Funding you earn now, next payment 08:00 UTC−0.0299%/8h= −32.7% APRnext payment −$2.99 per $10,000 · paid last 24h −0.074%
Price spread now: KuCoin against Bitget+0.219%7-day average +0.215% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$239as in the Price arb table
costs, in and out, $10k−$2392.392% of the position
Funding, last 7 days+0.411%+$41 on $10k
+Price spread, last 4 days (all we have)+0.237%+$24 · spread now +0.219%, 7d avg +0.215%
=The price spread sits at its 7-day average of +0.215%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.411%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CELRUSDT | 0.003191 | −0.5041 | get 0.5041% / 8h | 6h 04m | $598K | $5.0M | 25x |
| Short | KuCoin CELRUSDTM | 0.003198 | −0.5340 | pay 0.5340% / 8h | 6h 04m | $432K | $4.3M | 25x |
Bitget CELRUSDT
KuCoin CELRUSDTMFunding 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
- −$62.79
- Price spread: +0.219% → +0.215%
- $0.48
- Slippage, 4 orders
- −$215.15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$301.46
- Costs to cover
- 2.392%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 3 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, 3 min ago | 1.57 bp | 33.0 bp −$33 | 106.1 bp −$1,061 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 7.83 bp | 90.4 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
CELR on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CELRUSD | −0.7931% | 1h | 0.003186 | −0.145% | $34K | $58K | 10x | as long as short |
| Binance CELRUSDT | −0.5553% | 8h | 0.003190 | −0.016% | $3.6M | $50.9M | 25x | as long as short |
| MEXC CELR_USDT | −0.5553% | 8h | 0.003191 | 0.000% | $521K | $1.6M | 50x | as long as short |
| KuCoin CELRUSDTMshort | −0.5340% | 8h | 0.003198 | +0.219% | $432K | $4.3M | 25x | |
| Bitget CELRUSDTlong | −0.5041% | 8h | 0.003191 | long leg | $598K | $5.0M | 25x | |
| Gate CELR_USDT | −0.4560% | 8h | 0.003198 | +0.219% | $221K | $1.3M | 25x | as long as short |
| BingX CELR-USDT | −0.3556% | 8h | 0.003192 | +0.031% | — | $2.7M | — | as long as short |
Kraken Futures PF_CELRUSD
Binance CELRUSDT
MEXC CELR_USDT
Gate CELR_USDT
BingX CELR-USDT