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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget OPENUSDT | 0.1441 | 0.0100 | pay 0.0050% / 4h | 52m 33s | $2.2M | $181K | 20x |
| Short | KuCoin OPENUSDTM | 0.1444 | 0.0100 | get 0.0050% / 4h | 52m 33s | $2.4M | $46K | 30x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 5 min ago | 3.46 bp | 32.0 bp −$32 | 318.0 bp −$3,180 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 15.21 bp | 430.6 bp −$431 | doesn't fit | doesn't fit | doesn't fit |
OPEN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPEN-USDT | +0.0081% | 4h | 0.1444 | +0.208% | $677K | $12K | 75x | as long as short |
| Aster OPENUSDT | +0.0100% | 4h | 0.1442 | +0.101% | $252K | $4K | 5x | as long as short |
| Binance OPENUSDT | +0.0100% | 4h | 0.1439 | −0.139% | $7.1M | $2.5M | 75x | as long as short |
| Gate OPEN_USDT | +0.0100% | 8h | 0.1443 | +0.139% | $827K | $196K | 75x | as long as short |
| KuCoin OPENUSDTMshort | +0.0100% | 4h | 0.1444 | +0.187% | $2.4M | $46K | 30x | |
| Bitget OPENUSDTlong | +0.0100% | 4h | 0.1441 | long leg | $2.2M | $181K | 20x | |
| Extended OPEN-USD | +0.0104% | 1h | 0.1439 | −0.166% | $6K | $113K | 5x | as long as short |
| Bybit OPENUSDT | +0.0934% | 4h | 0.1442 | +0.056% | $1.5M | $691K | 25x | as long as short |
| Kraken Futures PF_OPENUSD | +0.0976% | 1h | 0.1442 | +0.080% | $14K | $55K | 10x | as long as short |
Bitget OPENUSDT
KuCoin OPENUSDTM
BloFin OPEN-USDT
Aster OPENUSDT
Binance OPENUSDT
Gate OPEN_USDT
Extended OPEN-USD
Bybit OPENUSDT
Kraken Futures PF_OPENUSD