Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget+0.072%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$510as in the Funding arb table
Net, price: spread back to 7d avg − costs−$502as in the Price arb table
costs, in and out, $10k−$5105.102% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)+0.178%+$18 · spread now +0.072%, 7d avg −0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.085% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USUALUSDT | 0.01397 | 0.0100 | pay 0.0050% / 4h | 51m 55s | $829K | $378K | 50x |
| Short | KuCoin USUALUSDTM | 0.01398 | 0.0100 | get 0.0050% / 4h | 51m 55s | $275K | $55K | 20x |
Bitget USUALUSDT
KuCoin USUALUSDTMFunding 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: +0.072% → −0.014%
- $8.55
- Slippage, 4 orders
- −$486.23
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$501.69
- Costs to cover
- 5.102%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 29 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, 4 min ago | 3.58 bp | 26.8 bp −$27 | 218.9 bp −$2,189 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 29 min ago | 10.76 bp | 214.8 bp −$215 | doesn't fit | doesn't fit | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4543% | 1h | 0.01384 | −0.931% | $6K | $1K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0636% | 1h | 0.01397 | −0.017% | $112K | $20K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01398 | +0.072% | $401K | $173K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01396 | −0.079% | $2.3M | $3.2M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01398 | +0.100% | $1.1M | $753K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01399 | +0.143% | $946K | $105K | 50x | as long as short |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01397 | −0.029% | $6.1M | $229K | 100x | as long as short |
| KuCoin USUALUSDTMshort | +0.0100% | 4h | 0.01398 | +0.072% | $275K | $55K | 20x | |
| Bitget USUALUSDTlong | +0.0100% | 4h | 0.01397 | long leg | $829K | $378K | 50x | |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01397 | +0.036% | — | $1.2M | — | as long as short |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
MEXC USUAL_USDT
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01400 | +0.241% | $10K | $208 | — | as long as short |
Variational Omni USUAL