Funding you earn now, next payment 00:00 UTC−0.0402%/8h= −44.0% APRnext payment −$2.01 per $10,000 · paid last 24h −0.012%
Price spread now: KuCoin against Bitget+0.062%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1661.657% of the position
Funding, last 7 days+0.135%+$13 on $10k
+Price spread, last 7 days+0.108%+$11 · spread now +0.062%, 7d avg +0.052%
=The price spread sits at its 7-day average of +0.052%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.135%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.135% in total (about 7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BRUSDT | 1.1163 | 0.0622 | pay 0.0311% / 4h | 57m 58s | $8.1M | $12.6M | 10x |
| Short | KuCoin BRUSDTM | 1.1170 | 0.0220 | get 0.0110% / 4h | 57m 58s | $4.9M | $5.4M | 30x |
Bitget BRUSDT
KuCoin BRUSDTMFunding 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
- −$84.42
- Price spread: +0.062% → +0.052%
- $0.99
- Slippage, 4 orders
- −$141.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$249.09
- Costs to cover
- 1.657%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 10 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, 1 min ago | 3.85 bp | 34.1 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 1.76 bp | 70.7 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1172 | +0.075% | — | $6.3M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1146 | −0.155% | $10.9M | $25.8M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.1163 | −0.002% | $7.5M | $8.6M | 20x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1032 | −1.180% | $261K | $296K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1183 | +0.178% | — | $693K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1225 | +0.554% | $86K | $240K | 20x | as long as short |
| KuCoin BRUSDTMshort | +0.0220% | 4h | 1.1170 | +0.062% | $4.9M | $5.4M | 30x | |
| Aster BRUSDT | +0.0497% | 4h | 1.1186 | +0.198% | $733K | $2.7M | 5x | as long as short |
| Bitget BRUSDTlong | +0.0622% | 4h | 1.1163 | long leg | $8.1M | $12.6M | 10x | |
| MEXC BR_USDT | +0.1260% | 4h | 1.1176 | +0.112% | $15.4M | $7.4M | 100x | as long as short |
BingX BR-USDT
Bybit BRUSDT
Gate BR_USDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Aster BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDT | +0.1262% | 4h | 1.1169 | +0.049% | $53.5M | $162.5M | 25x | as long as short |
Binance BRUSDT