Funding you earn now, next payment 16:00 UTC+0.0923%/8h= +101.1% APRnext payment +$9.23 per $10,000 · paid last 24h +0.089%
Price spread now: Bitget against KuCoin−0.241%7-day average +0.011% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.229%+$23 on $10k
+Price spread, last 4 days (all we have)+0.444%+$44 · spread now −0.241%, 7d avg +0.011%
=Funding pays, the price is against you. Bitget is 0.252% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.241% now, against its 7-day average of +0.011%). If the spread goes back, that is −$25 on $10k: about 22 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.229% in total) that is about 7.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.229% in total (about 11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.23 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 BYDUSDTM | 10.372 | 0.0100 | pay 0.0100% / 8h | 7h 44m | $12K | $1.6M | 20x |
| Short | Bitget BYDUSDT | 10.347 | 0.1023 | get 0.1023% / 8h | 7h 44m | $150K | $272K | 20x |
KuCoin BYDUSDTM
Bitget BYDUSDTFunding 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
- $193.83
- Price spread: −0.241% → +0.011%
- −$25.24
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $144.59
- Costs to cover
- 0.240%
- Break-even
- 1.8 days
Slippage unknown: KuCoin: live order book, 11 min ago; Bitget: live order book, 45 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 KuCoin live order book, 11 min ago | 9.14 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 45 min ago | 6.77 bp | 21.7 bp −$22 | 40.3 bp −$403 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BYDUSDT | 0.0000% | 8h | 10.370 | −0.019% | $78K | $12K | 25x | as long as short |
| Gate BYD_USDT | 0.0000% | 8h | 10.386 | +0.135% | $155K | $57K | 20x | as long as short |
| SunX BYD-USDT | 0.0000% | 4h | 10.330 | −0.405% | — | $2.0M | 10x | as long as short |
| HTX BYD-USDT | 0.0000% | 4h | 10.350 | −0.212% | $9K | $266K | 20x | as long as short |
| KuCoin BYDUSDTMlong | +0.0100% | 8h | 10.372 | long leg | $12K | $1.6M | 20x | |
| Binance BYDUSDT | +0.0163% | 4h | 10.345 | −0.264% | $1.4M | $1.0M | 20x | as long as short |
| edgeX BYDUSDC | +0.0589% | 4h | 10.341 | −0.296% | $42K | $431K | 10x | as long as short |
| Bitget BYDUSDTshort | +0.1023% | 8h | 10.347 | −0.241% | $150K | $272K | 20x |
Bybit BYDUSDT
Gate BYD_USDT
SunX BYD-USDT
HTX BYD-USDT
Binance BYDUSDT
edgeX BYDUSDC