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

HOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin−0.095%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.095% cheaper against KuCoin than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HOTUSDTM0.00042070.0100pay 0.0100% / 8h4h 50m$73K$39K30x
ShortBitget HOTUSDT0.00042030.0100get 0.0100% / 8h4h 50m$300K$212K25x

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: −0.095% → 0.000%
−$9.51
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$33.51
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: KuCoin: no order-book sample; Bitget: live order book, 64 min ago. Net counts fees only.

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 no order-book sample
Sell Bitget live order book, 64 min ago8.32 bp33.8 bp −$34189.9 bp −$1,899doesn't fitdoesn't fit
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

HOT on 5 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
BloFin HOT-USDT+0.0079%8h0.0004200−0.166%$146K$43K50xas long as short
Binance HOTUSDT+0.0100%8h0.0004192−0.357%$1.5M$2.5M50xas long as short
MEXC HOT_USDT+0.0100%8h0.0004200−0.166%$433K$151K50xas long as short
KuCoin HOTUSDTMlong+0.0100%8h0.0004207long leg$73K$39K30x
Bitget HOTUSDTshort+0.0100%8h0.0004203−0.095%$300K$212K25x