Funding you earn now, next payment 04:00 UTC−0.0112%/8h= −12.3% APRnext payment −$0.56 per $10,000 · paid last 24h −0.010%
Price spread now: KuCoin against Bitget−0.088%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,274as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,301as in the Price arb table
costs, in and out, $10k−$1,29212.922% of the position
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 7 days+0.138%+$14 · spread now −0.088%, 7d avg +0.002%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.089% cheaper against Bitget than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.002%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.186%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PROSUSDT | 0.5706 | 0.0100 | pay 0.0050% / 4h | 3h 16m | $1.2M | $439K | 20x |
| Short | KuCoin PROSUSDTM | 0.5701 | −0.0012 | pay 0.0006% / 4h | 3h 16m | $1.0M | $593K | 20x |
Bitget PROSUSDT
KuCoin PROSUSDTMFunding 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
- −$23.52
- Price spread: −0.088% → +0.002%
- −$8.92
- Slippage, 4 orders
- −$1,268.22
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,324.66
- Costs to cover
- 12.922%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 3 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 | 11.36 bp | 39.3 bp −$39 | 301.0 bp −$3,010 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 10.50 bp | 736.4 bp −$736 | doesn't fit | doesn't fit | doesn't fit |
PROS on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PROSUSDTMshort | −0.0012% | 4h | 0.5701 | −0.088% | $1.0M | $593K | 20x | |
| OKX PROS-USDT-SWAP | +0.0100% | 4h | 0.5694 | −0.210% | $874K | $1.4M | 20x | as long as short |
| Gate PROS_USDT | +0.0100% | 4h | 0.5704 | −0.035% | $358K | $140K | 20x | as long as short |
| Bitget PROSUSDTlong | +0.0100% | 4h | 0.5706 | long leg | $1.2M | $439K | 20x | |
| Aster PROSUSDT | +0.0819% | 4h | 0.5715 | +0.158% | $29K | $15K | 5x | as long as short |
OKX PROS-USDT-SWAP
Gate PROS_USDT
Aster PROSUSDT