Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h +0.015%
Price spread now: KuCoin against Bitget+0.154%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1451.453% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 7 days−0.252%−$25 · spread now +0.154%, 7d avg +0.011%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.143% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ETHFIUSDT | 0.7122 | 0.0060 | pay 0.0030% / 4h | 1h 53m | $6.1M | $5.7M | 75x |
| Short | KuCoin ETHFIUSDTM | 0.7133 | 0.0100 | get 0.0050% / 4h | 1h 53m | $1.2M | $270K | 50x |
Bitget ETHFIUSDT
KuCoin ETHFIUSDTMFunding 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
- $8.4
- Price spread: +0.154% → +0.011%
- $14.35
- Slippage, 4 orders
- −$121.28
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$122.53
- Costs to cover
- 1.453%
- Break-even
- 109.1 days
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 1 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, 5 min ago | 0.70 bp | 16.6 bp −$17 | 32.8 bp −$328 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 11.91 bp | 55.4 bp −$55 | 187.2 bp −$1,872 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0590% | 1h | 0.7137 | +0.211% | $42K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0253% | 1h | 0.7150 | +0.388% | $281K | $145K | 20x | as long as short |
| HTX ETHFI-USDT | −0.0200% | 4h | 0.7120 | −0.028% | $83K | $165K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0173% | 4h | 0.7135 | +0.183% | $16K | $1K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.657% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0041% | 8h | 0.7125 | +0.041% | $6K | — | 5x | as long as short |
| Bitget ETHFIUSDTlong | +0.0060% | 4h | 0.7122 | long leg | $6.1M | $5.7M | 75x | |
| Binance ETHFIUSDT | +0.0079% | 4h | 0.7123 | +0.010% | $24.8M | $37.1M | 75x | as long as short |
| Extended ETHFI-USD | +0.0080% | 1h | 0.7124 | +0.023% | $92K | $495K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0080% | 4h | 0.7125 | +0.042% | $15.1M | $3.8M | 125x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Binance ETHFIUSDT
Extended ETHFI-USD
MEXC ETHFI_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7132 | +0.135% | $1.1M | $898K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7131 | +0.129% | $18.1M | $8.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7135 | +0.183% | $182K | $256K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7131 | +0.126% | $18.2M | $12.9M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7126 | +0.056% | $4.9M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7138 | +0.225% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTMshort | +0.0100% | 4h | 0.7133 | +0.154% | $1.2M | $270K | 50x | |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7132 | +0.140% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7124 | +0.027% | $1.0M | $746K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7128 | +0.084% | $59K | $85K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7142 | +0.281% | $2K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7127 | +0.070% | $8K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0304% | 1h | 0.7147 | +0.351% | $31K | $8K | 50x | as long as short |
| BloFin ETHFI-USDT | +0.0312% | 4h | 0.7135 | +0.183% | $1.3M | $292K | 75x | as long as short |
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
BingX ETHFI-USDC
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT