Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.138%
Price spread now: KuCoin against Bitget−0.221%7-day average −0.139% · you buy dearer than you sell
Net, funding: paid 7d − costs−$608as in the Funding arb table
Net, price: spread back to 7d avg − costs−$633as in the Price arb table
costs, in and out, $10k−$6256.249% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.221%, 7d avg −0.139%
=Funding pays, the price is against you. KuCoin is 0.081% cheaper against Bitget than usual: you would sell low and buy high (spread −0.221% now, against its 7-day average of −0.139%). If the spread goes back, that is −$8 on $10k: about 2.7 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BXUSDT | 126.73 | 0 | get 0.0000% / 8h | 7h 48m | $901K | $27K | 20x |
| Short | KuCoin BXUSDTM | 126.45 | 0.0100 | get 0.0100% / 8h | 7h 48m | $110K | $770K | 20x |
Bitget BXUSDT
KuCoin BXUSDTMFunding 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: −0.221% → −0.139%
- −$8.15
- Slippage, 4 orders
- −$600.9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$612.05
- Costs to cover
- 6.249%
- Break-even
- 211.0 days
Slippage from Bitget: live order book, 47 min ago; KuCoin: live order book, 6 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, 47 min ago | 14.63 bp | 63.7 bp −$64 | 154.6 bp −$1,546 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 8.30 bp | 227.0 bp −$227 | doesn't fit | doesn't fit | doesn't fit |
BX on 14 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 BXUSDT | 0.0000% | 8h | 126.56 | −0.132% | $5K | $868 | 20x | as long as short |
| Bybit BXUSDT | 0.0000% | 8h | 126.78 | +0.039% | $482K | $804K | 25x | as long as short |
| OKX BX-USDT-SWAP | 0.0000% | 8h | 126.64 | −0.071% | $164K | $115K | 20x | as long as short |
| QFEX BX-USD | 0.0000% | 1h | 126.36 | −0.292% | $1.1M | $1.4M | 10x | as long as short |
| Gate BX_USDT | 0.0000% | 8h | 126.68 | −0.039% | $422K | $24K | 20x | as long as short |
| Bitget BXUSDTlong | 0.0000% | 8h | 126.73 | long leg | $901K | $27K | 20x | |
| Variational Omni BX | 0.0000% | 8h | 126.63 | −0.076% | $43K | $12K | — | as long as short |
| SunX BX-USDT | 0.0000% | 8h | 126.66 | −0.055% | $889 | $305K | 10x | as long as short |
| HTX BX-USDT | 0.0000% | 8h | 126.72 | −0.008% | $7K | $4K | 20x | as long as short |
| Binance BXUSDT | +0.0041% | 8h | 126.70 | −0.024% | $772K | $505K | 20x | as long as short |
Aster BXUSDT
Bybit BXUSDT
OKX BX-USDT-SWAP
QFEX BX-USD
Gate BX_USDT
Variational Omni BX
SunX BX-USDT
HTX BX-USDT
Binance BXUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BXUSDTMshort | +0.0100% | 8h | 126.45 | −0.221% | $110K | $770K | 20x | |
| tradeXYZ xyz:BX | +0.0196% | 1h | 126.46 | −0.213% | $666K | $256K | 10x | as long as short |
| Injective BX/USDC PERP | +0.0220% | 1h | 138.74 | +9.477% | $4K | $31K | 12x | as long as short |
| GRVT BX_USDT_Perp | +0.0342% | 8h | 126.67 | −0.047% | $827 | $102K | 10x | as long as short |
tradeXYZ xyz:BX
Injective BX/USDC PERP
GRVT BX_USDT_Perp