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+0.057%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$520as in the Funding arb table
Net, price: spread back to 7d avg − costs−$531as in the Price arb table
costs, in and out, $10k−$5295.290% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)+0.243%+$24 · spread now +0.057%, 7d avg +0.072%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget OPNUSDT | 0.05258 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $607K | $187K | 20x |
| Short | KuCoin OPNUSDTM | 0.05261 | 0.0100 | get 0.0050% / 4h | 1h 14m | $145K | $68K | 25x |
Bitget OPNUSDT
KuCoin OPNUSDTMFunding 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: +0.057% → +0.072%
- −$1.49
- Slippage, 4 orders
- −$505.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$530.51
- Costs to cover
- 5.290%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 46 min ago; KuCoin: live order book, 74 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, 46 min ago | 5.78 bp | 37.1 bp −$37 | 158.2 bp −$1,582 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 74 min ago | 12.55 bp | 254.5 bp −$254 | doesn't fit | doesn't fit | doesn't fit |
OPN on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_OPNUSD | −1.1573% | 1h | 0.05254 | −0.080% | $2K | $4K | 20x | as long as short |
| Bybit OPNUSDT | +0.0100% | 4h | 0.05258 | 0.000% | $736K | $2.9M | 20x | as long as short |
| KuCoin OPNUSDTMshort | +0.0100% | 4h | 0.05261 | +0.057% | $145K | $68K | 25x | |
| Bitget OPNUSDTlong | +0.0100% | 4h | 0.05258 | long leg | $607K | $187K | 20x | |
| Orderly PERP_OPN_USDC_mythos | +0.0100% | 4h | 0.05270 | +0.228% | $3K | $5K | 10x | as long as short |
| SunX OPN-USDT | +0.0100% | 4h | 0.05370 | +2.130% | $2K | $1.4M | 20x | as long as short |
| Deribit OPN_USDC-PERPETUAL | +0.0263% | 1h | 0.05266 | +0.162% | — | — | 10x | as long as short |
| OKX OPN-USDT-SWAP | +0.0282% | 4h | 0.05257 | −0.019% | $813K | $3.1M | 20x | as long as short |
| BloFin OPN-USDT | +0.0288% | 4h | 0.05263 | +0.095% | $185K | $4K | 50x | as long as short |
| BingX OPN-USDT | +0.0314% | 4h | 0.05257 | −0.019% | — | $1.6M | — | as long as short |
Kraken Futures PF_OPNUSD
Bybit OPNUSDT
Orderly PERP_OPN_USDC_mythos
SunX OPN-USDT
Deribit OPN_USDC-PERPETUAL
OKX OPN-USDT-SWAP
BloFin OPN-USDT
BingX OPN-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance OPNUSDT | +0.0325% | 4h | 0.05259 | +0.011% | $3.6M | $5.9M | 25x | as long as short |
| MEXC OPN_USDT | +0.0328% | 4h | 0.05259 | +0.019% | $836K | $340K | 50x | as long as short |
| Aster OPNUSDT | +0.0426% | 4h | 0.05261 | +0.056% | $8K | $14K | 5x | as long as short |
| Coinbase International OPN-PERP-INTX | +0.1520% | 1h | 0.05278 | +0.386% | $14K | $5K | 50x | as long as short |
| Gate OPN_USDT | +0.1894% | 4h | 0.05265 | +0.133% | $208K | $165K | 50x | as long as short |
Binance OPNUSDT
MEXC OPN_USDT
Aster OPNUSDT
Coinbase International OPN-PERP-INTX
Gate OPN_USDT