Funding you earn now, next payment 04:00 UTC+0.1704%/8h= +186.6% APRnext payment +$8.52 per $10,000 · paid last 24h +0.118%
Price spread now: KuCoin against Bitget+0.292%7-day average −0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,459as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,424as in the Price arb table
costs, in and out, $10k−$2,46424.642% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)−0.385%−$39 · spread now +0.292%, 7d avg −0.114%
=Both sides work for this trade now. Funding pays +$51 a day on $10k at the current rate, and KuCoin is 0.406% dearer against Bitget than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of −0.114%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.049% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.52 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 | Bitget INXUSDT | 0.006168 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $387K | $86K | 25x |
| Short | KuCoin INXUSDTM | 0.006186 | 0.1804 | get 0.0902% / 4h | 2h 55m | $294K | $80K | 20x |
Bitget INXUSDT
KuCoin INXUSDTMFunding 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
- $357.84
- Price spread: +0.292% → −0.114%
- $40.58
- Slippage, 4 orders
- −$2,440.16
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,065.74
- Costs to cover
- 24.642%
- Break-even
- 47.4 days
Slippage from Bitget: live order book, 5 min ago; KuCoin: 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 Bitget live order book, 5 min ago | 12.97 bp | 55.0 bp −$55 | 409.3 bp −$4,093 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 55 min ago | 19.50 bp | 574.7 bp −$575 | doesn't fit | doesn't fit | doesn't fit |
INX 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International INX-PERP-INTX | −0.1776% | 1h | 0.006083 | −1.378% | $5K | $6K | 50x | as long as short |
| Bitget INXUSDTlong | +0.0100% | 4h | 0.006168 | long leg | $387K | $86K | 25x | |
| Gate INX_USDT | +0.0404% | 4h | 0.006160 | −0.130% | $1.6M | $67K | 25x | as long as short |
| Deribit INX_USDC-PERPETUAL | +0.0561% | 1h | 0.006168 | 0.000% | $56K | $20K | 10x | as long as short |
| Extended INX-USD | +0.0752% | 1h | 0.006164 | −0.057% | $1K | $109K | 5x | as long as short |
| Binance INXUSDT | +0.0754% | 4h | 0.006166 | −0.032% | $2.0M | $1.4M | 25x | as long as short |
| MEXC INX_USDT | +0.0762% | 4h | 0.006167 | −0.016% | $803K | $187K | 50x | as long as short |
| Aster INXUSDT | +0.1303% | 4h | 0.006163 | −0.084% | $18K | $10K | 5x | as long as short |
| KuCoin INXUSDTMshort | +0.1804% | 4h | 0.006186 | +0.292% | $294K | $80K | 20x | |
| Bybit INXUSDT | +0.1986% | 4h | 0.006170 | +0.032% | $786K | $358K | 13x | as long as short |
Coinbase International INX-PERP-INTX
Gate INX_USDT
Deribit INX_USDC-PERPETUAL
Extended INX-USD
Binance INXUSDT
MEXC INX_USDT
Aster INXUSDT
Bybit INXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX INX-USDT | +0.2074% | 4h | 0.006162 | −0.097% | — | $6.5M | — | as long as short |
BingX INX-USDT