Funding you earn now, next payment 12:00 UTC−0.0250%/8h= −27.4% APRnext payment −$1.25 per $10,000 · paid last 24h −0.118%
Price spread now: Bitget against KuCoin−0.023%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1701.705% of the position
Funding, last 7 days−0.145%−$15 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now −0.023%, 7d avg +0.036%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bitget is 0.059% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.036%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.145% in total (about -7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.25 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MARSCOINUSDTM | 0.1313 | 0.0776 | pay 0.0388% / 4h | 9m 36s | $1.6M | $3.6M | 20x |
| Short | Bitget MARSCOINUSDT | 0.1313 | 0.0526 | get 0.0263% / 4h | 9m 36s | $3.0M | $10.6M | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$52.5
- Price spread: −0.023% → +0.036%
- −$5.92
- Slippage, 4 orders
- −$146.49
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$228.91
- Costs to cover
- 1.705%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; Bitget: 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 KuCoin live order book, 11 min ago | 1.54 bp | 80.1 bp −$80 | 201.7 bp −$2,017 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.79 bp | 20.2 bp −$20 | 103.1 bp −$1,031 | doesn't fit | doesn't fit |
MARSCOIN on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MARSCOIN_USDT | +0.0100% | 4h | 0.1312 | −0.076% | $2.4M | $3.2M | 20x | as long as short |
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.1313 | −0.023% | — | $1.1M | 10x | as long as short |
| HTX MARSCOIN-USDT | +0.0100% | 4h | 0.1321 | +0.586% | $93K | $808K | 20x | as long as short |
| Phemex MARSCOINUSDT | +0.0100% | 4h | 0.1312 | −0.114% | $1.9M | $2.6M | 20x | as long as short |
| Binance MARSCOINUSDT | +0.0345% | 4h | 0.1311 | −0.156% | $31.3M | $89.5M | 20x | as long as short |
| MEXC MARSCOIN_USDT | +0.0346% | 4h | 0.1313 | −0.061% | $4.0M | $2.0M | 20x | as long as short |
| BingX MARSCOIN-USDT | +0.0524% | 4h | 0.1312 | −0.114% | — | $1.7M | — | as long as short |
| Bitget MARSCOINUSDTshort | +0.0526% | 4h | 0.1313 | −0.023% | $3.0M | $10.6M | 20x | |
| Bybit MARSCOINUSDT | +0.0555% | 4h | 0.1310 | −0.228% | $9.7M | $18.0M | 20x | as long as short |
| BloFin MARSCOIN-USDT | +0.0577% | 4h | 0.1315 | +0.114% | $1.6M | $591K | 20x | as long as short |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MARSCOINUSDTMlong | +0.0776% | 4h | 0.1313 | long leg | $1.6M | $3.6M | 20x | |
| Aster MARSCOINUSDT | +0.0799% | 4h | 0.1312 | −0.107% | $744K | $1.2M | 10x | as long as short |
KuCoin MARSCOINUSDTM
Bitget MARSCOINUSDT
Gate MARSCOIN_USDT
SunX MARSCOIN-USDT
HTX MARSCOIN-USDT
Phemex MARSCOINUSDT
Binance MARSCOINUSDT
MEXC MARSCOIN_USDT
BingX MARSCOIN-USDT
Bybit MARSCOINUSDT
BloFin MARSCOIN-USDT
Aster MARSCOINUSDT