Funding you earn now, next payment 04:00 UTC−0.0118%/8h= −12.9% APRnext payment −$0.59 per $10,000 · paid last 24h −0.006%
Price spread now: KuCoin against Bitget+0.154%7-day average +0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs−$275as in the Funding arb table
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$2622.623% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.154%, 7d avg +0.157%
=The price spread sits at its 7-day average of +0.157%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TUSDT | 0.005184 | −0.0302 | get 0.0151% / 4h | 2h 05m | $887K | $514K | 50x |
| Short | KuCoin TUSDTM | 0.005192 | −0.0420 | pay 0.0210% / 4h | 2h 05m | $1.4M | $76K | 12x |
Bitget TUSDT
KuCoin TUSDTMFunding 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
- −$24.78
- Price spread: +0.154% → +0.157%
- −$0.26
- Slippage, 4 orders
- −$238.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$287.31
- Costs to cover
- 2.623%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 60 min ago; KuCoin: live order book, 5 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, 60 min ago | 4.84 bp | 30.3 bp −$30 | 147.0 bp −$1,470 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 9.64 bp | 98.3 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
T on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSD | −0.2899% | 1h | 0.005187 | +0.050% | $2K | $2K | 10x | as long as short |
| Gate T_USDT | −0.0578% | 4h | 0.005191 | +0.135% | $214K | $86K | 20x | as long as short |
| Variational Omni T | −0.0470% | 4h | 0.005187 | +0.050% | $8K | $9K | — | as long as short |
| KuCoin TUSDTMshort | −0.0420% | 4h | 0.005192 | +0.154% | $1.4M | $76K | 12x | |
| Bybit TUSDT | −0.0343% | 4h | 0.005190 | +0.116% | $1.6M | $1.5M | 25x | as long as short |
| Binance TUSDT | −0.0322% | 4h | 0.005192 | +0.154% | $3.3M | $7.5M | 50x | as long as short |
| MEXC T_USDT | −0.0322% | 4h | 0.005191 | +0.135% | $3.2M | $230K | 20x | as long as short |
| Bitget TUSDTlong | −0.0302% | 4h | 0.005184 | long leg | $887K | $514K | 50x |
Kraken Futures PF_TUSD
Gate T_USDT
Variational Omni T
Bybit TUSDT
Binance TUSDT
MEXC T_USDT