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: Bitget against KuCoin+0.057%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as 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−0.227%−$23 · spread now +0.057%, 7d avg −0.052%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bitget is 0.109% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.052%. Mind the row above: over the last 7 days funding on this pair cost −0.135%, so the current rate has only just turned in your favour.
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 | KuCoin BRUSDTM | 1.1170 | 0.0220 | pay 0.0110% / 4h | 58m 11s | $4.9M | $5.4M | 30x |
| Short | Bitget BRUSDT | 1.1177 | 0.0622 | get 0.0311% / 4h | 58m 11s | $8.2M | $12.6M | 10x |
KuCoin BRUSDTM
Bitget BRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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: +0.057% → −0.052%
- $10.92
- Slippage, 4 orders
- −$141.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$70.32
- Costs to cover
- 1.657%
- Break-even
- 12.8 days
Slippage from KuCoin: live order book, 10 min ago; Bitget: live order book, just now.
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 KuCoin live order book, 10 min ago | 1.76 bp | 36.9 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 3.85 bp | 23.9 bp −$24 | 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 | +0.013% | — | $6.3M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1156 | −0.129% | $10.9M | $25.8M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.1163 | −0.064% | $7.5M | $8.6M | 20x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1032 | −1.241% | $261K | $296K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1183 | +0.116% | — | $693K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1225 | +0.492% | $86K | $240K | 20x | as long as short |
| KuCoin BRUSDTMlong | +0.0220% | 4h | 1.1170 | long leg | $4.9M | $5.4M | 30x | |
| Aster BRUSDT | +0.0497% | 4h | 1.1189 | +0.167% | $733K | $2.7M | 5x | as long as short |
| Bitget BRUSDTshort | +0.0622% | 4h | 1.1177 | +0.057% | $8.2M | $12.6M | 10x | |
| MEXC BR_USDT | +0.1260% | 4h | 1.1194 | +0.210% | $15.5M | $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 | 1.1173 | +0.024% | $53.6M | $162.5M | 25x | as long as short |
Binance BRUSDT