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: KuCoin against Bitget+0.089%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$487as in the Funding arb table
Net, price: spread back to 7d avg − costs−$498as in the Price arb table
costs, in and out, $10k−$5115.112% of the position
Funding, last 7 days+0.244%+$24 on $10k
+Price spread, last 4 days (all we have)−0.633%−$63 · spread now +0.089%, 7d avg −0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.135% dearer against Bitget than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FRAXUSDT | 0.2915 | 0.0100 | pay 0.0050% / 4h | 1m 29s | $147K | $40K | 50x |
| Short | KuCoin FRAXUSDTM | 0.2918 | 0.0100 | get 0.0050% / 4h | 1m 29s | $98K | $156K | 50x |
Bitget FRAXUSDT
KuCoin FRAXUSDTMFunding 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
- $0
- Price spread: +0.089% → −0.045%
- $13.45
- Slippage, 4 orders
- −$487.24
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$497.79
- Costs to cover
- 5.112%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 48 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, 48 min ago | 4.30 bp | 36.5 bp −$37 | 219.3 bp −$2,193 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 29.16 bp | 223.0 bp −$223 | 548.5 bp −$5,485 | doesn't fit | doesn't fit |
FRAX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster FRAXUSDT | +0.0100% | 4h | 0.2915 | −0.019% | $22K | $13K | 5x | as long as short |
| Binance FRAXUSDT | +0.0100% | 4h | 0.2914 | −0.048% | $1.5M | $938K | 50x | as long as short |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2912 | −0.117% | $44K | $16K | 20x | as long as short |
| MEXC FRAX_USDT | +0.0100% | 4h | 0.2914 | −0.048% | $203K | $111K | 50x | as long as short |
| KuCoin FRAXUSDTMshort | +0.0100% | 4h | 0.2918 | +0.089% | $98K | $156K | 50x | |
| Bitget FRAXUSDTlong | +0.0100% | 4h | 0.2915 | long leg | $147K | $40K | 50x | |
| BingX FRAX-USDT | +0.0100% | 4h | 0.2913 | −0.082% | — | $1.2M | — | as long as short |
Aster FRAXUSDT
Binance FRAXUSDT
Gate FRAX_USDT
MEXC FRAX_USDT
BingX FRAX-USDT