Funding you earn now, next payment 00:00 UTC+0.0304%/8h= +33.3% APRnext payment +$1.52 per $10,000 · paid last 24h +0.043%
Price spread now: KuCoin against Bitget+0.053%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$758as in the Funding arb table
Net, price: spread back to 7d avg − costs−$756as in the Price arb table
costs, in and out, $10k−$7527.516% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 7 days−0.083%−$8 · spread now +0.053%, 7d avg +0.101%
=Funding pays, the price is against you. KuCoin is 0.048% cheaper against Bitget than usual: you would sell low and buy high (spread +0.053% now, against its 7-day average of +0.101%). If the spread goes back, that is −$5 on $10k: about 13 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.061% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.52 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 LAUSDT | 0.07488 | −0.0290 | get 0.0145% / 4h | 27m 18s | $2.1M | $511K | 25x |
| Short | KuCoin LAUSDTM | 0.07492 | 0.0014 | get 0.0007% / 4h | 27m 18s | $1.0M | $61K | 30x |
Bitget LAUSDT
KuCoin LAUSDTMFunding 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
- $63.84
- Price spread: +0.053% → +0.101%
- −$4.8
- Slippage, 4 orders
- −$727.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$692.54
- Costs to cover
- 7.516%
- Break-even
- 82.9 days
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 2 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 | 3.34 bp | 20.8 bp −$21 | 129.9 bp −$1,299 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 8.66 bp | 402.3 bp −$402 | doesn't fit | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDTlong | −0.0290% | 4h | 0.07488 | long leg | $2.1M | $511K | 25x | |
| BingX LA-USDT | −0.0274% | 4h | 0.07499 | +0.147% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0194% | 4h | 0.07493 | +0.068% | $52K | $8K | 5x | as long as short |
| Gate LA_USDT | −0.0180% | 4h | 0.07495 | +0.093% | $248K | $801K | 50x | as long as short |
| BloFin LA-USDT | −0.0168% | 4h | 0.07504 | +0.214% | $250K | $19K | 25x | as long as short |
| Binance LAUSDT | −0.0137% | 4h | 0.07497 | +0.120% | $4.7M | $8.6M | 25x | as long as short |
| MEXC LA_USDT | −0.0136% | 4h | 0.07495 | +0.093% | $401K | $139K | 50x | as long as short |
| KuCoin LAUSDTMshort | +0.0014% | 4h | 0.07492 | +0.053% | $1.0M | $61K | 30x | |
| Bybit LAUSDT | +0.0100% | 4h | 0.07504 | +0.214% | $2.4M | $2.3M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07498 | +0.134% | $1.3M | $2.9M | 20x | as long as short |
BingX LA-USDT
Aster LAUSDT
Gate LA_USDT
BloFin LA-USDT
Binance LAUSDT
MEXC LA_USDT
Bybit LAUSDT
OKX LA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07494 | +0.075% | $152K | $459K | 10x | as long as short |
GRVT LA_USDT_Perp