BE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Bitget against KuCoin+0.022%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$267as in the Funding arb table

Net, price: spread back to 7d avg − costs−$247as in the Price arb table

costs, in and out, $10k−$2492.495% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.175%−$17 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.022%, 7d avg −0.007%

Together, before fees−0.161%−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.029% dearer against KuCoin than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.007%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BEUSDTM	274.78	0.0100	pay 0.0100% / 8h	7h 38m	$371K	$22K	20x
Short	Bitget BEUSDT	274.84	0	get 0.0000% / 8h	7h 38m	$1.7M	$2.6M	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$21
Price spread: +0.022% → −0.007%: $2.93
Slippage, 4 orders: −$225.45
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$267.52
Costs to cover: 2.495%
Break-even: never at this rate

Slippage from KuCoin: live order book, 13 min ago; Bitget: live order book, 4 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, 13 min ago	25.26 bp	126.1 bp −$126	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	4.36 bp	17.2 bp −$17	48.9 bp −$489	doesn't fit	doesn't fit

BE on 21 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
Aster BEUSDT	0.0000%	8h	274.70	−0.030%	$346K	$119K	20x	as long as short
Gate BE_USDT	0.0000%	8h	274.70	−0.029%	$1.5M	$3.4M	50x	as long as short
Bitget BEUSDTshort	0.0000%	8h	274.84	+0.022%	$1.7M	$2.6M	20x
SunX BE-USDT	0.0000%	8h	274.92	+0.051%	$976	$2.5M	10x	as long as short
HTX BE-USDT	0.0000%	8h	275.07	+0.106%	$13K	$33K	20x	as long as short
Lighter BE	+0.0032%	1h	274.76	−0.007%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	274.84	+0.022%	$251K	$300K	10x	as long as short
QFEX BE-USD	+0.0037%	1h	275.05	+0.098%	$1.3M	$3.7M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	274.97	+0.069%	$115K	$113K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	274.91	+0.047%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit BEUSDT	+0.0074%	8h	275.04	+0.095%	$2.0M	$1.2M	25x	as long as short
KuCoin BEUSDTMlong	+0.0100%	8h	274.78	long leg	$371K	$22K	20x
Aevo BE-PERP	+0.0104%	1h	274.90	+0.045%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0108%	1h	274.75	−0.011%	$5.9M	$2.9M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0128%	1h	275.39	+0.222%	$477K	$132K	10x	as long as short
Binance BEUSDT	+0.0133%	8h	274.90	+0.044%	$8.6M	$36.4M	25x	as long as short
Extended BE-USD	+0.0136%	1h	274.83	+0.019%	$46K	$376K	10x	as long as short
BloFin BE-USDT	+0.0252%	8h	275.21	+0.156%	$45K	$142K	20x	as long as short
OKX BE-USDT-SWAP	+0.0266%	8h	274.95	+0.062%	$2.6M	$6.8M	25x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0405%	1h	275.00	+0.080%	$7K	$4K	10x	as long as short
GRVT BE_USDT_Perp	+0.0684%	8h	275.22	+0.161%	$7K	$178K	10x	as long as short