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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORDERUSDT | 0.04067 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $482K | $253K | 20x |
| Short | KuCoin ORDERUSDTM | 0.04063 | 0.0100 | get 0.0050% / 4h | 3h 31m | $224K | $82K | 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: −0.098% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 14 min ago | 9.84 bp | 51.7 bp −$52 | 278.7 bp −$2,787 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 39 min ago | 19.59 bp | 274.5 bp −$275 | doesn't fit | doesn't fit | doesn't fit |
ORDER on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ORDERUSDT | +0.0100% | 4h | 0.04069 | +0.048% | $1.4M | $1.9M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04060 | −0.172% | $1.3M | $730K | 20x | as long as short |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04066 | −0.025% | $169K | $298K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04067 | 0.000% | $76K | $46K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04070 | +0.074% | $275K | $100K | 20x | as long as short |
| KuCoin ORDERUSDTMshort | +0.0100% | 4h | 0.04063 | −0.098% | $224K | $82K | 30x | |
| Bitget ORDERUSDTlong | +0.0100% | 4h | 0.04067 | long leg | $482K | $253K | 20x | |
| BingX ORDER-USDT | +0.0100% | 4h | 0.04067 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.04060 | −0.177% | $11K | $2K | — | as long as short |
| BloFin ORDER-USDT | +0.0101% | 8h | 0.04064 | −0.074% | $65K | $7K | 16x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0618% | 4h | 0.04070 | +0.074% | $192K | $126K | 10x | as long as short |
Bitget ORDERUSDT
KuCoin ORDERUSDTM
Binance ORDERUSDT
Bybit ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
MEXC ORDER_USDT
BingX ORDER-USDT
Variational Omni ORDER
BloFin ORDER-USDT