Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.071%
Price spread now: KuCoin against Bitget+0.148%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,099as in the Price arb table
costs, in and out, $10k−$1,11711.167% of the position
Funding, last 7 days−0.360%−$36 on $10k
+Price spread, last 4 days (all we have)−0.330%−$33 · spread now +0.148%, 7d avg −0.027%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.175% dearer against Bitget than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.027%. Mind the row above: over the last 7 days funding on this pair cost −0.360%, 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 | Bitget BSPUSDT | 38.513 | 0 | get 0.0000% / 8h | 7h 47m | $100K | $64K | 20x |
| Short | KuCoin BSPUSDTM | 38.570 | 0.0100 | get 0.0100% / 8h | 7h 47m | $49K | $221K | 20x |
Bitget BSPUSDT
KuCoin BSPUSDTMFunding 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: +0.148% → −0.027%
- $17.51
- Slippage, 4 orders
- −$1,092.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,078.2
- Costs to cover
- 11.167%
- Break-even
- 366.4 days
Slippage from Bitget: live order book, 34 min ago; KuCoin: live order book, 43 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, 34 min ago | 12.61 bp | 67.8 bp −$68 | 75.8 bp −$758 | 182.6 bp −$18.3K | doesn't fit |
| Sell KuCoin live order book, 43 min ago | 25.91 bp | 603.9 bp −$604 | doesn't fit | doesn't fit | doesn't fit |
BSP 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BSPUSDT | 0.0000% | 8h | 38.512 | −0.002% | $480K | $691K | 10x | as long as short |
| Bybit BSPUSDT | 0.0000% | 8h | 38.540 | +0.070% | $380K | $80K | 25x | as long as short |
| OKX BSP-USDT-SWAP | 0.0000% | 8h | 38.410 | −0.267% | $153K | $159K | 10x | as long as short |
| Gate BSP_USDT | 0.0000% | 8h | 38.470 | −0.112% | $251K | $249K | 25x | as long as short |
| Bitget BSPUSDTlong | 0.0000% | 8h | 38.513 | long leg | $100K | $64K | 20x | |
| KuCoin BSPUSDTMshort | +0.0100% | 8h | 38.570 | +0.148% | $49K | $221K | 20x | |
| HTX BSP-USDT | +0.0100% | 8h | 38.310 | −0.527% | $6K | $42K | 10x | as long as short |
Binance BSPUSDT
Bybit BSPUSDT
OKX BSP-USDT-SWAP
Gate BSP_USDT
HTX BSP-USDT