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

Q

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Alert: funding
Alert: spread
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−0.082%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,655as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,663as in the Price arb table
costs, in and out, $10k−$1,65516.554% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.082%, 7d avg −0.001%
Together, before fees+0.103%+$10 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 0.081% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget QUSDT0.025700.0100pay 0.0050% / 4h27m 19s$2.3M$134K20x
ShortKuCoin QUSDTM0.025680.0100get 0.0050% / 4h27m 19s$681K$19K20x

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: −0.082% → −0.001%
−$8.07
Slippage, 4 orders
−$1,631.36
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,663.43
Costs to cover
16.554%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 57 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, 5 min ago8.73 bp26.2 bp −$26375.7 bp −$3,757doesn't fitdoesn't fit
Sell KuCoin live order book, 57 min ago17.12 bp462.5 bp −$462doesn't fitdoesn't fitdoesn't fit

Q 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
Gate Q_USDT+0.0100%4h0.02572+0.082%$1.2M$289K10xas long as short
KuCoin QUSDTMshort+0.0100%4h0.02568−0.082%$681K$19K20x
Bitget QUSDTlong+0.0100%4h0.02570long leg$2.3M$134K20x
BloFin Q-USDT+0.0533%4h0.02578+0.327%$386K$72K40xas long as short
Extended Q-USD+0.0584%1h0.02577+0.288%$8K$160K5xas long as short
Binance QUSDT+0.0585%4h0.02579+0.374%$7.1M$1.3M20xas long as short
MEXC Q_USDT+0.0586%4h0.02577+0.292%$123K$88K50xas long as short
Aster QUSDT+0.0729%4h0.02569−0.035%$59K$47K5xas long as short
BingX Q-USDT+0.0908%4h0.02580+0.412%$1.3Mas long as short
Variational Omni Q+0.0908%4h0.02575+0.189%$620$2Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit QUSDT+0.0998%4h0.02575+0.206%$1.6M$385K13xas long as short