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−0.286%7-day average −0.274% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,080as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,079as in the Price arb table
costs, in and out, $10k−$1,07810.781% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now −0.286%, 7d avg −0.274%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DRIFTUSDT | 0.01751 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $540K | $364K | 10x |
| Short | KuCoin DRIFTUSDTM | 0.01746 | 0.0100 | get 0.0050% / 4h | 2h 18m | $689K | $127K | 20x |
Bitget DRIFTUSDT
KuCoin DRIFTUSDTMFunding 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
- $0
- Price spread: −0.286% → −0.274%
- −$1.12
- Slippage, 4 orders
- −$1,054.09
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,079.21
- Costs to cover
- 10.781%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 46 min ago; KuCoin: live order book, 20 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, 46 min ago | 8.64 bp | 191.8 bp −$192 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 20 min ago | 11.57 bp | 317.8 bp −$318 | doesn't fit | doesn't fit | doesn't fit |
DRIFT 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DRIFT/USDC PERP | +0.0033% | 1h | 0.01591 | −9.138% | — | $9K | 5.5x | as long as short |
| Binance DRIFTUSDT | +0.0100% | 4h | 0.01753 | +0.114% | $2.4M | $6.8M | 20x | as long as short |
| Bybit DRIFTUSDT | +0.0100% | 4h | 0.01750 | −0.051% | $2.4M | $2.9M | 20x | as long as short |
| Gate DRIFT_USDT | +0.0100% | 4h | 0.01750 | −0.057% | $124K | $239K | 10x | as long as short |
| MEXC DRIFT_USDT | +0.0100% | 4h | 0.01754 | +0.171% | $415K | $171K | 20x | as long as short |
| KuCoin DRIFTUSDTMshort | +0.0100% | 4h | 0.01746 | −0.286% | $689K | $127K | 20x | |
| Bitget DRIFTUSDTlong | +0.0100% | 4h | 0.01751 | long leg | $540K | $364K | 10x | |
| BingX DRIFT-USDT | +0.0100% | 4h | 0.01752 | +0.057% | — | $6.7M | — | as long as short |
| Variational Omni DRIFT | +0.0100% | 4h | 0.01741 | −0.561% | $23K | $6K | — | as long as short |
Injective DRIFT/USDC PERP
Binance DRIFTUSDT
Bybit DRIFTUSDT
Gate DRIFT_USDT
MEXC DRIFT_USDT
BingX DRIFT-USDT
Variational Omni DRIFT