Funding you earn now, next payment 04:00 UTC+0.0512%/8h= +56.1% APRnext payment +$2.56 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin+0.454%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$728as in the Funding arb table
Net, price: spread back to 7d avg − costs−$689as in the Price arb table
costs, in and out, $10k−$7287.278% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.270%−$27 · spread now +0.454%, 7d avg +0.063%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Bitget is 0.392% dearer against KuCoin than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of +0.063%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.001% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.56 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 DATAUSDTM | 0.2223 | −0.0412 | get 0.0206% / 4h | 2h 57m | $203K | $1.0M | 30x |
| Short | Bitget DATAUSDT | 0.2233 | 0.0100 | get 0.0050% / 4h | 2h 57m | $627K | $398K | 50x |
KuCoin DATAUSDTM
Bitget DATAUSDTFunding 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
- $107.52
- Price spread: +0.454% → +0.063%
- $39.16
- Slippage, 4 orders
- −$703.77
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$581.09
- Costs to cover
- 7.278%
- Break-even
- 44.8 days
Slippage from KuCoin: live order book, 2 min ago; Bitget: live order book, 8 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, 2 min ago | 23.38 bp | 328.1 bp −$328 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 8 min ago | 11.03 bp | 64.5 bp −$65 | 363.8 bp −$3,638 | doesn't fit | doesn't fit |
DATA 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit DATAUSDT | −0.2504% | 4h | 0.2221 | −0.085% | $1.2M | $1.3M | 20x | as long as short |
| Gate DATA_USDT | −0.2492% | 4h | 0.2230 | +0.319% | $112K | $81K | 20x | as long as short |
| OKX DATA-USDT-SWAP | −0.1969% | 4h | 0.2216 | −0.310% | $1.3M | $5.3M | 20x | as long as short |
| MEXC DATA_USDT | −0.1912% | 4h | 0.2219 | −0.175% | $101K | $262K | 20x | as long as short |
| BloFin DATA-USDT | −0.1875% | 4h | 0.2232 | +0.409% | $120K | $7K | 20x | as long as short |
| Lighter DATA | −0.0760% | 1h | 0.2220 | −0.130% | $70K | $207K | 10x | as long as short |
| Extended DATA-USD | −0.0616% | 1h | 0.2217 | −0.249% | $923 | $60 | 5x | as long as short |
| KuCoin DATAUSDTMlong | −0.0412% | 4h | 0.2223 | long leg | $203K | $1.0M | 30x | |
| Bitget DATAUSDTshort | +0.0100% | 4h | 0.2233 | +0.454% | $627K | $398K | 50x |
Bybit DATAUSDT
Gate DATA_USDT
OKX DATA-USDT-SWAP
MEXC DATA_USDT
BloFin DATA-USDT
Lighter DATA
Extended DATA-USD