Settings8H · net · $10k
Funding arb · Price arb /

BIGTIME

all BIGTIME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.060%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$611as in the Funding arb table
Net, price: spread back to 7d avg − costs−$617as in the Price arb table
costs, in and out, $10k−$6106.100% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.060%, 7d avg +0.013%
Together, before fees+0.055%+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.073% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BIGTIMEUSDT0.0082780.0100pay 0.0050% / 4h2h 05m$594K$229K50x
ShortKuCoin BIGTIMEUSDTM0.0082730.0100get 0.0050% / 4h2h 05m$244K$26K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.060% → +0.013%
−$7.33
Slippage, 4 orders
−$586.04
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$617.37
Costs to cover
6.100%
Break-even
never at this rate
Slippage from Bitget: live order book, 59 min ago; KuCoin: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 59 min ago4.79 bp25.6 bp −$26163.7 bp −$1,637doesn't fitdoesn't fit
Sell KuCoin live order book, 30 min ago9.64 bp316.6 bp −$317doesn't fitdoesn't fitdoesn't fit

BIGTIME on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BIGTIMEUSD−0.0289%1h0.008278+0.003%$8K$5K10xas long as short
Hyperliquid BIGTIME+0.0100%1h0.008279+0.012%$126K$96K3xas long as short
Binance BIGTIMEUSDT+0.0100%4h0.008274−0.052%$1.8M$2.3M50xas long as short
Bybit BIGTIMEUSDT+0.0100%4h0.008270−0.097%$681K$611K25xas long as short
OKX BIGTIME-USDT-SWAP+0.0100%4h0.008269−0.109%$436K$396K10xas long as short
Gate BIGTIME_USDT+0.0100%4h0.008263−0.181%$59K$31K50xas long as short
MEXC BIGTIME_USDT+0.0100%4h0.008274−0.048%$464K$193K125xas long as short
KuCoin BIGTIMEUSDTMshort+0.0100%4h0.008273−0.060%$244K$26K20x
Bitget BIGTIMEUSDTlong+0.0100%4h0.008278long leg$594K$229K50x
BingX BIGTIME-USDT+0.0100%4h0.008271−0.085%$2.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BIGTIME+0.0100%4h0.008271−0.084%$10K$1Kas long as short