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

OPEN

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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: KuCoin against Bitget+0.187%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$973as in the Funding arb table
Net, price: spread back to 7d avg − costs−$949as in the Price arb table
costs, in and out, $10k−$9729.719% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 7 days−0.079%−$8 · spread now +0.187%, 7d avg −0.040%
Together, before fees−0.092%−$9 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: KuCoin is 0.227% dearer against Bitget than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget OPENUSDT0.14410.0100pay 0.0050% / 4h52m 33s$2.2M$181K20x
ShortKuCoin OPENUSDTM0.14440.0100get 0.0050% / 4h52m 33s$2.4M$46K30x

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
$0
Price spread: +0.187% → −0.040%
$22.73
Slippage, 4 orders
−$947.93
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$949.2
Costs to cover
9.719%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: 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 Bitget live order book, 5 min ago3.46 bp32.0 bp −$32318.0 bp −$3,180doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago15.21 bp430.6 bp −$431doesn't fitdoesn't fitdoesn't fit

OPEN on 9 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
BloFin OPEN-USDT+0.0081%4h0.1444+0.208%$677K$12K75xas long as short
Aster OPENUSDT+0.0100%4h0.1442+0.101%$252K$4K5xas long as short
Binance OPENUSDT+0.0100%4h0.1439−0.139%$7.1M$2.5M75xas long as short
Gate OPEN_USDT+0.0100%8h0.1443+0.139%$827K$196K75xas long as short
KuCoin OPENUSDTMshort+0.0100%4h0.1444+0.187%$2.4M$46K30x
Bitget OPENUSDTlong+0.0100%4h0.1441long leg$2.2M$181K20x
Extended OPEN-USD+0.0104%1h0.1439−0.166%$6K$113K5xas long as short
Bybit OPENUSDT+0.0934%4h0.1442+0.056%$1.5M$691K25xas long as short
Kraken Futures PF_OPENUSD+0.0976%1h0.1442+0.080%$14K$55K10xas long as short