Funding you earn now, next payment 04:00 UTC+0.0288%/8h= +31.5% APRnext payment +$1.44 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin+0.059%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$284as in the Funding arb table
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$2912.907% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.059%, 7d avg +0.104%
=Funding pays, the price is against you. Bitget is 0.044% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.059% now, against its 7-day average of +0.104%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.068% in total) that is about 4.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.068% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.44 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 NOTUSDTM | 0.0005066 | −0.0188 | get 0.0094% / 4h | 1h 41m | $464K | $130K | 50x |
| Short | Bitget NOTUSDT | 0.0005069 | 0.0100 | get 0.0050% / 4h | 1h 41m | $672K | $411K | 50x |
KuCoin NOTUSDTM
Bitget NOTUSDTFunding 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
- $60.48
- Price spread: +0.059% → +0.104%
- −$4.45
- Slippage, 4 orders
- −$266.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$234.62
- Costs to cover
- 2.907%
- Break-even
- 34.2 days
Slippage from KuCoin: live order book, 56 min ago; Bitget: live order book, 18 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, 56 min ago | 20.74 bp | 99.0 bp −$99 | 593.1 bp −$5,931 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 18 min ago | 6.89 bp | 26.2 bp −$26 | 162.7 bp −$1,627 | doesn't fit | doesn't fit |
NOT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NOT | −0.0346% | 4h | 0.0005053 | −0.254% | $71K | $39K | — | as long as short |
| KuCoin NOTUSDTMlong | −0.0188% | 4h | 0.0005066 | long leg | $464K | $130K | 50x | |
| Injective NOT/USDC PERP | +0.0033% | 1h | 0.0004874 | −3.790% | $1K | $13K | 5.5x | as long as short |
| BloFin NOT-USDT | +0.0049% | 4h | 0.0005069 | +0.059% | $112K | $17K | 50x | as long as short |
| Bybit NOTUSDT | +0.0063% | 4h | 0.0005065 | −0.020% | $2.1M | $862K | 25x | as long as short |
| Lighter 1000NOT | +0.0096% | 1h | 0.0005085 | +0.377% | $11K | $4K | 3x | as long as short |
| Hyperliquid NOT | +0.0100% | 1h | 0.0005070 | +0.079% | $370K | $51K | 3x | as long as short |
| Aster NOTUSDT | +0.0100% | 4h | 0.0005077 | +0.207% | $14K | $9K | 5x | as long as short |
| Binance NOTUSDT | +0.0100% | 4h | 0.0005069 | +0.065% | $2.1M | $3.1M | 50x | as long as short |
| OKX NOT-USDT-SWAP | +0.0100% | 4h | 0.0005064 | −0.039% | $634K | $652K | 20x | as long as short |
Variational Omni NOT
Injective NOT/USDC PERP
BloFin NOT-USDT
Bybit NOTUSDT
Lighter 1000NOT
Hyperliquid NOT
Aster NOTUSDT
Binance NOTUSDT
OKX NOT-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NOT_USDT | +0.0100% | 4h | 0.0005065 | −0.020% | $143K | $68K | 50x | as long as short |
| MEXC NOT_USDT | +0.0100% | 4h | 0.0005070 | +0.079% | $1.3M | $439K | 200x | as long as short |
| Bitget NOTUSDTshort | +0.0100% | 4h | 0.0005069 | +0.059% | $672K | $411K | 50x | |
| BingX NOT-USDC | +0.0100% | 4h | 0.0005069 | +0.059% | — | $722K | — | as long as short |
| Extended kNOT-USD | +0.0104% | 1h | 0.0005074 | +0.159% | $4K | $491 | 5x | as long as short |
| Kraken Futures PF_NOTUSD | +0.1948% | 1h | 0.0005079 | +0.254% | $50K | $9K | 10x | as long as short |
Gate NOT_USDT
MEXC NOT_USDT
BingX NOT-USDC
Extended kNOT-USD
Kraken Futures PF_NOTUSD