BX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1017%/8h= −111.4% APRnext payment −$10.17 per $10,000 · paid last 24h −0.030%

Price spread now: Bitget against KuCoin+0.142%7-day average +0.143% · you sell dearer than you buy

Net, funding: paid 7d − costs−$580as in the Funding arb table

Net, price: spread back to 7d avg − costs−$578as in the Price arb table

costs, in and out, $10k−$5785.779% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.142%, 7d avg +0.143%

Together, before fees−0.131%−$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.143%, so right now this pair is about funding alone: −$31 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.021% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.17 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BXUSDTM	126.50	0.1017	pay 0.1017% / 8h	46m 59s	$113K	$1.1M	20x
Short	Bitget BXUSDT	126.68	0	get 0.0000% / 8h	46m 59s	$903K	$44K	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 +0.142%Rate

Funding earned: −$213.57
Price spread: +0.142% → +0.143%: −$0.02
Slippage, 4 orders: −$553.88
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$791.48
Costs to cover: 5.779%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; Bitget: live order book, 29 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	9.49 bp	242.8 bp −$243	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 29 min ago	11.85 bp	56.1 bp −$56	65.1 bp −$651	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	126.24	−0.203%	$5K	$2K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.57	+0.055%	$498K	$857K	25x	as long as short
QFEX BX-USD	0.0000%	1h	130.45	+3.123%	$1.1M	$1.3M	10x	as long as short
Gate BX_USDT	0.0000%	8h	126.71	+0.166%	$426K	$20K	20x	as long as short
Bitget BXUSDTshort	0.0000%	8h	126.68	+0.142%	$903K	$44K	20x
SunX BX-USDT	0.0000%	8h	126.55	+0.040%	$820	$303K	10x	as long as short
HTX BX-USDT	0.0000%	8h	126.68	+0.142%	$7K	$3K	20x	as long as short
Injective BX/USDC PERP	+0.0220%	1h	138.57	+9.542%	$4K	$32K	12x	as long as short
OKX BX-USDT-SWAP	+0.0235%	8h	126.49	−0.008%	$163K	$107K	20x	as long as short
tradeXYZ xyz:BX	+0.0447%	1h	126.45	−0.040%	$663K	$180K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BX	+0.1015%	8h	126.57	+0.055%	$31K	$127	—	as long as short
KuCoin BXUSDTMlong	+0.1017%	8h	126.50	long leg	$113K	$1.1M	20x
Binance BXUSDT	+0.1369%	8h	126.56	+0.050%	$804K	$454K	20x	as long as short
GRVT BX_USDT_Perp	+0.2156%	8h	126.56	+0.047%	$611	$122K	10x	as long as short