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−0.085%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$310as in the Price arb table
costs, in and out, $10k−$3013.009% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.115%+$11 · spread now −0.085%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.096% cheaper against Bitget than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WUSDT | 0.01179 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $1.3M | $541K | 50x |
| Short | KuCoin WUSDTM | 0.01178 | 0.0100 | get 0.0050% / 4h | 3h 12m | $380K | $200K | 50x |
Bitget WUSDT
KuCoin WUSDTMFunding 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: −0.085% → +0.011%
- −$9.59
- Slippage, 4 orders
- −$276.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$310.5
- Costs to cover
- 3.009%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 60 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 | 8.45 bp | 44.1 bp −$44 | 250.9 bp −$2,509 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 60 min ago | 8.42 bp | 102.7 bp −$103 | 229.5 bp −$2,295 | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | 0.0000% | 1h | 0.01181 | +0.153% | $15K | $3K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.545% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01180 | +0.085% | $2.0M | $318K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01180 | +0.059% | $2.9M | $5.7M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01178 | −0.076% | $4.1M | $1.7M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01179 | +0.017% | $1.3M | $1.7M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01178 | −0.068% | $434K | $257K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01180 | +0.076% | $12.7M | $1.3M | 50x | as long as short |
| KuCoin WUSDTMshort | +0.0100% | 4h | 0.01178 | −0.085% | $380K | $200K | 50x | |
| Bitget WUSDTlong | +0.0100% | 4h | 0.01179 | long leg | $1.3M | $541K | 50x |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01179 | +0.042% | — | $6.7M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01181 | +0.165% | $71K | $39K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01180 | +0.085% | $127K | $386K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01180 | +0.114% | $61K | $198K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0440% | 1h | 0.01180 | +0.110% | $14K | $13K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.1399% | 1h | 0.01182 | +0.271% | $44K | $42K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1770% | 1h | 0.01183 | +0.318% | $147K | $185K | 20x | as long as short |
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD