Funding you earn now, next payment 00:00 UTC+0.0736%/8h= +80.6% APRnext payment +$3.68 per $10,000 · paid last 24h +0.019%
Price spread now: Bitget against KuCoin+0.152%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,130as in the Price arb table
costs, in and out, $10k−$1,13811.385% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.152%, 7d avg +0.072%
=Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Bitget is 0.080% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.072%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.007% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GWEIUSDTM | 0.02298 | 0.0100 | pay 0.0050% / 4h | 53m 55s | $453K | $17K | 20x |
| Short | Bitget GWEIUSDT | 0.02302 | 0.0836 | get 0.0418% / 4h | 53m 55s | $1.9M | $214K | 20x |
KuCoin GWEIUSDTM
Bitget GWEIUSDTFunding 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
- $154.56
- Price spread: +0.152% → +0.072%
- $8.02
- Slippage, 4 orders
- −$1,114.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$975.88
- Costs to cover
- 11.385%
- Break-even
- 51.2 days
Slippage from KuCoin: live order book, 8 min ago; Bitget: 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 KuCoin live order book, 8 min ago | 28.05 bp | 753.9 bp −$754 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.18 bp | 32.9 bp −$33 | 182.8 bp −$1,828 | doesn't fit | doesn't fit |
GWEI on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GWEIUSDTMlong | +0.0100% | 4h | 0.02298 | long leg | $453K | $17K | 20x | |
| Variational Omni GWEI | +0.0100% | 4h | 0.02301 | +0.117% | $4K | $55 | — | as long as short |
| Bybit GWEIUSDT | +0.0361% | 4h | 0.02308 | +0.413% | $373K | $116K | 25x | as long as short |
| BloFin GWEI-USDT | +0.0411% | 4h | 0.02305 | +0.283% | $172K | $29K | 50x | as long as short |
| MEXC GWEI_USDT | +0.0438% | 4h | 0.02304 | +0.239% | $104K | $85K | 20x | as long as short |
| Binance GWEIUSDT | +0.0439% | 4h | 0.02305 | +0.275% | $2.4M | $2.6M | 50x | as long as short |
| Extended GWEI-USD | +0.0440% | 1h | 0.02304 | +0.234% | $4K | $142K | 5x | as long as short |
| Gate GWEI_USDT | +0.0536% | 4h | 0.02301 | +0.096% | $379K | $390K | 10x | as long as short |
| BingX GWEI-USDT | +0.0760% | 4h | 0.02307 | +0.370% | — | $1.6M | — | as long as short |
| Bitget GWEIUSDTshort | +0.0836% | 4h | 0.02302 | +0.152% | $1.9M | $214K | 20x |
Variational Omni GWEI
Bybit GWEIUSDT
BloFin GWEI-USDT
MEXC GWEI_USDT
Binance GWEIUSDT
Extended GWEI-USD
Gate GWEI_USDT
BingX GWEI-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1474% | 4h | 0.02296 | −0.118% | $16K | $15K | 10x | as long as short |
Aster GWEIUSDT