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

ONE

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.7648%/8h= +837.5% APRnext payment +$9.56 per $10,000 · paid last 24h −5.455%
Price spread now: KuCoin against Bitget+3.933%7-day average +0.888% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,788as in the Funding arb table
Net, price: spread back to 7d avg − costs−$495as in the Price arb table
costs, in and out, $10k−$7997.994% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−19.882%−$1,988 on $10k
Price spread, last 7 days−5.635%−$564 · spread now +3.933%, 7d avg +0.888%
Together, before fees−25.517%−$2,552 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$229 a day on $10k at the current rate, and KuCoin is 3.045% dearer against Bitget than usual: you sell high and buy low: +$304 more if the spread goes back to its 7-day average of +0.888%. Mind the row above: over the last 7 days funding on this pair cost −19.882%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ONEUSDT0.004269−0.0976get 0.0122% / 1h42m 42s$2.0M$35.1M20x
ShortKuCoin ONEUSDTM0.0044370.6672get 0.0834% / 1h42m 42s$4.3M$13.1M30x

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
$1,606.08
Price spread: +3.933% → +0.888%
$304.47
Slippage, 4 orders
−$775.44
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$1,111.11
Costs to cover
7.994%
Break-even
2.2 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 6 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, 1 min ago5.25 bp49.5 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago15.58 bp207.2 bp −$207doesn't fitdoesn't fitdoesn't fit

ONE on 10 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
OKX ONE-USDT-SWAP−3.1452%1h0.005271+23.462%$6.2M$273.3M10xas long as short
Variational Omni ONE−0.4569%1h0.004259−0.245%$104K$55Kas long as short
Aster ONEUSDT−0.1687%1h0.004230−0.926%$2.2M$5.7M5xas long as short
Gate ONE_USDT−0.1583%8h0.004205−1.501%$1.7M$15.4M20xas long as short
BloFin ONE-USDT−0.1082%1h0.004237−0.757%$814K$3.0M50xas long as short
Bitget ONEUSDTlong−0.0976%1h0.004269long leg$2.0M$35.1M20x
Binance ONEUSDT−0.0281%1h0.004237−0.742%$14.5M$354.0M50xas long as short
MEXC ONE_USDT−0.0264%1h0.004237−0.754%$11.5M$16.2M20xas long as short
BingX ONE-USDT−0.0016%1h0.004298+0.665%$6.4Mas long as short
KuCoin ONEUSDTMshort+0.6672%1h0.004437+3.933%$4.3M$13.1M30x