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+0.035%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1381.377% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.035%, 7d avg +0.085%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.050% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GMTUSDTM | 0.008590 | 0.0100 | pay 0.0050% / 4h | 3h 15m | $261K | $105K | 50x |
| Short | Bitget GMTUSDT | 0.008593 | 0.0100 | get 0.0050% / 4h | 3h 15m | $698K | $418K | 50x |
KuCoin GMTUSDTM
Bitget GMTUSDTFunding 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
- $0
- Price spread: +0.035% → +0.085%
- −$4.98
- Slippage, 4 orders
- −$113.69
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$142.68
- Costs to cover
- 1.377%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 35 min ago; Bitget: live order book, 55 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, 35 min ago | 11.95 bp | 47.6 bp −$48 | 281.6 bp −$2,816 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 55 min ago | 6.60 bp | 22.4 bp −$22 | 185.7 bp −$1,857 | doesn't fit | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1346% | 1h | 0.008593 | +0.033% | $45K | $12K | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008598 | +0.093% | $129K | $120K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008587 | −0.029% | $7K | $15K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008593 | +0.035% | $2.8M | $3.3M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008593 | +0.035% | $1.1M | $1.2M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008593 | +0.035% | $356K | $632K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008580 | −0.116% | $150K | $112K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008593 | +0.035% | $421K | $188K | 20x | as long as short |
| KuCoin GMTUSDTMlong | +0.0100% | 4h | 0.008590 | long leg | $261K | $105K | 50x | |
| Bitget GMTUSDTshort | +0.0100% | 4h | 0.008593 | +0.035% | $698K | $418K | 50x |
Kraken Futures PF_GMTUSD
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008592 | +0.023% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008572 | −0.208% | $4K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT