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: Bitget against KuCoin+0.301%7-day average −0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$297as in the Funding arb table
Net, price: spread back to 7d avg − costs−$247as in the Price arb table
costs, in and out, $10k−$2922.918% 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)−0.463%−$46 · spread now +0.301%, 7d avg −0.149%
Together, before fees−0.517%−$52 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: Bitget is 0.450% dearer against KuCoin than usual: you sell high and buy low, +$45 on $10k if it goes back to its 7-day average of −0.149%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin JOEUSDTM0.036540.0100pay 0.0100% / 8h5h 14m$244K$235K20x
ShortBitget JOEUSDT0.036650.0100get 0.0100% / 8h5h 14m$350K$309K10x

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: +0.301% → −0.149%
$45
Slippage, 4 orders
−$267.78
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$246.78
Costs to cover
2.918%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bitget: live order book, 40 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 KuCoin live order book, 6 min ago30.03 bp109.5 bp −$109doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 40 min ago10.93 bp35.0 bp −$35383.9 bp −$3,839doesn'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%8h0.03663+0.246%$1.7M$4.0M25xas long as short
Gate JOE_USDT+0.0100%8h0.03662+0.219%$82K$68K20xas long as short
MEXC JOE_USDT+0.0100%8h0.03663+0.246%$254K$181K50xas long as short
KuCoin JOEUSDTMlong+0.0100%8h0.03654long leg$244K$235K20x
Bitget JOEUSDTshort+0.0100%8h0.03665+0.301%$350K$309K10x