COST

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Bitget−0.028%7-day average −0.097% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2,242as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,254as in the Price arb table

costs, in and out, $10k−$2,26122.606% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.183%+$18 on $10k

Price spread, last 4 days (all we have)−0.025%−$2 · spread now −0.028%, 7d avg −0.097%

Together, before fees+0.158%+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.070% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.097%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget COSTUSDT	902.85	0	get 0.0000% / 8h	7h 26m	$411K	$85K	25x
Short	KuCoin COSTUSDTM	902.60	0.0100	get 0.0100% / 8h	7h 26m	$47K	$943K	20x

Funding 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 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 BitgetbpFee KuCoinbpOrdersPrice spread, now −0.028%Rate

Funding earned: $21
Price spread: −0.028% → −0.097%: $6.97
Slippage, 4 orders: −$2,236.58
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$2,232.61
Costs to cover: 22.606%
Break-even: 751.2 days

Slippage from Bitget: live order book, 64 min ago; KuCoin: live order book, 48 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, 64 min ago	8.25 bp	14.6 bp −$15	25.7 bp −$257	doesn't fit	doesn't fit
Sell KuCoin live order book, 48 min ago	14.41 bp	1120.0 bp −$1,120	doesn't fit	doesn't fit	doesn't fit

COST on 15 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 COSTUSDT	0.0000%	8h	902.87	+0.002%	$45K	$133	20x	as long as short
Binance COSTUSDT	0.0000%	8h	902.92	+0.008%	$1.1M	$1.0M	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	903.00	+0.017%	$491K	$91K	25x	as long as short
OKX COST-USDT-SWAP	0.0000%	8h	903.73	+0.097%	$442K	$120K	10x	as long as short
Gate COST_USDT	0.0000%	8h	902.79	−0.007%	$523K	$9K	25x	as long as short
Bitget COSTUSDTlong	0.0000%	8h	902.85	long leg	$411K	$85K	25x
Variational Omni COST	0.0000%	8h	902.72	−0.015%	$40K	$14K	—	as long as short
SunX COST-USDT	0.0000%	8h	902.80	−0.006%	$2K	$2.7M	10x	as long as short
HTX COST-USDT	0.0000%	8h	903.47	+0.069%	$10K	$42K	10x	as long as short
Injective COST/USDC PERP	+0.0033%	1h	891.98	−1.204%	$2K	$28K	12x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended COST-USD	+0.0040%	1h	902.24	−0.067%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	903.02	+0.019%	—	—	25x	as long as short
QFEX COST-USD	+0.0046%	1h	902.84	−0.001%	$1.1M	$2.4M	10x	as long as short
tradeXYZ xyz:COST	+0.0050%	1h	902.58	−0.030%	$1.8M	$510K	20x	as long as short
KuCoin COSTUSDTMshort	+0.0100%	8h	902.60	−0.028%	$47K	$943K	20x