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

FF

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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: Bitget against KuCoin−0.055%7-day average −0.230% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1251.246% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.319%−$32 on $10k
Price spread, last 7 days−0.228%−$23 · spread now −0.055%, 7d avg −0.230%
Together, before fees−0.547%−$55 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: Bitget is 0.175% dearer against KuCoin than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.230%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FFUSDTM0.12720.0100pay 0.0050% / 4h1h 43m$8.5M$5.0M20x
ShortBitget FFUSDT0.12710.0100get 0.0050% / 4h1h 43m$18.5M$1.3M5x

Funding 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 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: −0.055% → −0.230%
$17.5
Slippage, 4 orders
−$100.58
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$107.08
Costs to cover
1.246%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 5 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 KuCoin live order book, 5 min ago9.83 bp41.0 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago3.94 bp18.8 bp −$1962.2 bp −$622doesn't fitdoesn't fit

FF 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
MEXC FF_USDT−0.0038%4h0.1270−0.094%$10.0M$717K50xas long as short
Binance FFUSDT−0.0038%4h0.1270−0.094%$42.9M$19.5M20xas long as short
BloFin FF-USDT−0.0030%4h0.1271−0.024%$2.3M$299K20xas long as short
Aster FFUSDT+0.0100%4h0.1272+0.047%$1.2M$17K5xas long as short
Bybit FFUSDT+0.0100%4h0.1271−0.024%$14.4M$5.1M20xas long as short
Gate FF_USDT+0.0100%4h0.1272+0.024%$26.8M$1.4M50xas long as short
KuCoin FFUSDTMlong+0.0100%4h0.1272long leg$8.5M$5.0M20x
Bitget FFUSDTshort+0.0100%4h0.1271−0.055%$18.5M$1.3M5x
BingX FF-USDT+0.0100%4h0.1271−0.055%$6.7Mas long as short
SunX FF-USDT+0.0100%4h0.1269−0.212%$2K$1.3M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter FF+0.0424%1h0.1274+0.220%$135K$33K3xas long as short