COST

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Bitget against KuCoin+0.047%7-day average +0.098% · you sell dearer than you buy

Net, funding: paid 7d − costs−$818as in the Funding arb table

Net, price: spread back to 7d avg − costs−$807as in the Price arb table

costs, in and out, $10k−$8028.016% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.165%−$16 on $10k

Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.047%, 7d avg +0.098%

Together, before fees−0.146%−$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.051% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.098%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin COSTUSDTM	898.00	0.0100	pay 0.0100% / 8h	7h 53m	$48K	$854K	20x
Short	Bitget COSTUSDT	898.42	0	get 0.0000% / 8h	7h 53m	$403K	$112K	25x

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 +0.047%Rate

Funding earned: −$21
Price spread: +0.047% → +0.098%: −$5.1
Slippage, 4 orders: −$777.56
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$827.66
Costs to cover: 8.016%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; Bitget: live order book, 12 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, 1 min ago	25.07 bp	517.4 bp −$517	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 12 min ago	5.06 bp	14.1 bp −$14	35.6 bp −$356	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	898.94	+0.105%	$45K	$178	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	898.82	+0.091%	$491K	$218K	25x	as long as short
Gate COST_USDT	0.0000%	8h	898.91	+0.101%	$523K	$7K	25x	as long as short
Bitget COSTUSDTshort	0.0000%	8h	898.42	+0.047%	$403K	$112K	25x
SunX COST-USDT	0.0000%	8h	898.10	+0.011%	$1K	$3.2M	10x	as long as short
HTX COST-USDT	0.0000%	8h	900.59	+0.288%	$10K	$42K	10x	as long as short
QFEX COST-USD	+0.0017%	1h	897.58	−0.047%	$1.1M	$3.2M	10x	as long as short
OKX COST-USDT-SWAP	+0.0018%	8h	898.94	+0.105%	$444K	$135K	10x	as long as short
Injective COST/USDC PERP	+0.0033%	1h	891.98	−0.670%	$2K	$28K	12x	as long as short
Extended COST-USD	+0.0040%	1h	898.25	+0.028%	—	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest COST-USD-PERP	+0.0046%	1h	896.76	−0.138%	—	—	25x	as long as short
tradeXYZ xyz:COST	+0.0050%	1h	896.64	−0.151%	$1.8M	$526K	20x	as long as short
KuCoin COSTUSDTMlong	+0.0100%	8h	898.00	long leg	$48K	$854K	20x
Variational Omni COST	+0.0399%	8h	898.40	+0.045%	$42K	$17K	—	as long as short
Binance COSTUSDT	+0.0557%	8h	898.66	+0.074%	$1.1M	$963K	20x	as long as short