Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget0.000%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$870as in the Funding arb table
Net, price: spread back to 7d avg − costs−$863as in the Price arb table
costs, in and out, $10k−$8708.696% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now 0.000%, 7d avg −0.062%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.062% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SPELLUSDT | 0.00009190 | 0.0100 | pay 0.0100% / 8h | 6h 07m | $611K | $40K | 25x |
| Short | KuCoin SPELLUSDTM | 0.00009190 | 0.0100 | get 0.0100% / 8h | 6h 07m | $192K | $26K | 30x |
Bitget SPELLUSDT
KuCoin SPELLUSDTMFunding 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
- $0
- Price spread: 0.000% → −0.062%
- $6.16
- Slippage, 4 orders
- −$845.61
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$863.45
- Costs to cover
- 8.696%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 58 min ago; KuCoin: live order book, 28 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, 58 min ago | 10.83 bp | 41.8 bp −$42 | 337.4 bp −$3,374 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 28 min ago | 38.06 bp | 443.1 bp −$443 | doesn't fit | doesn't fit | doesn't fit |
SPELL on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SPELLUSDT | +0.0100% | 8h | 0.00009195 | +0.054% | $1.5M | $1.6M | 50x | as long as short |
| Gate SPELL_USDT | +0.0100% | 8h | 0.00009180 | −0.109% | $51K | $24K | 20x | as long as short |
| MEXC SPELL_USDT | +0.0100% | 8h | 0.00009190 | 0.000% | $416K | $132K | 20x | as long as short |
| KuCoin SPELLUSDTMshort | +0.0100% | 8h | 0.00009190 | 0.000% | $192K | $26K | 30x | |
| Bitget SPELLUSDTlong | +0.0100% | 8h | 0.00009190 | long leg | $611K | $40K | 25x | |
| Variational Omni SPELL | +0.0100% | 8h | 0.00009203 | +0.146% | $112 | $2K | — | as long as short |
| Kraken Futures PF_SPELLUSD | +0.1181% | 1h | 0.00009199 | +0.095% | $15K | $2K | 10x | as long as short |
Binance SPELLUSDT
Gate SPELL_USDT
MEXC SPELL_USDT
Variational Omni SPELL
Kraken Futures PF_SPELLUSD