Funding you earn now, next payment 00:00 UTC−0.1688%/8h= −184.8% APRnext payment −$8.44 per $10,000 · paid last 24h −0.508%
Price spread now: Bitget against KuCoin+0.647%7-day average +0.233% · you sell dearer than you buy
Net, funding: paid 7d − costs−$598as in the Funding arb table
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$3613.606% of the position
Funding, last 7 days−2.374%−$237 on $10k
+Price spread, last 7 days−1.116%−$112 · spread now +0.647%, 7d avg +0.233%
=The price spread pays, funding is against you. Bitget is 0.414% dearer against KuCoin than usual: you sell high and buy low (spread +0.647% now, against its 7-day average of +0.233%): +$41 on $10k if it goes back. Holding the pair costs −$51 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MUSDTM | 1.4345 | 0.1788 | pay 0.0894% / 4h | 7m 22s | $1.4M | $4.3M | 10x |
| Short | Bitget MUSDT | 1.4438 | 0.0100 | get 0.0050% / 4h | 7m 22s | $1.9M | $354K | 10x |
KuCoin MUSDTM
Bitget MUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$354.48
- Price spread: +0.647% → +0.233%
- $41.41
- Slippage, 4 orders
- −$336.59
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$673.66
- Costs to cover
- 3.606%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 5 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 KuCoin live order book, 5 min ago | 7.72 bp | 165.8 bp −$166 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 10.03 bp | 49.7 bp −$50 | 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 | 1.4468 | +0.856% | $4.6M | $2.4M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4437 | +0.640% | $1.9M | $954K | 10x | as long as short |
| Bitget MUSDTshort | +0.0100% | 4h | 1.4438 | +0.647% | $1.9M | $354K | 10x | |
| Variational Omni M | +0.0100% | 4h | 1.4440 | +0.660% | $90K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4469 | +0.863% | $2K | $596 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4476 | +0.912% | $2K | $634K | 20x | as long as short |
| Aster MUSDT | +0.1035% | 4h | 1.4473 | +0.893% | $15K | $116K | 5x | as long as short |
| BingX M-USDT | +0.1362% | 4h | 1.4471 | +0.877% | — | $2.4M | — | as long as short |
| MEXC M_USDT | +0.1444% | 4h | 1.4466 | +0.842% | $243K | $113K | 50x | as long as short |
| Binance MUSDT | +0.1445% | 4h | 1.4472 | +0.885% | $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 | +0.1475% | 4h | 1.4471 | +0.877% | $354K | $430K | 10x | as long as short |
| KuCoin MUSDTMlong | +0.1788% | 4h | 1.4345 | long leg | $1.4M | $4.3M | 10x |
BloFin M-USDT