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: Bitget against KuCoin+0.046%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$311as in the Funding arb table
Net, price: spread back to 7d avg − costs−$320as 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%
=Funding pays, the price is against you. Bitget is 0.023% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.046% now, against its 7-day average of +0.069%). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$23 a day). 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 | KuCoin XECUSDTM | 0.000008670 | −0.0672 | get 0.0336% / 4h | 2h 39m | $185K | $114K | 20x |
| Short | Bitget 1000XECUSDT | 0.000008674 | 0.0100 | get 0.0050% / 4h | 2h 39m | $1.1M | $739K | 50x |
KuCoin XECUSDTM
Bitget 1000XECUSDTFunding 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
- $162.12
- Price spread: +0.046% → +0.069%
- −$2.28
- Slippage, 4 orders
- −$293.49
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$157.65
- Costs to cover
- 3.175%
- Break-even
- 13.8 days
Slippage from KuCoin: live order book, 16 min ago; Bitget: live order book, 1 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, 16 min ago | 17.15 bp | 80.1 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 8.06 bp | 47.3 bp −$47 | 195.7 bp −$1,957 | 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 | −0.058% | $646K | $860K | 20x | as long as short |
| KuCoin XECUSDTMlong | −0.0672% | 4h | 0.000008670 | long leg | $185K | $114K | 20x | |
| Aster 1000XECUSDT | −0.0041% | 4h | 0.000008677 | +0.075% | $3K | $40K | 5x | as long as short |
| Binance 1000XECUSDT | +0.0100% | 4h | 0.000008684 | +0.161% | $1.7M | $7.8M | 75x | as long as short |
| MEXC XEC_USDT | +0.0100% | 4h | 0.000008677 | +0.081% | $337K | $109K | 20x | as long as short |
| Bitget 1000XECUSDTshort | +0.0100% | 4h | 0.000008674 | +0.046% | $1.1M | $739K | 50x | |
| Extended kXEC-USD | +0.0104% | 1h | 0.000008676 | +0.068% | $3K | — | 5x | as long as short |
Bybit 1000XECUSDT
Aster 1000XECUSDT
Binance 1000XECUSDT
MEXC XEC_USDT
Extended kXEC-USD