Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against Bitget−0.036%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$959as in the Funding arb table
Net, price: spread back to 7d avg − costs−$950as in the Price arb table
costs, in and out, $10k−$9529.521% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days−0.062%−$6 · spread now −0.036%, 7d avg −0.060%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.024% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.060%. Mind the row above: over the last 7 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget OUSDT | 0.5587 | 0.0100 | pay 0.0050% / 4h | 46m 37s | $1.6M | $371K | 10x |
| Short | KuCoin OUSDTM | 0.5585 | 0.0146 | get 0.0073% / 4h | 46m 37s | $1.3M | $636K | 20x |
Bitget OUSDT
KuCoin OUSDTMFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $9.66
- Price spread: −0.036% → −0.060%
- $2.41
- Slippage, 4 orders
- −$928.13
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$940.06
- Costs to cover
- 9.521%
- Break-even
- 688.2 days
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 9 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 Bitget live order book, 5 min ago | 13.42 bp | 29.5 bp −$29 | 279.8 bp −$2,798 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 11.62 bp | 235.4 bp −$235 | doesn't fit | doesn't fit | doesn't fit |
O 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OUSDT | +0.0100% | 4h | 0.5585 | −0.029% | $20K | $53K | 3x | as long as short |
| Binance OUSDT | +0.0100% | 4h | 0.5585 | −0.036% | $4.7M | $2.2M | 10x | as long as short |
| Gate O_USDT | +0.0100% | 4h | 0.5579 | −0.143% | $1.5M | $607K | 20x | as long as short |
| Bitget OUSDTlong | +0.0100% | 4h | 0.5587 | long leg | $1.6M | $371K | 10x | |
| Variational Omni O | +0.0100% | 4h | 0.5580 | −0.118% | $3K | $518 | — | as long as short |
| KuCoin OUSDTMshort | +0.0146% | 4h | 0.5585 | −0.036% | $1.3M | $636K | 20x | |
| BloFin O-USDT | +0.0349% | 4h | 0.5585 | −0.036% | $241K | $6K | 20x | as long as short |
| Bybit OUSDT | +0.0360% | 4h | 0.5586 | −0.018% | $701K | $981K | 20x | as long as short |
| BingX O-USDT | +0.0584% | 4h | 0.5584 | −0.054% | — | $1.6M | — | as long as short |
| MEXC O_USDT | +0.0588% | 4h | 0.5591 | +0.072% | $956K | $167K | 50x | as long as short |
Aster OUSDT
Binance OUSDT
Gate O_USDT
Variational Omni O
BloFin O-USDT
Bybit OUSDT
BingX O-USDT
MEXC O_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX O-USDT-SWAP | +0.0588% | 4h | 0.5589 | +0.036% | $1.5M | $1.2M | 10x | as long as short |
OKX O-USDT-SWAP