Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.52 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against KuCoin+0.135%7-day average +0.451% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,360as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,393as in the Price arb table
costs, in and out, $10k−$1,36113.611% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.362%+$36 · spread now +0.135%, 7d avg +0.451%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.316% cheaper against KuCoin than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of +0.451%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NAORISUSDTM | 0.03715 | 0.0204 | pay 0.0102% / 4h | 2h 55m | $438K | $28K | 10x |
| Short | Bitget NAORISUSDT | 0.03720 | 0.0100 | get 0.0050% / 4h | 2h 55m | $3.3M | $211K | 10x |
KuCoin NAORISUSDTM
Bitget NAORISUSDTFunding 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
- −$21.84
- Price spread: +0.135% → +0.451%
- −$31.62
- Slippage, 4 orders
- −$1,337.12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,414.59
- Costs to cover
- 13.611%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 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, 2 min ago | 107.12 bp | 586.5 bp −$586 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 18.83 bp | 88.8 bp −$89 | 573.7 bp −$5,737 | doesn't fit | doesn't fit |
NAORIS on 11 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 NAORISUSDT | +0.0100% | 4h | 0.03704 | −0.296% | $1.1M | $454K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03695 | −0.538% | $288K | $13K | 20x | as long as short |
| Bitget NAORISUSDTshort | +0.0100% | 4h | 0.03720 | +0.135% | $3.3M | $211K | 10x | |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03705 | −0.260% | $76K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0178% | 4h | 0.03710 | −0.128% | $5K | $5K | 5x | as long as short |
| KuCoin NAORISUSDTMlong | +0.0204% | 4h | 0.03715 | long leg | $438K | $28K | 10x | |
| Binance NAORISUSDT | +0.0359% | 4h | 0.03712 | −0.075% | $5.0M | $1.2M | 10x | as long as short |
| Extended NAORIS-USD | +0.0360% | 1h | 0.03714 | −0.027% | $7K | $154K | 5x | as long as short |
| MEXC NAORIS_USDT | +0.0360% | 4h | 0.03711 | −0.108% | $4.4M | $213K | 100x | as long as short |
| BloFin NAORIS-USDT | +0.0387% | 4h | 0.03703 | −0.323% | $287K | $10K | 10x | as long as short |
Bybit NAORISUSDT
Gate NAORIS_USDT
Variational Omni NAORIS
Aster NAORISUSDT
Binance NAORISUSDT
Extended NAORIS-USD
MEXC NAORIS_USDT
BloFin NAORIS-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX NAORIS-USDT | +0.0390% | 4h | 0.03709 | −0.162% | — | $1.3M | — | as long as short |
BingX NAORIS-USDT