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
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%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WUSDTM | 0.01181 | 0.0100 | pay 0.0050% / 4h | 56m 53s | $462K | $217K | 50x |
| Short | Bitget WUSDT | 0.01181 | 0.0100 | get 0.0050% / 4h | 56m 53s | $1.3M | $573K | 50x |
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 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: 0.000% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 6 min ago | 12.72 bp | 69.1 bp −$69 | 292.7 bp −$2,927 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.24 bp | 23.9 bp −$24 | 73.3 bp −$733 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX W-USDT-SWAP | −0.0065% | 4h | 0.01180 | −0.085% | $1.3M | $2.0M | 20x | as long as short |
| Deribit W_USDC-PERPETUAL | 0.0000% | 1h | 0.01180 | −0.068% | $17K | $1K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.371% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01182 | +0.085% | $2.0M | $425K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01181 | +0.024% | $3.0M | $6.9M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01179 | −0.152% | $4.1M | $1.9M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01178 | −0.229% | $444K | $290K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01181 | +0.025% | $12.8M | $1.4M | 50x | as long as short |
| KuCoin WUSDTMlong | +0.0100% | 4h | 0.01181 | long leg | $462K | $217K | 50x | |
| Bitget WUSDTshort | +0.0100% | 4h | 0.01181 | 0.000% | $1.3M | $573K | 50x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01180 | −0.085% | — | $6.9M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01176 | −0.424% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01179 | −0.192% | $130K | $385K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01181 | +0.004% | $59K | $228K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0248% | 1h | 0.01181 | −0.025% | $14K | $17K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.0719% | 1h | 0.01183 | +0.172% | $147K | $181K | 20x | as long as short |
| Backpack W_USDC_PERP | +0.1091% | 1h | 0.01182 | +0.051% | $44K | $47K | 15x | as long as short |
KuCoin WUSDTM
Bitget WUSDT
OKX W-USDT-SWAP
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
Gate W_USDT
MEXC W_USDT
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD
Backpack W_USDC_PERP