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

THE

all THE markets
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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 −0.021%
Price spread now: KuCoin against Bitget−0.184%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,902as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,915as in the Price arb table
costs, in and out, $10k−$1,89918.994% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$2 on $10k
Price spread, last 4 days (all we have)+0.244%+$24 · spread now −0.184%, 7d avg −0.026%
Together, before fees+0.220%+$22 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: KuCoin is 0.158% cheaper against Bitget than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget THEUSDT0.081480.0100pay 0.0050% / 4h2h 38m$403K$379K10x
ShortKuCoin THEUSDTM0.081330.0100get 0.0050% / 4h2h 38m$110K$110K10x

Funding 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 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: −0.184% → −0.026%
−$15.8
Slippage, 4 orders
−$1,875.36
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,915.16
Costs to cover
18.994%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 11 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 Bitget live order book, 2 min ago12.28 bp55.7 bp −$56617.4 bp −$6,174doesn't fitdoesn't fit
Sell KuCoin live order book, 11 min ago12.15 bp920.2 bp −$920doesn't fitdoesn't fitdoesn't fit

THE on 9 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
Gate THE_USDT+0.0100%4h0.08140−0.098%$66K$75K10xas long as short
KuCoin THEUSDTMshort+0.0100%4h0.08133−0.184%$110K$110K10x
Bitget THEUSDTlong+0.0100%4h0.08148long leg$403K$379K10x
Aster THEUSDT+0.0169%4h0.08150+0.020%$5K$12K5xas long as short
Binance THEUSDT+0.0246%4h0.08152+0.049%$2.2M$4.8M10xas long as short
MEXC THE_USDT+0.0250%4h0.08151+0.037%$199K$149K50xas long as short
BloFin THE-USDT+0.0281%4h0.08146−0.025%$140K$5K50xas long as short
Bybit THEUSDT+0.0794%4h0.08137−0.135%$544K$462K20xas long as short
BingX THE-USDT+0.0930%4h0.08147−0.012%$6.5Mas long as short