Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.002084 | +0.0373 | pay 0.0373% / 8h | 5h 00m | $319K | $24K | 30x | Long KuCoin | |
| SHORT | 0.002077 | +0.0100 | get 0.0100% / 8h | 5h 00m | $422K | $84K | 20x | Short Bitget |
Price gap−0.336%
Funding gap−0.0273% /8h
Both sides work against this direction now: funding costs $8 a day on $10k and the gap is 0.254% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$12−0.0273% /8h now · paid +0.124% over the last 7D
Price−$25spread −0.336% now, avg −0.082% → −0.254% if it goes back
Costs−$1,02110.213% of $10k · taker + slippage, in and out
Result−$1,034−10.34%no points
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.124% in total, about +0.0059%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.336%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hXVG on 8 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size442.4 / 33.1 bpAt $10k entering KuCoin costs 442.4 bp, fee and slippage, 13.4× Bitget’s.
- Note: Margin at max leverage$333 + $500KuCoin 30x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$8.19Long KuCoin: 3 payments, −$11.19; short Bitget: 3 payments, +$3.00.
- Watch: Gap narrower than usual−0.336% vs −0.082%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$319K vs $422K OIKuCoin sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCKuCoin Yes · Bitget YesStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0059%/8h × 21 periods+$12.43
Price spread−0.336% → −0.082% (7d avg)−$25.40
Slippage, 4 orderslive order books−$997.28
Fee KuCoin bp × 2 orders−$12.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$1,034.25
Costs to cover10.213%Break-even589.4 days
Slippage: KuCoin: live order book, 19 min ago; Bitget: live order book, 53 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin16.82442.4 bp−$442doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget12.0733.1 bp−$33158.9 bp−$1,589doesn’t fitdoesn’t fit
Closing costs about the same again.