Funding you earn now, next payment 08:00 UTC−0.0119%/8h= −13.0% APRnext payment −$1.19 per $10,000 · paid last 24h −0.008%
Price spread now: KuCoin against Bitget+0.040%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$590.593% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.040%, 7d avg +0.019%
=The price spread pays, funding is against you. KuCoin is 0.021% dearer against Bitget than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of +0.019%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FILUSDT | 1.0070 | 0.0100 | pay 0.0100% / 8h | 5h 14m | $11.2M | $20.0M | 75x |
| Short | KuCoin FILUSDTM | 1.0074 | −0.0019 | pay 0.0019% / 8h | 5h 14m | $7.5M | $7.2M | 50x |
Bitget FILUSDT
KuCoin FILUSDTMFunding 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
- −$24.99
- Price spread: +0.040% → +0.019%
- $2.12
- Slippage, 4 orders
- −$35.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$82.14
- Costs to cover
- 0.593%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 3 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, 4 min ago | 0.99 bp | 14.9 bp −$15 | 22.4 bp −$224 | 42.2 bp −$4,217 | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 1.98 bp | 16.2 bp −$16 | 40.1 bp −$401 | doesn't fit | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0256% | 1h | 1.0080 | +0.099% | $380K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0126% | 1h | 1.0079 | +0.094% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0061% | 8h | 1.0072 | +0.020% | $19.2M | $101.8M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0048% | 1h | 1.0080 | +0.099% | $173K | $23K | 25x | as long as short |
| KuCoin FILUSDTMshort | −0.0019% | 8h | 1.0074 | +0.040% | $7.5M | $7.2M | 50x | |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0073 | +0.034% | $27K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0074 | +0.045% | $59K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −2.135% | $2K | $240K | 12x | as long as short |
| Extended FIL-USD | +0.0072% | 1h | 1.0071 | +0.013% | $712K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0074% | 8h | 1.0074 | +0.040% | $58.7M | $178.7M | 75x | as long as short |
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
Deribit FIL_USDC-PERPETUAL
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Extended FIL-USD
Binance FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0091% | 8h | 1.0065 | −0.050% | $244K | $104K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0073 | +0.031% | $159K | $353K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0076 | +0.060% | $8.7M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0079 | +0.086% | $512K | $577K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0072 | +0.020% | $15.9M | $19.5M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0076 | +0.060% | $8.6M | $16.5M | 50x | as long as short |
| Bitget FILUSDTlong | +0.0100% | 8h | 1.0070 | long leg | $11.2M | $20.0M | 75x | |
| BingX FIL-USDC | +0.0100% | 8h | 1.0074 | +0.040% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0088 | +0.174% | $454K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0094 | +0.242% | $46K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0101 | +0.305% | $300K | $905K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0100 | +0.298% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0082 | +0.121% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0060 | −0.099% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0070 | 0.000% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0069 | −0.010% | $635K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0060 | −0.099% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0194% | 8h | 1.0063 | −0.070% | $2.8M | $650K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0576% / S −0.0237% | 1h | 1.0074 | +0.035% | $269K | — | 100x | as long as short |
MEXC FIL_USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]