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: Bitget against KuCoin+0.049%7-day average −0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$685as in the Funding arb table
Net, price: spread back to 7d avg − costs−$657as 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)−0.156%−$16 · spread now +0.049%, 7d avg −0.093%
Together, before fees−0.298%−$30 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: Bitget is 0.143% dearer against KuCoin than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ORDERUSDTM0.040650.0100pay 0.0050% / 4h3h 31m$224K$82K30x
ShortBitget ORDERUSDT0.040670.0100get 0.0050% / 4h3h 31m$482K$253K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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: +0.049% → −0.093%
$14.26
Slippage, 4 orders
−$646.78
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$656.52
Costs to cover
6.708%
Break-even
never at this rate
Slippage from KuCoin: live order book, 39 min ago; Bitget: live order book, 14 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 KuCoin live order book, 39 min ago19.59 bp308.5 bp −$309doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 14 min ago9.84 bp36.1 bp −$36223.7 bp −$2,237doesn'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%4h0.04070+0.127%$1.4M$1.9M50xas long as short
Bybit ORDERUSDT+0.0100%8h0.04059−0.148%$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%4h0.04068+0.074%$76K$46K20xas long as short
MEXC ORDER_USDT+0.0100%4h0.04067+0.049%$275K$100K20xas long as short
KuCoin ORDERUSDTMlong+0.0100%4h0.04065long leg$224K$82K30x
Bitget ORDERUSDTshort+0.0100%4h0.04067+0.049%$482K$253K20x
BingX ORDER-USDT+0.0100%4h0.04066+0.025%$1.3Mas long as short
Variational Omni ORDER+0.0100%8h0.04060−0.128%$11K$2Kas long as short
BloFin ORDER-USDT+0.0101%8h0.04064−0.025%$65K$7K16xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ORDER_USDC+0.0618%4h0.04070+0.123%$192K$126K10xas long as short