Funding you earn now, next payment 04:00 UTC+0.1674%/8h= +183.3% APRnext payment +$8.37 per $10,000 · paid last 24h +0.084%
Price spread now: KuCoin against Bitget+0.244%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$536as in the Funding arb table
Net, price: spread back to 7d avg − costs−$519as in the Price arb table
costs, in and out, $10k−$5395.391% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)−0.339%−$34 · spread now +0.244%, 7d avg +0.048%
=Both sides work for this trade now. Funding pays +$50 a day on $10k at the current rate, and KuCoin is 0.196% dearer against Bitget than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.048%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.37 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 1000000MOGUSDT | 0.0000001227 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $354K | $165K | 50x |
| Short | KuCoin 1000000MOGUSDTM | 0.0000001230 | 0.1774 | get 0.0887% / 4h | 1h 13m | $677K | $151K | 30x |
Funding 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
- $351.54
- Price spread: +0.244% → +0.048%
- $19.62
- Slippage, 4 orders
- −$515.12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$167.95
- Costs to cover
- 5.391%
- Break-even
- 10.3 days
Slippage from Bitget: live order book, 42 min ago; KuCoin: live order book, 11 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, 42 min ago | 8.17 bp | 47.4 bp −$47 | 397.4 bp −$3,974 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 16.22 bp | 230.2 bp −$230 | doesn't fit | doesn't fit | doesn't fit |
MOG 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit 1000MOG_USDC-PERPETUAL | −0.2999% | 1h | 0.0000001227 | 0.000% | $32K | $30K | 10x | as long as short |
| Gate MOG_USDT | +0.0100% | 4h | 0.0000001229 | +0.163% | $453K | $347K | 25x | as long as short |
| Bitget 1000000MOGUSDTlong | +0.0100% | 4h | 0.0000001227 | long leg | $354K | $165K | 50x | |
| MEXC 1000000MOG_USDT | +0.0170% | 4h | 0.0000001225 | −0.163% | $727K | $220K | 100x | as long as short |
| Binance 1000000MOGUSDT | +0.0170% | 4h | 0.0000001225 | −0.190% | $1.2M | $4.0M | 50x | as long as short |
| BloFin 1000000MOG-USDT | +0.0174% | 4h | 0.0000001230 | +0.244% | $80K | $21K | 50x | as long as short |
| Bybit 1000000MOGUSDT | +0.0244% | 4h | 0.0000001228 | +0.081% | $1.7M | $2.3M | 50x | as long as short |
| Kraken Futures PF_MOGUSD | +0.0324% | 1h | 0.0000001224 | −0.220% | $49K | $41K | 10x | as long as short |
| BingX 1000000MOG-USDT | +0.0490% | 4h | 0.0000001229 | +0.163% | — | $1.4M | — | as long as short |
| Coinbase International 1000MOG-PERP-INTX | +0.1176% | 1h | 0.0000001221 | −0.489% | $67K | $10K | 25x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 1000000MOG | +0.1461% | 4h | 0.0000001231 | +0.347% | $5K | $12K | — | as long as short |
| KuCoin 1000000MOGUSDTMshort | +0.1774% | 4h | 0.0000001230 | +0.244% | $677K | $151K | 30x |
Bitget 1000000MOGUSDT
KuCoin 1000000MOGUSDTM
Deribit 1000MOG_USDC-PERPETUAL
Gate MOG_USDT
MEXC 1000000MOG_USDT
Binance 1000000MOGUSDT
BloFin 1000000MOG-USDT
Bybit 1000000MOGUSDT
Kraken Futures PF_MOGUSD
BingX 1000000MOG-USDT
Coinbase International 1000MOG-PERP-INTX
Variational Omni 1000000MOG