Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.029%
Price spread now: Bitget against KuCoin+0.159%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,181as in the Price arb table
costs, in and out, $10k−$1,19011.896% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 4 days (all we have)−0.160%−$16 · spread now +0.159%, 7d avg +0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.086% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COOKIEUSDTM | 0.01254 | 0.0100 | pay 0.0050% / 4h | 2h 42m | $225K | $161K | 20x |
| Short | Bitget COOKIEUSDT | 0.01256 | 0.0100 | get 0.0050% / 4h | 2h 42m | $363K | $310K | 5x |
KuCoin COOKIEUSDTM
Bitget COOKIEUSDTFunding 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
- $0
- Price spread: +0.159% → +0.074%
- $8.56
- Slippage, 4 orders
- −$1,165.57
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,181.01
- Costs to cover
- 11.896%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 14 min ago; Bitget: live order book, 63 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 KuCoin live order book, 14 min ago | 15.70 bp | 393.4 bp −$393 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 63 min ago | 12.07 bp | 159.0 bp −$159 | doesn't fit | doesn't fit | doesn't fit |
COOKIE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COOKIEUSDT | +0.0100% | 4h | 0.01256 | +0.129% | $2.1M | $9.5M | 20x | as long as short |
| Bybit COOKIEUSDT | +0.0100% | 4h | 0.01255 | +0.096% | $868K | $1.5M | 25x | as long as short |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01254 | 0.000% | $126K | $232K | 25x | as long as short |
| MEXC COOKIE_USDT | +0.0100% | 4h | 0.01257 | +0.239% | $630K | $364K | 100x | as long as short |
| KuCoin COOKIEUSDTMlong | +0.0100% | 4h | 0.01254 | long leg | $225K | $161K | 20x | |
| Bitget COOKIEUSDTshort | +0.0100% | 4h | 0.01256 | +0.159% | $363K | $310K | 5x | |
| BingX COOKIE-USDT | +0.0100% | 4h | 0.01256 | +0.199% | — | $6.5M | — | as long as short |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01263 | +0.744% | $12K | $20K | — | as long as short |
| Kraken Futures PF_COOKIEUSD | +0.0438% | 1h | 0.01250 | −0.319% | $12K | $40K | 10x | as long as short |
Binance COOKIEUSDT
Bybit COOKIEUSDT
Gate COOKIE_USDT
MEXC COOKIE_USDT
BingX COOKIE-USDT
Variational Omni COOKIE
Kraken Futures PF_COOKIEUSD