Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.015%
Price spread now: Bitget against KuCoin+0.020%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$400.399% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.020%, 7d avg +0.022%
=The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin USDCUSDTM | 0.9994 | −0.0141 | get 0.0141% / 8h | 4h 03m | $2.5M | $20K | 30x |
| Short | Bitget USDCUSDT | 0.9996 | −0.0131 | pay 0.0131% / 8h | 4h 03m | $4.3M | $16K | 50x |
KuCoin USDCUSDTM
Bitget USDCUSDTFunding 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
- $2.1
- Price spread: +0.020% → +0.022%
- −$0.25
- Slippage, 4 orders
- −$15.86
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$38.01
- Costs to cover
- 0.399%
- Break-even
- 133.7 days
Slippage from KuCoin: live order book, 4 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, 4 min ago | 4.50 bp | 10.5 bp −$11 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.00 bp | 8.0 bp −$8 | 8.1 bp −$81 | doesn't fit | doesn't fit |
USDC 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance USDCUSDT | −0.0144% | 8h | 0.9996 | +0.017% | $4.7M | $4.5M | 50x | as long as short |
| MEXC USDC_USDT | −0.0144% | 8h | 0.9996 | +0.018% | $20.8M | $744K | 200x | as long as short |
| KuCoin USDCUSDTMlong | −0.0141% | 8h | 0.9994 | long leg | $2.5M | $20K | 30x | |
| Bitget USDCUSDTshort | −0.0131% | 8h | 0.9996 | +0.020% | $4.3M | $16K | 50x | |
| Kraken Futures PF_USDCUSD | −0.0097% | 1h | 0.9998 | +0.035% | $14K | $924 | 50x | as long as short |
| Bybit USDCUSDT | 0.0000% | 8h | 1.0001 | +0.070% | $9.5M | $347K | 50x | as long as short |
| OKX USDC-USDT-SWAP | 0.0000% | 8h | 1.0000 | +0.059% | $1.1M | $42K | 50x | as long as short |
| Gate USDC_USDT | +0.0049% | 8h | 0.9992 | −0.020% | $253K | $40K | 50x | as long as short |
Binance USDCUSDT
MEXC USDC_USDT
Kraken Futures PF_USDCUSD
Bybit USDCUSDT
OKX USDC-USDT-SWAP
Gate USDC_USDT