Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.34 per $10,000 · paid last 24h +0.085%
Price spread now: Bitget against KuCoin+0.424%7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,174as in the Price arb table
costs, in and out, $10k−$1,20312.034% of the position
Funding, last 7 days+0.215%+$21 on $10k
+Price spread, last 7 days−0.306%−$31 · spread now +0.424%, 7d avg +0.133%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.291% dearer against KuCoin than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of +0.133%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin USUSDTM | 0.01626 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $4.0M | $399K | 20x |
| Short | Bitget USUSDT | 0.01633 | 0.0168 | get 0.0084% / 4h | 1h 42m | $4.3M | $266K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- $14.28
- Price spread: +0.424% → +0.133%
- $29.09
- Slippage, 4 orders
- −$1,179.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,159.98
- Costs to cover
- 12.034%
- Break-even
- 575.6 days
Slippage from KuCoin: live order book, 5 min ago; Bitget: 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 KuCoin live order book, 5 min ago | 23.69 bp | 518.8 bp −$519 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 13.44 bp | 36.8 bp −$37 | 213.4 bp −$2,134 | doesn't fit | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01635 | +0.541% | $3.2M | $936K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01634 | +0.467% | $2.1M | $602K | 20x | as long as short |
| KuCoin USUSDTMlong | +0.0100% | 4h | 0.01626 | long leg | $4.0M | $399K | 20x | |
| Variational Omni US | +0.0100% | 4h | 0.01635 | +0.524% | $16K | $4K | — | as long as short |
| Bitget USUSDTshort | +0.0168% | 4h | 0.01633 | +0.424% | $4.3M | $266K | 10x | |
| Aster USUSDT | +0.0296% | 4h | 0.01634 | +0.501% | $12K | $54K | 5x | as long as short |
| BloFin US-USDT | +0.0410% | 4h | 0.01636 | +0.615% | $481K | $49K | 10x | as long as short |
| MEXC US_USDT | +0.0420% | 4h | 0.01634 | +0.480% | $5.5M | $113K | 100x | as long as short |
| Binance USUSDT | +0.0421% | 4h | 0.01634 | +0.480% | $9.1M | $3.3M | 10x | as long as short |
| Extended US-USD | +0.0424% | 1h | 0.01634 | +0.497% | $6K | $171K | 5x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX US-USDT | +0.0434% | 4h | 0.01634 | +0.510% | — | $1.3M | — | as long as short |
KuCoin USUSDTM
Bitget USUSDT
Bybit USUSDT
Gate US_USDT
Variational Omni US
Aster USUSDT
BloFin US-USDT
MEXC US_USDT
Binance USUSDT
Extended US-USD
BingX US-USDT