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

JOE

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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: KuCoin against Bitget−0.221%7-day average +0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$303as in the Funding arb table
Net, price: spread back to 7d avg − costs−$344as in the Price arb table
costs, in and out, $10k−$3083.081% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$5 on $10k
Price spread, last 4 days (all we have)+0.439%+$44 · spread now −0.221%, 7d avg +0.136%
Together, before fees+0.493%+$49 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.356% cheaper against Bitget than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of +0.136%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget JOEUSDT0.036250.0100pay 0.0100% / 8h2h 37m$332K$237K10x
ShortKuCoin JOEUSDTM0.036170.0100get 0.0100% / 8h2h 37m$235K$168K20x

Funding 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 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: −0.221% → +0.136%
−$35.62
Slippage, 4 orders
−$284.11
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$343.74
Costs to cover
3.081%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 19 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago11.06 bp41.4 bp −$41374.2 bp −$3,742doesn't fitdoesn't fit
Sell KuCoin live order book, 19 min ago41.04 bp124.6 bp −$125doesn't fitdoesn't fitdoesn't fit

JOE 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
Binance JOEUSDT+0.0100%8h0.03624−0.028%$1.6M$2.9M25xas long as short
Gate JOE_USDT+0.0100%8h0.03618−0.193%$79K$45K20xas long as short
MEXC JOE_USDT+0.0100%8h0.03623−0.055%$223K$157K50xas long as short
KuCoin JOEUSDTMshort+0.0100%8h0.03617−0.221%$235K$168K20x
Bitget JOEUSDTlong+0.0100%8h0.03625long leg$332K$237K10x