Funding you earn now, next payment 08:00 UTC−0.1344%/8h= −147.2% APRnext payment −$13.44 per $10,000 · paid last 24h −0.095%
Price spread now: KuCoin against Bitget+0.029%7-day average −0.014% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.029%, 7d avg −0.014%
=The price spread pays, funding is against you. KuCoin is 0.043% dearer against Bitget than usual: you sell high and buy low (spread +0.029% now, against its 7-day average of −0.014%): +$4 on $10k if it goes back. Holding the pair costs −$40 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.033% in total) that is about 9.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.033% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$13.44 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 | Bitget BYDUSDT | 10.343 | 0.1444 | pay 0.1444% / 8h | 2h 11m | $150K | $234K | 20x |
| Short | KuCoin BYDUSDTM | 10.346 | 0.0100 | get 0.0100% / 8h | 2h 11m | $13K | $1.7M | 20x |
Bitget BYDUSDT
KuCoin BYDUSDTMFunding 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
- −$282.24
- Price spread: +0.029% → −0.014%
- $4.31
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$301.93
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 28 min ago; KuCoin: live order book, 4 min ago. Net counts fees only.
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, 28 min ago | 7.25 bp | 15.4 bp −$15 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 15.48 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
BYD on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BYD-USDT | 0.0000% | 4h | 10.330 | −0.126% | — | $2.1M | 10x | as long as short |
| HTX BYD-USDT | 0.0000% | 4h | 10.340 | −0.029% | $9K | $266K | 20x | as long as short |
| Gate BYD_USDT | +0.0093% | 8h | 10.392 | +0.474% | $155K | $53K | 20x | as long as short |
| KuCoin BYDUSDTMshort | +0.0100% | 8h | 10.346 | +0.029% | $13K | $1.7M | 20x | |
| Bybit BYDUSDT | +0.0119% | 8h | 10.350 | +0.068% | $78K | $13K | 25x | as long as short |
| edgeX BYDUSDC | +0.0442% | 4h | 10.337 | −0.054% | $43K | $428K | 10x | as long as short |
| Bitget BYDUSDTlong | +0.1444% | 8h | 10.343 | long leg | $150K | $234K | 20x | |
| Binance BYDUSDT | +0.1895% | 4h | 10.344 | +0.007% | $1.5M | $876K | 20x | as long as short |
SunX BYD-USDT
HTX BYD-USDT
Gate BYD_USDT
Bybit BYDUSDT
edgeX BYDUSDC
Binance BYDUSDT