Funding you earn now, next payment 08:00 UTC−0.1010%/8h= −110.6% APRnext payment −$5.05 per $10,000 · paid last 24h −0.084%
Price spread now: Bitget against KuCoin0.000%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$513as in the Funding arb table
Net, price: spread back to 7d avg − costs−$505as in the Price arb table
costs, in and out, $10k−$5105.101% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)+0.095%+$9 · spread now 0.000%, 7d avg −0.047%
=The price spread pays, funding is against you. Bitget is 0.047% dearer against KuCoin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.047%): +$5 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.029% in total) that is about 11 days.
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 −$5.05 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 | KuCoin 1000000MOGUSDTM | 0.0000001224 | 0.1110 | pay 0.0555% / 4h | 3h 57m | $672K | $153K | 30x |
| Short | Bitget 1000000MOGUSDT | 0.0000001224 | 0.0100 | get 0.0050% / 4h | 3h 57m | $345K | $176K | 50x |
KuCoin 1000000MOGUSDTM
Bitget 1000000MOGUSDTFunding 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
- −$212.1
- Price spread: 0.000% → −0.047%
- $4.67
- Slippage, 4 orders
- −$486.09
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$717.52
- Costs to cover
- 5.101%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 16 min ago; Bitget: live order book, 52 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, 16 min ago | 12.32 bp | 205.1 bp −$205 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 52 min ago | 16.46 bp | 48.4 bp −$48 | 250.2 bp −$2,502 | 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 | −0.4632% | 1h | 0.0000001223 | −0.082% | $32K | $30K | 10x | as long as short |
| Binance 1000000MOGUSDT | +0.0100% | 4h | 0.0000001224 | 0.000% | $1.2M | $4.0M | 50x | as long as short |
| Bybit 1000000MOGUSDT | +0.0100% | 4h | 0.0000001226 | +0.163% | $1.7M | $2.3M | 50x | as long as short |
| Gate MOG_USDT | +0.0100% | 4h | 0.0000001222 | −0.163% | $450K | $347K | 25x | as long as short |
| MEXC 1000000MOG_USDT | +0.0100% | 4h | 0.0000001224 | 0.000% | $727K | $219K | 100x | as long as short |
| Bitget 1000000MOGUSDTshort | +0.0100% | 4h | 0.0000001224 | 0.000% | $345K | $176K | 50x | |
| BloFin 1000000MOG-USDT | +0.0109% | 4h | 0.0000001228 | +0.327% | $79K | $21K | 50x | as long as short |
| BingX 1000000MOG-USDT | +0.0200% | 4h | 0.0000001227 | +0.245% | — | $1.4M | — | as long as short |
| Kraken Futures PF_MOGUSD | +0.0373% | 1h | 0.0000001223 | −0.114% | $49K | $41K | 10x | as long as short |
| Variational Omni 1000000MOG | +0.0798% | 4h | 0.0000001228 | +0.309% | $5K | $13K | — | as long as short |
Deribit 1000MOG_USDC-PERPETUAL
Binance 1000000MOGUSDT
Bybit 1000000MOGUSDT
Gate MOG_USDT
MEXC 1000000MOG_USDT
BloFin 1000000MOG-USDT
BingX 1000000MOG-USDT
Kraken Futures PF_MOGUSD
Variational Omni 1000000MOGShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International 1000MOG-PERP-INTX | +0.0944% | 1h | 0.0000001221 | −0.245% | $67K | $10K | 25x | as long as short |
| KuCoin 1000000MOGUSDTMlong | +0.1110% | 4h | 0.0000001224 | long leg | $672K | $153K | 30x |
Coinbase International 1000MOG-PERP-INTX