Settings8H · net · $10k
Funding arb · Price arb /

W

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin0.000%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1871.872% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now 0.000%, 7d avg −0.012%
Together, before fees−0.031%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin WUSDTM0.011810.0100pay 0.0050% / 4h56m 53s$462K$217K50x
ShortBitget WUSDT0.011810.0100get 0.0050% / 4h56m 53s$1.3M$573K50x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: 0.000% → −0.012%
$1.19
Slippage, 4 orders
−$163.22
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$186.03
Costs to cover
1.872%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago12.72 bp69.1 bp −$69292.7 bp −$2,927doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago4.24 bp23.9 bp −$2473.3 bp −$733doesn't fitdoesn't fit

W on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX W-USDT-SWAP−0.0065%4h0.01180−0.085%$1.3M$2.0M20xas long as short
Deribit W_USDC-PERPETUAL0.0000%1h0.01180−0.068%$17K$1K10xas long as short
Injective W/USDC PERP+0.0033%1h0.01209+2.371%$1K$1K12xas long as short
Hyperliquid W+0.0100%1h0.01182+0.085%$2.0M$425K5xas long as short
Binance WUSDT+0.0100%4h0.01181+0.024%$3.0M$6.9M50xas long as short
Bybit WUSDT+0.0100%4h0.01179−0.152%$4.1M$1.9M50xas long as short
Gate W_USDT+0.0100%4h0.01178−0.229%$444K$290K75xas long as short
MEXC W_USDT+0.0100%4h0.01181+0.025%$12.8M$1.4M50xas long as short
KuCoin WUSDTMlong+0.0100%4h0.01181long leg$462K$217K50x
Bitget WUSDTshort+0.0100%4h0.011810.000%$1.3M$573K50x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX W-USDT+0.0100%4h0.01180−0.085%$6.9Mas long as short
Variational Omni W+0.0100%4h0.01176−0.424%$71K$42Kas long as short
GRVT W_USDT_Perp+0.0100%4h0.01179−0.192%$130K$385K10xas long as short
Extended W-USD+0.0104%1h0.01181+0.004%$59K$228K5xas long as short
Coinbase International W-PERP-INTX+0.0248%1h0.01181−0.025%$14K$17K50xas long as short
Kraken Futures PF_WUSD+0.0719%1h0.01183+0.172%$147K$181K20xas long as short
Backpack W_USDC_PERP+0.1091%1h0.01182+0.051%$44K$47K15xas long as short