Funding you earn now, next payment 12:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.024%
Price spread now: Bitget against KuCoin+0.198%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,967as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,997as in the Price arb table
costs, in and out, $10k−$2,00720.070% of the position
Funding, last 7 days+0.397%+$40 on $10k
+Price spread, last 4 days (all we have)−0.005%$0 · spread now +0.198%, 7d avg +0.102%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.095% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.102%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ELSAUSDTM | 0.05562 | 0.0100 | pay 0.0050% / 4h | 52m 37s | $178K | $25K | 20x |
| Short | Bitget ELSAUSDT | 0.05573 | 0.0172 | get 0.0086% / 4h | 52m 37s | $459K | $121K | 20x |
KuCoin ELSAUSDTM
Bitget ELSAUSDTFunding 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
- $15.12
- Price spread: +0.198% → +0.102%
- $9.55
- Slippage, 4 orders
- −$1,982.98
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,982.31
- Costs to cover
- 20.070%
- Break-even
- 924.7 days
Slippage from KuCoin: live order book, 34 min ago; Bitget: live order book, 46 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, 34 min ago | 22.53 bp | 1309.4 bp −$1,309 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 46 min ago | 8.04 bp | 34.8 bp −$35 | 352.6 bp −$3,526 | doesn't fit | doesn't fit |
ELSA on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ELSAUSDT | +0.0100% | 4h | 0.05559 | −0.049% | $34K | $12K | 5x | as long as short |
| Binance ELSAUSDT | +0.0100% | 4h | 0.05566 | +0.069% | $1.3M | $1.1M | 20x | as long as short |
| Gate ELSA_USDT | +0.0100% | 4h | 0.05573 | +0.198% | $138K | $54K | 20x | as long as short |
| MEXC ELSA_USDT | +0.0100% | 4h | 0.05565 | +0.054% | $516K | $117K | 50x | as long as short |
| KuCoin ELSAUSDTMlong | +0.0100% | 4h | 0.05562 | long leg | $178K | $25K | 20x | |
| Variational Omni ELSA | +0.0100% | 4h | 0.05569 | +0.126% | $1K | $555 | — | as long as short |
| Bitget ELSAUSDTshort | +0.0172% | 4h | 0.05573 | +0.198% | $459K | $121K | 20x | |
| Bybit ELSAUSDT | +0.0322% | 4h | 0.05563 | +0.018% | $823K | $286K | 20x | as long as short |
| BingX ELSA-USDT | +0.0356% | 4h | 0.05567 | +0.090% | — | $1.3M | — | as long as short |
Aster ELSAUSDT
Binance ELSAUSDT
Gate ELSA_USDT
MEXC ELSA_USDT
Variational Omni ELSA
Bybit ELSAUSDT
BingX ELSA-USDT