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: Bitget against KuCoin+0.115%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−$158as 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)−0.127%−$13 · spread now +0.115%, 7d avg −0.048%
Together, before fees−0.127%−$13 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: Bitget is 0.163% dearer against KuCoin than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NILUSDTM0.069530.0100pay 0.0050% / 4h29m 04s$579K$708K30x
ShortBitget NILUSDT0.069610.0100get 0.0050% / 4h29m 04s$1.8M$8.4M50x

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 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: +0.115% → −0.048%
$16.33
Slippage, 4 orders
−$150.33
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$158
Costs to cover
1.743%
Break-even
never at this rate
Slippage from KuCoin: live order book, 55 min ago; Bitget: live order book, 4 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 KuCoin live order book, 55 min ago17.96 bp65.9 bp −$66doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago9.16 bp28.3 bp −$28139.0 bp −$1,390doesn'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%4h0.06962+0.126%$23K$319K5xas long as short
Binance NILUSDT+0.0100%4h0.06963+0.144%$5.4M$74.8M50xas long as short
Bybit NILUSDT+0.0100%4h0.06967+0.201%$3.8M$13.9M20xas long as short
Gate NIL_USDT+0.0100%4h0.06956+0.043%$449K$2.0M50xas long as short
MEXC NIL_USDT+0.0100%4h0.06952−0.014%$2.3M$4.3M100xas long as short
KuCoin NILUSDTMlong+0.0100%4h0.06953long leg$579K$708K30x
Bitget NILUSDTshort+0.0100%4h0.06961+0.115%$1.8M$8.4M50x
BingX NIL-USDT+0.0100%4h0.06955+0.029%$8.4Mas long as short
Variational Omni NIL+0.0100%4h0.07037+1.205%$181K$280Kas long as short
Extended NIL-USD+0.0104%1h0.06950−0.039%$19K$91K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NIL-USDT+0.0105%4h0.06998+0.647%$353K$126K50xas long as short
Hyperliquid NIL+0.0757%1h0.06980+0.393%$4.4M$4.6M3xas long as short