Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%
Price spread now: KuCoin against Bitget−0.336%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,914as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,931as in the Price arb table
costs, in and out, $10k−$1,90519.053% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)+0.286%+$29 · spread now −0.336%, 7d avg −0.078%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.258% cheaper against Bitget than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of −0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TOWNSUSDT | 0.002086 | 0.0100 | pay 0.0050% / 4h | 3h 57m | $341K | $38K | 5x |
| Short | KuCoin TOWNSUSDTM | 0.002079 | 0.0100 | get 0.0050% / 4h | 3h 57m | $248K | $31K | 10x |
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 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: −0.336% → −0.078%
- −$25.77
- Slippage, 4 orders
- −$1,881.26
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,931.03
- Costs to cover
- 19.053%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 53 min ago; KuCoin: live order book, 14 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, 53 min ago | 9.66 bp | 38.8 bp −$39 | 729.1 bp −$7,291 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 14 min ago | 26.42 bp | 733.2 bp −$733 | doesn't fit | doesn't fit | doesn't fit |
TOWNS on 12 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 TOWNSUSDT | +0.0100% | 4h | 0.002082 | −0.178% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002083 | −0.129% | $2.0M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002079 | −0.336% | $382K | $117K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002081 | −0.240% | $71K | $14K | 10x | as long as short |
| MEXC TOWNS_USDT | +0.0100% | 4h | 0.002082 | −0.192% | $398K | $120K | 100x | as long as short |
| KuCoin TOWNSUSDTMshort | +0.0100% | 4h | 0.002079 | −0.336% | $248K | $31K | 10x | |
| Bitget TOWNSUSDTlong | +0.0100% | 4h | 0.002086 | long leg | $341K | $38K | 5x | |
| BingX TOWNS-USDT | +0.0100% | 4h | 0.002085 | −0.048% | — | $2.3M | — | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002081 | −0.233% | $194 | $549 | — | as long as short |
| BloFin TOWNS-USDT | +0.0112% | 4h | 0.002083 | −0.144% | $132K | $4K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | +0.0328% | 1h | 0.002074 | −0.575% | $77K | $3K | 25x | as long as short |
| Deribit TOWNS_USDC-PERPETUAL | +0.3119% | 1h | 0.002085 | −0.048% | — | — | 25x | as long as short |
Bitget TOWNSUSDT
KuCoin TOWNSUSDTM
Aster TOWNSUSDT
Binance TOWNSUSDT
Bybit TOWNSUSDT
Gate TOWNS_USDT
MEXC TOWNS_USDT
BingX TOWNS-USDT
Variational Omni TOWNS
BloFin TOWNS-USDT
Coinbase International TOWNS-PERP-INTX
Deribit TOWNS_USDC-PERPETUAL