Funding you earn now, next payment 08:00 UTC+0.0140%/8h= +15.3% APRnext payment +$1.40 per $10,000 · paid last 24h +0.021%
Price spread now: Bitget against KuCoin+0.050%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$810.810% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now +0.050%, 7d avg −0.019%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.069% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FETUSDTM | 0.1987 | 0.0100 | pay 0.0100% / 8h | 3h 11m | $10.3M | $18.6M | 50x |
| Short | Bitget FETUSDT | 0.1988 | 0.0240 | get 0.0240% / 8h | 3h 11m | $16.2M | $11.9M | 75x |
KuCoin FETUSDTM
Bitget FETUSDTFunding 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
- $29.4
- Price spread: +0.050% → −0.019%
- $6.9
- Slippage, 4 orders
- −$57
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$44.69
- Costs to cover
- 0.810%
- Break-even
- 17.6 days
Slippage from KuCoin: live order book, 2 min ago; Bitget: 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 KuCoin live order book, 2 min ago | 2.51 bp | 17.1 bp −$17 | 62.9 bp −$629 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.51 bp | 13.6 bp −$14 | 25.8 bp −$258 | doesn't fit | doesn't fit |
FET on 20 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 FET_USDC-PERPETUAL | −0.4259% | 1h | 0.1987 | 0.000% | $38K | $297K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.1192% | 1h | 0.2001 | +0.705% | $148K | $257K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0368% | 1h | 0.1989 | +0.082% | $974K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.1987 | −0.015% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | +1.158% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.1988 | +0.072% | $192K | $808K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.1988 | +0.060% | $30.3M | $113.9M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.1986 | −0.050% | $2.6M | $12.6M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.1987 | 0.000% | $30.0M | $24.9M | 200x | as long as short |
| KuCoin FETUSDTMlong | +0.0100% | 8h | 0.1987 | long leg | $10.3M | $18.6M | 50x |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.1996 | +0.461% | $273K | $478K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.1986 | −0.050% | $37K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.1986 | −0.028% | $33K | $204K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.1986 | −0.060% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.1993 | +0.302% | $1.7M | $3.1M | 100x | as long as short |
| BingX FET-USDT | +0.0232% | 8h | 0.1987 | 0.000% | — | $5.9M | — | as long as short |
| Bitget FETUSDTshort | +0.0240% | 8h | 0.1988 | +0.050% | $16.2M | $11.9M | 75x | |
| OKX FET-USDT-SWAP | +0.0389% | 4h | 0.1989 | +0.101% | $1.0M | $8.1M | 20x | as long as short |
| Phoenix FET | +0.0435% | 1h | 0.1996 | +0.428% | $35K | $38K | 5x | as long as short |
| Hyperliquid FET | +0.0669% | 1h | 0.1989 | +0.106% | $8.5M | $8.4M | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
OKX FET-USDT-SWAP
Phoenix FET
Hyperliquid FET