Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.376%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$925as in the Funding arb table
Net, price: spread back to 7d avg − costs−$962as in the Price arb table
costs, in and out, $10k−$9339.333% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)+0.410%+$41 · spread now −0.376%, 7d avg −0.086%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.289% cheaper against Bitget than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.086%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WALUSDT | 0.03461 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $560K | $901K | 20x |
| Short | KuCoin WALUSDTM | 0.03448 | 0.0100 | get 0.0050% / 4h | 3h 40m | $309K | $52K | 30x |
Bitget WALUSDT
KuCoin WALUSDTMFunding 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: −0.376% → −0.086%
- −$28.92
- Slippage, 4 orders
- −$909.3
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$962.22
- Costs to cover
- 9.333%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 56 min ago; KuCoin: live order book, 52 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, 56 min ago | 4.34 bp | 30.3 bp −$30 | 137.6 bp −$1,376 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 52 min ago | 15.99 bp | 288.3 bp −$288 | doesn't fit | doesn't fit | doesn't fit |
WAL on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit WALUSDT | −0.0410% | 4h | 0.03458 | −0.087% | $1.4M | $1.5M | 25x | as long as short |
| Binance WALUSDT | +0.0100% | 4h | 0.03458 | −0.087% | $2.3M | $6.2M | 75x | as long as short |
| OKX WAL-USDT-SWAP | +0.0100% | 4h | 0.03454 | −0.202% | $215K | $1.1M | 10x | as long as short |
| Gate WAL_USDT | +0.0100% | 4h | 0.03453 | −0.231% | $294K | $645K | 50x | as long as short |
| MEXC WAL_USDT | +0.0100% | 4h | 0.03458 | −0.087% | $575K | $260K | 20x | as long as short |
| KuCoin WALUSDTMshort | +0.0100% | 4h | 0.03448 | −0.376% | $309K | $52K | 30x | |
| Bitget WALUSDTlong | +0.0100% | 4h | 0.03461 | long leg | $560K | $901K | 20x | |
| BingX WAL-USDT | +0.0100% | 4h | 0.03457 | −0.116% | — | $6.6M | — | as long as short |
| Variational Omni WAL | +0.0100% | 4h | 0.03456 | −0.146% | $21K | $16K | — | as long as short |
| Bluefin WAL-PERP | +0.2070% | 1h | 0.03461 | 0.000% | $30K | $626K | 20x | as long as short |
Bybit WALUSDT
Binance WALUSDT
OKX WAL-USDT-SWAP
Gate WAL_USDT
MEXC WAL_USDT
BingX WAL-USDT
Variational Omni WAL
Bluefin WAL-PERP