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

ORDER

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against Bitget−0.098%7-day average +0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$657as in the Funding arb table
Net, price: spread back to 7d avg − costs−$690as in the Price arb table
costs, in and out, $10k−$6716.708% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.142%+$14 on $10k
Price spread, last 4 days (all we have)+0.205%+$21 · spread now −0.098%, 7d avg +0.093%
Together, before fees+0.347%+$35 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 0.192% cheaper against Bitget than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ORDERUSDT0.040670.0100pay 0.0050% / 4h3h 31m$482K$253K20x
ShortKuCoin ORDERUSDTM0.040630.0100get 0.0050% / 4h3h 31m$224K$82K30x

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: −0.098% → +0.093%
−$19.17
Slippage, 4 orders
−$646.78
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$689.95
Costs to cover
6.708%
Break-even
never at this rate
Slippage from Bitget: live order book, 14 min ago; KuCoin: live order book, 39 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, 14 min ago9.84 bp51.7 bp −$52278.7 bp −$2,787doesn't fitdoesn't fit
Sell KuCoin live order book, 39 min ago19.59 bp274.5 bp −$275doesn't fitdoesn't fitdoesn't fit

ORDER on 11 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
Binance ORDERUSDT+0.0100%4h0.04069+0.048%$1.4M$1.9M50xas long as short
Bybit ORDERUSDT+0.0100%8h0.04060−0.172%$1.3M$730K20xas long as short
OKX ORDER-USDT-SWAP+0.0100%4h0.04066−0.025%$169K$298K20xas long as short
Gate ORDER_USDT+0.0100%4h0.040670.000%$76K$46K20xas long as short
MEXC ORDER_USDT+0.0100%4h0.04070+0.074%$275K$100K20xas long as short
KuCoin ORDERUSDTMshort+0.0100%4h0.04063−0.098%$224K$82K30x
Bitget ORDERUSDTlong+0.0100%4h0.04067long leg$482K$253K20x
BingX ORDER-USDT+0.0100%4h0.040670.000%$1.3Mas long as short
Variational Omni ORDER+0.0100%8h0.04060−0.177%$11K$2Kas long as short
BloFin ORDER-USDT+0.0101%8h0.04064−0.074%$65K$7K16xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ORDER_USDC+0.0618%4h0.04070+0.074%$192K$126K10xas long as short