Funding you earn now, next payment 08:00 UTC+0.0440%/8h= +48.2% APRnext payment +$4.40 per $10,000 · paid last 24h +0.207%
Price spread now: Bitget against KuCoin+0.377%7-day average +0.327% · you sell dearer than you buy
Net, funding: paid 7d − costs−$836as in the Funding arb table
Net, price: spread back to 7d avg − costs−$797as in the Price arb table
costs, in and out, $10k−$8028.023% of the position
Funding, last 7 days−0.342%−$34 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.377%, 7d avg +0.327%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bitget is 0.051% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.327%. Mind the row above: over the last 7 days funding on this pair cost −0.342%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BOTUSDTM | 29.140 | −0.0602 | get 0.0602% / 8h | 1h 07m | $93K | $388K | 20x |
| Short | Bitget BOTUSDT | 29.250 | −0.0162 | pay 0.0162% / 8h | 1h 07m | $243K | $130K | 5x |
KuCoin BOTUSDTM
Bitget BOTUSDTFunding 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
- $92.4
- Price spread: +0.377% → +0.327%
- $5.08
- Slippage, 4 orders
- −$778.3
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$704.82
- Costs to cover
- 8.023%
- Break-even
- 60.4 days
Slippage from KuCoin: live order book, 36 min ago; Bitget: live order book, 28 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, 36 min ago | 20.57 bp | 453.8 bp −$454 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 28 min ago | 15.42 bp | 41.1 bp −$41 | 69.5 bp −$695 | doesn't fit | doesn't fit |
BOT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX BOT-USDT-SWAP | −0.1553% | 8h | 29.140 | 0.000% | $232K | $223K | 20x | as long as short |
| tradeXYZ xyz:BOT | −0.1550% | 1h | 29.112 | −0.096% | $3.1M | $789K | 10x | as long as short |
| KuCoin BOTUSDTMlong | −0.0602% | 8h | 29.140 | long leg | $93K | $388K | 20x | |
| Binance BOTUSDT | −0.0544% | 8h | 29.154 | +0.049% | $453K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.0467% | 8h | 29.160 | +0.067% | $31K | $14K | — | as long as short |
| Bitget BOTUSDTshort | −0.0162% | 8h | 29.250 | +0.377% | $243K | $130K | 5x | |
| QFEX BOT-USD | −0.0080% | 1h | 29.160 | +0.069% | $1.1M | $495K | 10x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.100 | −0.137% | $515K | $577K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.160 | +0.069% | $250K | $233K | 20x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.330 | +0.652% | $67K | $1K | 3x | as long as short |
OKX BOT-USDT-SWAP
tradeXYZ xyz:BOT
Binance BOTUSDT
Variational Omni BOT
QFEX BOT-USD
Bybit BOTUSDT
Gate BOT_USDT
Lighter BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | +0.0040% | 1h | 29.100 | −0.137% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.187 | +0.161% | $4K | $34K | 10x | as long as short |
Arcus BOT-USD
HTX BOT-USDT