCoin BANKUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$37.38
- Price spread: −0.311% → −0.031%
- −$28.05
- Slippage, 4 orders
- −$340.63
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$430.07
- Costs to cover
- 3.646%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 4 min ago | 4.26 bp | 25.0 bp −$25 | 265.8 bp −$2,658 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 8.52 bp | 168.7 bp −$169 | 623.1 bp −$6,231 | doesn't fit | doesn't fit |
BANK on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03526 | −0.203% | $56K | $121K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03531 | −0.057% | $8.0M | $33.3M | 50x | as long as short |
| Bybit BANKUSDT | +0.0100% | 4h | 0.03531 | −0.057% | $2.9M | $6.8M | 20x | as long as short |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03533 | 0.000% | $2.6M | $636K | 20x | as long as short |
| KuCoin BANKUSDTMshort | +0.0100% | 4h | 0.03522 | −0.311% | $1.2M | $195K | 50x | |
| HTX BANK-USDT | +0.0100% | 4h | 0.03522 | −0.311% | $36K | $284K | 20x | as long as short |
| edgeX BANKUSDC | +0.0115% | 4h | 0.03522 | −0.298% | $1K | $242K | 5x | as long as short |
| BingX BANK-USDT | +0.0262% | 4h | 0.03531 | −0.057% | — | $6.9M | — | as long as short |
| Bitget BANKUSDTlong | +0.0278% | 4h | 0.03533 | long leg | $2.8M | $3.5M | 25x | |
| BloFin BANK-USDT | +0.0340% | 4h | 0.03522 | −0.311% | $451K | $163K | 50x | as long as short |
Aster BANKUSDT
Binance BANKUSDT
Bybit BANKUSDT
MEXC BANK_USDT
HTX BANK-USDT
edgeX BANKUSDC
BingX BANK-USDT
BloFin BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BANK_USDT | +0.0760% | 4h | 0.03530 | −0.085% | $726K | $1.4M | 10x | as long as short |
Gate BANK_USDT