Funding you earn now, next payment 08:00 UTC−0.0772%/8h= −84.5% APRnext payment −$3.86 per $10,000 · paid last 24h −0.030%
Price spread now: KuCoin against Bitget−0.046%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$324as in the Funding arb table
Net, price: spread back to 7d avg − costs−$315as in the Price arb table
costs, in and out, $10k−$3173.175% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now −0.046%, 7d avg −0.069%
=The price spread pays, funding is against you. KuCoin is 0.023% dearer against Bitget than usual: you sell high and buy low (spread −0.046% now, against its 7-day average of −0.069%): +$2 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.066% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.066% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.86 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget 1000XECUSDT | 0.000008674 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $1.1M | $739K | 50x |
| Short | KuCoin XECUSDTM | 0.000008670 | −0.0672 | pay 0.0336% / 4h | 2h 39m | $185K | $114K | 20x |
Bitget 1000XECUSDT
KuCoin XECUSDTMFunding 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
- −$162.12
- Price spread: −0.046% → −0.069%
- $2.28
- Slippage, 4 orders
- −$293.49
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$477.33
- Costs to cover
- 3.175%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 16 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, 1 min ago | 8.06 bp | 30.9 bp −$31 | 255.1 bp −$2,551 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 16 min ago | 17.15 bp | 159.2 bp −$159 | doesn't fit | doesn't fit | doesn't fit |
XEC on 7 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 1000XECUSDT | −0.0962% | 8h | 0.000008665 | −0.104% | $646K | $860K | 20x | as long as short |
| KuCoin XECUSDTMshort | −0.0672% | 4h | 0.000008670 | −0.046% | $185K | $114K | 20x | |
| Aster 1000XECUSDT | −0.0041% | 4h | 0.000008677 | +0.029% | $3K | $40K | 5x | as long as short |
| Binance 1000XECUSDT | +0.0100% | 4h | 0.000008684 | +0.115% | $1.7M | $7.8M | 75x | as long as short |
| MEXC XEC_USDT | +0.0100% | 4h | 0.000008677 | +0.035% | $337K | $109K | 20x | as long as short |
| Bitget 1000XECUSDTlong | +0.0100% | 4h | 0.000008674 | long leg | $1.1M | $739K | 50x | |
| Extended kXEC-USD | +0.0104% | 1h | 0.000008676 | +0.022% | $3K | — | 5x | as long as short |
Bybit 1000XECUSDT
Aster 1000XECUSDT
Binance 1000XECUSDT
MEXC XEC_USDT
Extended kXEC-USD