Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.070%
Price spread now: Bitget against KuCoin−0.044%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,257as in the Price arb table
costs, in and out, $10k−$2,24822.481% of the position
Funding, last 7 days+0.477%+$48 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.044%, 7d avg +0.044%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.088% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.044%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.477%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BSPUSDTM | 38.530 | 0.0100 | pay 0.0100% / 8h | 6h 20m | $47K | $150K | 20x |
| Short | Bitget BSPUSDT | 38.513 | 0 | get 0.0000% / 8h | 6h 20m | $100K | $64K | 20x |
KuCoin BSPUSDTM
Bitget BSPUSDTFunding 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
- −$21
- Price spread: −0.044% → +0.044%
- −$8.84
- Slippage, 4 orders
- −$2,224.09
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$2,277.93
- Costs to cover
- 22.481%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Bitget: live order book, 30 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, 8 min ago | 11.70 bp | 291.3 bp −$291 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 30 min ago | 13.52 bp | 221.5 bp −$222 | 273.0 bp −$2,730 | 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 | 38.470 | −0.156% | $480K | $691K | 10x | as long as short |
| Bybit BSPUSDT | 0.0000% | 8h | 38.500 | −0.078% | $379K | $80K | 25x | as long as short |
| Gate BSP_USDT | 0.0000% | 8h | 38.480 | −0.130% | $251K | $272K | 25x | as long as short |
| Bitget BSPUSDTshort | 0.0000% | 8h | 38.513 | −0.044% | $100K | $64K | 20x | |
| KuCoin BSPUSDTMlong | +0.0100% | 8h | 38.530 | long leg | $47K | $150K | 20x | |
| HTX BSP-USDT | +0.0100% | 8h | 38.470 | −0.156% | $6K | $42K | 10x | as long as short |
| OKX BSP-USDT-SWAP | +0.0381% | 8h | 38.370 | −0.415% | $153K | $160K | 10x | as long as short |
Binance BSPUSDT
Bybit BSPUSDT
Gate BSP_USDT
HTX BSP-USDT
OKX BSP-USDT-SWAP