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

ESP

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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−0.011%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$231as in the Price arb table
costs, in and out, $10k−$2272.266% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.142%+$14 on $10k
Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.011%, 7d avg +0.036%
Together, before fees+0.215%+$21 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 0.047% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ESPUSDT0.094010.0100pay 0.0050% / 4h1h 17m$944K$146K20x
ShortKuCoin ESPUSDTM0.094000.0100get 0.0050% / 4h1h 17m$1.5M$47K25x

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: −0.011% → +0.036%
−$4.68
Slippage, 4 orders
−$202.64
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$231.32
Costs to cover
2.266%
Break-even
never at this rate
Slippage from Bitget: live order book, 44 min ago; KuCoin: live order book, 9 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, 44 min ago15.22 bp32.8 bp −$3387.1 bp −$871doesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago12.77 bp82.4 bp −$82doesn't fitdoesn't fitdoesn't fit

ESP on 11 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 ESP-USDT+0.0036%4h0.09394−0.074%$1.7Mas long as short
BloFin ESP-USDT+0.0058%4h0.09387−0.149%$124K$33K25xas long as short
Aster ESPUSDT+0.0100%4h0.09394−0.074%$6K$26K5xas long as short
Binance ESPUSDT+0.0100%4h0.09394−0.073%$2.4M$4.2M25xas long as short
OKX ESP-USDT-SWAP+0.0100%4h0.09397−0.043%$595K$1.1M20xas long as short
Gate ESP_USDT+0.0100%8h0.09394−0.074%$175K$606K50xas long as short
MEXC ESP_USDT+0.0100%4h0.09393−0.085%$1.3M$120K20xas long as short
KuCoin ESPUSDTMshort+0.0100%4h0.09400−0.011%$1.5M$47K25x
Bitget ESPUSDTlong+0.0100%4h0.09401long leg$944K$146K20x
edgeX ESPUSDC+0.0114%4h0.09401−0.004%$29K$268K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ESPUSDT+0.0673%4h0.09381−0.213%$1.1M$617K50xas long as short