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

CP

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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+0.129%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$399as in the Funding arb table
Net, price: spread back to 7d avg − costs−$393as in the Price arb table
costs, in and out, $10k−$3973.968% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 7 days+0.041%+$4 · spread now +0.129%, 7d avg +0.094%
Together, before fees+0.022%+$2 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 0.034% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.094%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CPUSDT0.014000.0100pay 0.0050% / 4h1h 42m$800K$1.5M20x
ShortKuCoin CPUSDTM0.014020.0100get 0.0050% / 4h1h 42m$202K$895K20x

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: +0.129% → +0.094%
$3.44
Slippage, 4 orders
−$372.78
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$393.34
Costs to cover
3.968%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 12 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, 4 min ago9.97 bp29.7 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 12 min ago7.20 bp170.8 bp −$171doesn't fitdoesn't fitdoesn't fit

CP on 8 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
BingX CP-USDT+0.0070%4h0.01399−0.086%$1.0Mas long as short
Bybit CPUSDT+0.0100%4h0.01400−0.014%$1.4M$2.5M20xas long as short
OKX CP-USDT-SWAP+0.0100%4h0.01401+0.057%$3.9M$11.1M20xas long as short
Gate CP_USDT+0.0100%4h0.01399−0.086%$614K$534K20xas long as short
MEXC CP_USDT+0.0100%4h0.01399−0.086%$1.5M$360K20xas long as short
KuCoin CPUSDTMshort+0.0100%4h0.01402+0.129%$202K$895K20x
Bitget CPUSDTlong+0.0100%4h0.01400long leg$800K$1.5M20x
BloFin CP-USDT+0.0119%4h0.01403+0.200%$425$40K20xas long as short