Funding you earn now, next payment 08:00 UTC+0.0754%/8h= +82.6% APRnext payment +$3.77 per $10,000 · paid last 24h +0.150%
Price spread now: Bitget against KuCoin+0.185%7-day average +0.048% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.216%+$22 on $10k
+Price spread, last 4 days (all we have)−0.185%−$18 · spread now +0.185%, 7d avg +0.048%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Bitget is 0.137% dearer against KuCoin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.048%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.216% in total (about 11.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.77 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SHELLUSDTM | 0.02707 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $345K | $34K | 10x |
| Short | Bitget SHELLUSDT | 0.02712 | 0.0854 | get 0.0427% / 4h | 2h 32m | $566K | $230K | 10x |
KuCoin SHELLUSDTM
Bitget SHELLUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $158.34
- Price spread: +0.185% → +0.048%
- $13.69
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $148.03
- Costs to cover
- 0.240%
- Break-even
- 0.5 days
Slippage unknown: KuCoin: live order book, 25 min ago; Bitget: live order book, 12 min ago. Net counts fees only.
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 KuCoin live order book, 25 min ago | 14.60 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 12 min ago | 3.63 bp | 83.8 bp −$84 | 351.1 bp −$3,511 | doesn't fit | doesn't fit |
SHELL on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SHELLUSDT | +0.0100% | 4h | 0.02707 | −0.008% | $1K | $10K | 5x | as long as short |
| Binance SHELLUSDT | +0.0100% | 4h | 0.02706 | −0.043% | $2.1M | $2.9M | 10x | as long as short |
| OKX SHELL-USDT-SWAP | +0.0100% | 4h | 0.02706 | −0.037% | $175K | $466K | 10x | as long as short |
| Gate SHELL_USDT | +0.0100% | 4h | 0.02718 | +0.406% | $414K | $207K | 10x | as long as short |
| MEXC SHELL_USDT | +0.0100% | 4h | 0.02705 | −0.074% | $280K | $143K | 50x | as long as short |
| KuCoin SHELLUSDTMlong | +0.0100% | 4h | 0.02707 | long leg | $345K | $34K | 10x | |
| Variational Omni SHELL | +0.0100% | 4h | 0.02721 | +0.520% | $1K | $1K | — | as long as short |
| Bybit SHELLUSDT | +0.0197% | 4h | 0.02701 | −0.222% | $511K | $217K | 13x | as long as short |
| BingX SHELL-USDT | +0.0802% | 4h | 0.02706 | −0.037% | — | $6.5M | — | as long as short |
| Bitget SHELLUSDTshort | +0.0854% | 4h | 0.02712 | +0.185% | $566K | $230K | 10x |
Aster SHELLUSDT
Binance SHELLUSDT
OKX SHELL-USDT-SWAP
Gate SHELL_USDT
MEXC SHELL_USDT
Variational Omni SHELL
Bybit SHELLUSDT
BingX SHELL-USDT