Funding you earn now, next payment 04:00 UTC+0.0766%/8h= +83.9% APRnext payment +$3.83 per $10,000 · paid last 24h +0.072%
Price spread now: KuCoin against Bitget+0.215%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$603as in the Funding arb table
Net, price: spread back to 7d avg − costs−$595as in the Price arb table
costs, in and out, $10k−$6126.117% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 4 days (all we have)−0.240%−$24 · spread now +0.215%, 7d avg +0.045%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and KuCoin is 0.170% dearer against Bitget than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.045%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.092% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.83 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 | Bitget STOUSDT | 0.04178 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $321K | $27K | 10x |
| Short | KuCoin STOUSDTM | 0.04187 | 0.0866 | get 0.0433% / 4h | 1h 38m | $995K | $17K | 25x |
Bitget STOUSDT
KuCoin STOUSDTMFunding 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
- $160.86
- Price spread: +0.215% → +0.045%
- $17.01
- Slippage, 4 orders
- −$587.72
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$433.85
- Costs to cover
- 6.117%
- Break-even
- 25.9 days
Slippage from Bitget: live order book, 16 min ago; KuCoin: live order book, 6 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, 16 min ago | 4.77 bp | 51.7 bp −$52 | 628.0 bp −$6,280 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 17.88 bp | 244.3 bp −$244 | doesn't fit | doesn't fit | doesn't fit |
STO on 9 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 STOUSDT | +0.0100% | 4h | 0.04179 | +0.016% | $26K | $1K | 5x | as long as short |
| Binance STOUSDT | +0.0100% | 4h | 0.04173 | −0.119% | $3.4M | $1.4M | 20x | as long as short |
| Gate STO_USDT | +0.0100% | 4h | 0.04177 | −0.024% | $252K | $116K | 25x | as long as short |
| MEXC STO_USDT | +0.0100% | 4h | 0.04174 | −0.096% | $786K | $96K | 50x | as long as short |
| Bitget STOUSDTlong | +0.0100% | 4h | 0.04178 | long leg | $321K | $27K | 10x | |
| Bybit STOUSDT | +0.0527% | 4h | 0.04179 | +0.024% | $717K | $269K | 13x | as long as short |
| Variational Omni STO | +0.0541% | 4h | 0.04185 | +0.160% | $4K | $213 | — | as long as short |
| BingX STO-USDT | +0.0572% | 4h | 0.04178 | 0.000% | — | $6.5M | — | as long as short |
| KuCoin STOUSDTMshort | +0.0866% | 4h | 0.04187 | +0.215% | $995K | $17K | 25x |
Aster STOUSDT
Binance STOUSDT
Gate STO_USDT
MEXC STO_USDT
Bybit STOUSDT
Variational Omni STO
BingX STO-USDT