Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.306%7-day average −0.198% · you buy dearer than you sell
Net, funding: paid 7d − costs−$424as in the Funding arb table
Net, price: spread back to 7d avg − costs−$434as in the Price arb table
costs, in and out, $10k−$4234.233% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.187%+$19 · spread now −0.306%, 7d avg −0.198%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.108% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.198%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USTCUSDT | 0.005846 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $214K | $108K | 50x |
| Short | KuCoin USTCUSDTM | 0.005828 | 0.0100 | get 0.0050% / 4h | 3h 12m | $506K | $64K | 30x |
Bitget USTCUSDT
KuCoin USTCUSDTMFunding 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: −0.306% → −0.198%
- −$10.81
- Slippage, 4 orders
- −$399.34
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$434.15
- Costs to cover
- 4.233%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 32 min ago; KuCoin: live order book, 61 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, 32 min ago | 6.81 bp | 28.9 bp −$29 | 178.6 bp −$1,786 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 61 min ago | 12.76 bp | 168.9 bp −$169 | 507.4 bp −$5,074 | doesn't fit | doesn't fit |
USTC on 7 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 USTCUSDT | +0.0100% | 4h | 0.005842 | −0.076% | $1.2M | $2.2M | 50x | as long as short |
| Bybit USTCUSDT | +0.0100% | 4h | 0.005844 | −0.034% | $375K | $239K | 20x | as long as short |
| Gate USTC_USDT | +0.0100% | 4h | 0.005841 | −0.086% | $69K | $64K | 25x | as long as short |
| MEXC USTC_USDT | +0.0100% | 4h | 0.005843 | −0.051% | $581K | $160K | 100x | as long as short |
| KuCoin USTCUSDTMshort | +0.0100% | 4h | 0.005828 | −0.306% | $506K | $64K | 30x | |
| Bitget USTCUSDTlong | +0.0100% | 4h | 0.005846 | long leg | $214K | $108K | 50x | |
| Variational Omni USTC | +0.0100% | 4h | 0.005846 | 0.000% | $3K | $2K | — | as long as short |
Binance USTCUSDT
Bybit USTCUSDT
Gate USTC_USDT
MEXC USTC_USDT
Variational Omni USTC