Settings8H · net · $10k
Funding arb · Price arb /

NIL

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget+0.072%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1741.743% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.072%, 7d avg +0.048%
Together, before fees−0.060%−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.024% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NILUSDT0.069650.0100pay 0.0050% / 4h28m 45s$1.8M$8.4M50x
ShortKuCoin NILUSDTM0.069700.0100get 0.0050% / 4h28m 45s$580K$708K30x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.072% → +0.048%
$2.35
Slippage, 4 orders
−$150.33
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$171.98
Costs to cover
1.743%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago9.16 bp30.5 bp −$31133.8 bp −$1,338doesn't fitdoesn't fit
Sell KuCoin live order book, 55 min ago17.96 bp49.7 bp −$50517.6 bp −$5,176doesn't fitdoesn't fit

NIL on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NILUSDT+0.0100%4h0.06965+0.005%$23K$319K5xas long as short
Binance NILUSDT+0.0100%4h0.069650.000%$5.4M$74.7M50xas long as short
Bybit NILUSDT+0.0100%4h0.06963−0.029%$3.8M$13.9M20xas long as short
Gate NIL_USDT+0.0100%4h0.06957−0.115%$449K$2.0M50xas long as short
MEXC NIL_USDT+0.0100%4h0.06948−0.244%$2.3M$4.3M100xas long as short
KuCoin NILUSDTMshort+0.0100%4h0.06970+0.072%$580K$708K30x
Bitget NILUSDTlong+0.0100%4h0.06965long leg$1.8M$8.4M50x
BingX NIL-USDT+0.0100%4h0.06953−0.172%$8.5Mas long as short
Variational Omni NIL+0.0100%4h0.07037+1.030%$181K$280Kas long as short
Extended NIL-USD+0.0104%1h0.06963−0.028%$19K$91K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NIL-USDT+0.0105%4h0.06998+0.474%$353K$126K50xas long as short
Hyperliquid NIL+0.0756%1h0.06985+0.286%$4.4M$4.6M3xas long as short