Funding you earn now, next payment 09:00 UTC+0.0696%/8h= +76.2% APRnext payment +$0.87 per $10,000 · paid last 24h +2.395%
Price spread now: Bitget against KuCoin−2.709%7-day average −1.055% · you buy dearer than you sell
Net, funding: paid 7d − costs+$1,329as in the Funding arb table
Net, price: spread back to 7d avg − costs−$847as in the Price arb table
costs, in and out, $10k−$6816.812% of the position
Funding, last 7 days+20.103%+$2,010 on $10k
+Price spread, last 7 days+4.691%+$469 · spread now −2.709%, 7d avg −1.055%
=Funding pays, the price is against you. Bitget is 1.653% cheaper against KuCoin than usual: you would sell low and buy high (spread −2.709% now, against its 7-day average of −1.055%). If the spread goes back, that is −$165 on $10k: about 7.9 days of funding at the current rate (+$21 a day). At the pace of the last 7 days (+20.103% in total) that is about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ONEUSDTM | 0.003869 | −0.0728 | get 0.0091% / 1h | 39m 45s | $3.6M | $11.2M | 30x |
| Short | Bitget ONEUSDT | 0.003764 | −0.0032 | pay 0.0004% / 1h | 39m 45s | $1.8M | $27.1M | 20x |
KuCoin ONEUSDTM
Bitget ONEUSDTFunding 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
- $146.16
- Price spread: −2.709% → −1.055%
- −$165.35
- Slippage, 4 orders
- −$657.24
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$700.43
- Costs to cover
- 6.812%
- Break-even
- 40.5 days
Slippage from KuCoin: live order book, 9 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 9 min ago | 6.50 bp | 402.6 bp −$403 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 8.00 bp | 37.3 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
ONE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −5.7423% | 1h | 0.005621 | +45.291% | $7.1M | $228.1M | 10x | as long as short |
| BloFin ONE-USDT | −0.0860% | 1h | 0.003721 | −3.836% | $803K | $1.8M | 50x | as long as short |
| KuCoin ONEUSDTMlong | −0.0728% | 1h | 0.003869 | long leg | $3.6M | $11.2M | 30x | |
| Bitget ONEUSDTshort | −0.0032% | 1h | 0.003764 | −2.709% | $1.8M | $27.1M | 20x | |
| MEXC ONE_USDT | +0.0096% | 1h | 0.003724 | −3.750% | $11.4M | $13.7M | 20x | as long as short |
| Aster ONEUSDT | +0.0100% | 1h | 0.003718 | −3.910% | $2.0M | $4.8M | 5x | as long as short |
| Binance ONEUSDT | +0.0100% | 1h | 0.003721 | −3.837% | $13.1M | $301.8M | 50x | as long as short |
| Gate ONE_USDT | +0.0100% | 8h | 0.003717 | −3.929% | $1.6M | $13.1M | 20x | as long as short |
| Variational Omni ONE | +0.0100% | 1h | 0.003718 | −3.902% | $91K | $30K | — | as long as short |
| BingX ONE-USDT | +0.0104% | 1h | 0.003720 | −3.843% | — | $5.1M | — | as long as short |
OKX ONE-USDT-SWAP
BloFin ONE-USDT
MEXC ONE_USDT
Aster ONEUSDT
Binance ONEUSDT
Gate ONE_USDT
Variational Omni ONE
BingX ONE-USDT