Funding you earn now, next payment 00:00 UTC+0.0720%/8h= +78.8% APRnext payment +$3.60 per $10,000 · paid last 24h +0.080%
Price spread now: KuCoin against Bitget−0.034%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$311as in the Funding arb table
Net, price: spread back to 7d avg − costs−$281as in the Price arb table
costs, in and out, $10k−$2712.714% of the position
Funding, last 7 days−0.393%−$39 on $10k
+Price spread, last 7 days−0.103%−$10 · spread now −0.034%, 7d avg +0.059%
=Funding pays, the price is against you. KuCoin is 0.093% cheaper against Bitget than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.059%). If the spread goes back, that is −$9 on $10k: about 10 hours of funding at the current rate (+$22 a day). Mind the row above: over the last 7 days funding on this pair cost −0.393%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.393% in total (about -20.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.60 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 | Bitget EVAAUSDT | 0.8727 | 0.0100 | pay 0.0050% / 4h | 9m 07s | $2.2M | $1.9M | 10x |
| Short | KuCoin EVAAUSDTM | 0.8724 | 0.0820 | get 0.0410% / 4h | 9m 07s | $1.6M | $1.3M | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $151.2
- Price spread: −0.034% → +0.059%
- −$9.3
- Slippage, 4 orders
- −$247.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$129.52
- Costs to cover
- 2.714%
- Break-even
- 13.0 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 2 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, 3 min ago | 6.29 bp | 45.3 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 4.57 bp | 91.4 bp −$91 | doesn't fit | doesn't fit | doesn't fit |
EVAA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX EVAA-USDT | +0.0070% | 4h | 0.8719 | −0.092% | — | $7.2M | — | as long as short |
| Gate EVAA_USDT | +0.0100% | 8h | 0.8709 | −0.206% | $2.1M | $1.9M | 10x | as long as short |
| Bitget EVAAUSDTlong | +0.0100% | 4h | 0.8727 | long leg | $2.2M | $1.9M | 10x | |
| SunX EVAA-USDT | +0.0100% | 4h | 0.8730 | +0.034% | $3K | $1.2M | 20x | as long as short |
| Bybit EVAAUSDT | +0.0594% | 4h | 0.8715 | −0.138% | $2.6M | $1.7M | 5x | as long as short |
| BloFin EVAA-USDT | +0.0602% | 4h | 0.8733 | +0.069% | $448K | $118K | 10x | as long as short |
| MEXC EVAA_USDT | +0.0658% | 4h | 0.8722 | −0.057% | $9.7M | $2.0M | 50x | as long as short |
| Binance EVAAUSDT | +0.0661% | 4h | 0.8717 | −0.115% | $6.9M | $16.5M | 10x | as long as short |
| Extended EVAA-USD | +0.0664% | 1h | 0.8716 | −0.123% | $5K | $135K | 5x | as long as short |
| Aster EVAAUSDT | +0.0786% | 4h | 0.8724 | −0.034% | $17K | $421K | 5x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EVAAUSDTMshort | +0.0820% | 4h | 0.8724 | −0.034% | $1.6M | $1.3M | 10x |
Bitget EVAAUSDT
KuCoin EVAAUSDTM
BingX EVAA-USDT
Gate EVAA_USDT
SunX EVAA-USDT
Bybit EVAAUSDT
BloFin EVAA-USDT
MEXC EVAA_USDT
Binance EVAAUSDT
Extended EVAA-USD
Aster EVAAUSDT