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

SATS

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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 −0.024%
Price spread now: Bitget against KuCoin+0.081%7-day average +0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,073as in the Price arb table
costs, in and out, $10k−$1,06710.667% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.332%−$33 on $10k
Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.081%, 7d avg +0.141%
Together, before fees−0.276%−$28 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 0.060% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.141%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin 10000SATSUSDTM0.000000012340.0100pay 0.0050% / 4h3h 57m$198K$88K10x
ShortBitget 1000SATSUSDT0.000000012350.0100get 0.0050% / 4h3h 57m$720K$243K25x

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: +0.081% → +0.141%
−$5.98
Slippage, 4 orders
−$1,042.75
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$1,072.73
Costs to cover
10.667%
Break-even
never at this rate
Slippage from KuCoin: live order book, 13 min ago; Bitget: live order book, 58 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, 13 min ago8.08 bp521.4 bp −$521doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 58 min ago8.13 bp22.2 bp −$22384.5 bp −$3,845doesn't fitdoesn't fit

SATS on 8 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 1000SATSUSDT+0.0100%4h0.000000012340.000%$2.2M$5.4M25xas long as short
Bybit 10000SATSUSDT+0.0100%4h0.00000001234+0.008%$287K$889K13xas long as short
Gate SATS_USDT+0.0100%4h0.00000001233−0.081%$361K$249K25xas long as short
KuCoin 10000SATSUSDTMlong+0.0100%4h0.00000001234long leg$198K$88K10x
Bitget 1000SATSUSDTshort+0.0100%4h0.00000001235+0.081%$720K$243K25x
MEXC SATS_USDT+0.0119%8h0.000000012340.000%$374K$182K100xas long as short
OKX SATS-USDT-SWAP+0.0119%8h0.00000001235+0.073%$821K$3.0M10xas long as short
BingX 10000SATS-USDT+0.0124%4h0.00000001235+0.081%$5.8Mas long as short