Funding you earn now, next payment 00:00 UTC+0.1386%/8h= +151.8% APRnext payment +$6.93 per $10,000 · paid last 24h +0.508%
Price spread now: KuCoin against Bitget−1.093%7-day average −0.233% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$436as in the Price arb table
costs, in and out, $10k−$3503.497% of the position
Funding, last 7 days+2.374%+$237 on $10k
+Price spread, last 7 days+1.563%+$156 · spread now −1.093%, 7d avg −0.233%
=Funding pays, the price is against you. KuCoin is 0.861% cheaper against Bitget than usual: you would sell low and buy high (spread −1.093% now, against its 7-day average of −0.233%). If the spread goes back, that is −$86 on $10k: about 2.1 days of funding at the current rate (+$42 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MUSDT | 1.4643 | 0.0100 | pay 0.0050% / 4h | 28m 26s | $1.9M | $363K | 10x |
| Short | KuCoin MUSDTM | 1.4483 | 0.1486 | get 0.0743% / 4h | 28m 26s | $1.4M | $4.3M | 10x |
Bitget MUSDT
KuCoin MUSDTMFunding 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
- $291.06
- Price spread: −1.093% → −0.233%
- −$86.05
- Slippage, 4 orders
- −$325.74
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$144.74
- Costs to cover
- 3.497%
- Break-even
- 10.5 days
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 4 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, 4 min ago | 5.11 bp | 38.9 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 7.64 bp | 84.8 bp −$85 | doesn't fit | doesn't fit | doesn't fit |
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4632 | −0.075% | $4.6M | $2.3M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4602 | −0.280% | $2.0M | $937K | 10x | as long as short |
| Bitget MUSDTlong | +0.0100% | 4h | 1.4643 | long leg | $1.9M | $363K | 10x | |
| Variational Omni M | +0.0100% | 4h | 1.4629 | −0.097% | $91K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4634 | −0.061% | $2K | $596 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4656 | +0.089% | $2K | $617K | 20x | as long as short |
| Aster MUSDT | +0.0885% | 4h | 1.4628 | −0.105% | $15K | $116K | 5x | as long as short |
| BingX M-USDT | +0.1230% | 4h | 1.4622 | −0.143% | — | $2.4M | — | as long as short |
| MEXC M_USDT | +0.1286% | 4h | 1.4621 | −0.150% | $249K | $112K | 50x | as long as short |
| Binance MUSDT | +0.1294% | 4h | 1.4628 | −0.102% | $5.5M | $4.8M | 10x | as long as short |
Bybit MUSDT
Gate M_USDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
BingX M-USDT
MEXC M_USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.1332% | 4h | 1.4627 | −0.109% | $352K | $430K | 10x | as long as short |
| KuCoin MUSDTMshort | +0.1486% | 4h | 1.4483 | −1.093% | $1.4M | $4.3M | 10x |
BloFin M-USDT