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−0.145%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,228as in the Price arb table
costs, in and out, $10k−$1,21412.137% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.145%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.145% cheaper against KuCoin than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin INITUSDTM | 0.08290 | 0.0100 | pay 0.0050% / 4h | 54m 44s | $327K | $56K | 25x |
| Short | Bitget INITUSDT | 0.08278 | 0.0100 | get 0.0050% / 4h | 54m 44s | $429K | $308K | 25x |
KuCoin INITUSDTM
Bitget INITUSDTFunding 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: −0.145% → 0.000%
- −$14.52
- Slippage, 4 orders
- −$1,189.67
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,228.19
- Costs to cover
- 12.137%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 27 min ago; Bitget: live order book, 61 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, 27 min ago | 37.78 bp | 708.8 bp −$709 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 61 min ago | 13.90 bp | 52.6 bp −$53 | 316.8 bp −$3,168 | doesn't fit | doesn't fit |
INIT on 13 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_INITUSD | −0.5672% | 1h | 0.08226 | −0.775% | $3K | $19K | 10x | as long as short |
| Hyperliquid INIT | +0.0100% | 1h | 0.08281 | −0.111% | $306K | $229K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08279 | −0.135% | $27K | $39K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08278 | −0.141% | $3.4M | $3.7M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08273 | −0.205% | $1.4M | $1.5M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08299 | +0.109% | $138K | $664K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08268 | −0.265% | $84K | $56K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08278 | −0.145% | $448K | $209K | 20x | as long as short |
| KuCoin INITUSDTMlong | +0.0100% | 4h | 0.08290 | long leg | $327K | $56K | 25x | |
| Bitget INITUSDTshort | +0.0100% | 4h | 0.08278 | −0.145% | $429K | $308K | 25x |
Kraken Futures PF_INITUSD
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
MEXC INIT_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX INIT-USDT | +0.0100% | 4h | 0.08279 | −0.133% | — | $6.6M | — | as long as short |
| Variational Omni INIT | +0.0100% | 4h | 0.08276 | −0.167% | $26K | $23K | — | as long as short |
| BloFin INIT-USDT | +0.0159% | 4h | 0.08293 | +0.036% | $153K | $113K | 25x | as long as short |
BingX INIT-USDT
Variational Omni INIT
BloFin INIT-USDT