Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bitget+0.055%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$657as in the Funding arb table
Net, price: spread back to 7d avg − costs−$670as in the Price arb table
costs, in and out, $10k−$6786.783% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now +0.055%, 7d avg −0.030%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.086% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ADBEUSDT | 252.46 | 0 | get 0.0000% / 8h | 7h 38m | $539K | $122K | 20x |
| Short | KuCoin ADBEUSDTM | 252.60 | 0.0100 | get 0.0100% / 8h | 7h 38m | $267K | $262K | 20x |
Funding 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
- $21
- Price spread: +0.055% → −0.030%
- $8.59
- Slippage, 4 orders
- −$654.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$648.74
- Costs to cover
- 6.783%
- Break-even
- 223.2 days
Slippage from Bitget: live order book, 56 min ago; KuCoin: live order book, 53 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 | 12.30 bp | 19.5 bp −$19 | 28.2 bp −$282 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 53 min ago | 8.74 bp | 326.8 bp −$327 | doesn't fit | doesn't fit | doesn't fit |
ADBE on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ADBE/USDC PERP | −0.0220% | 1h | 248.38 | −1.616% | $17K | $19K | 12x | as long as short |
| Aster ADBEUSDT | 0.0000% | 8h | 252.38 | −0.031% | $7K | $2K | 20x | as long as short |
| Binance ADBEUSDT | 0.0000% | 8h | 252.88 | +0.165% | $1.7M | $821K | 20x | as long as short |
| Bybit ADBEUSDT | 0.0000% | 8h | 252.97 | +0.202% | $588K | $129K | 25x | as long as short |
| OKX ADBE-USDT-SWAP | 0.0000% | 8h | 252.83 | +0.147% | $511K | $231K | 20x | as long as short |
| Gate ADBE_USDT | 0.0000% | 8h | 252.92 | +0.182% | $344K | $176K | 20x | as long as short |
| Bitget ADBEUSDTlong | 0.0000% | 8h | 252.46 | long leg | $539K | $122K | 20x | |
| SunX ADBE-USDT | 0.0000% | 8h | 252.68 | +0.087% | $945 | $439K | 10x | as long as short |
| HTX ADBE-USDT | 0.0000% | 8h | 252.90 | +0.174% | $6K | $37K | 20x | as long as short |
| Extended ADBE_24_5-USD | +0.0040% | 1h | 252.42 | −0.017% | $1K | $2K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ADBEUSDTMshort | +0.0100% | 8h | 252.60 | +0.055% | $267K | $262K | 20x |
Bitget ADBEUSDT
KuCoin ADBEUSDTM
Injective ADBE/USDC PERP
Aster ADBEUSDT
Binance ADBEUSDT
Bybit ADBEUSDT
OKX ADBE-USDT-SWAP
Gate ADBE_USDT
SunX ADBE-USDT
HTX ADBE-USDT
Extended ADBE_24_5-USD