Funding you earn now, next payment 08:00 UTC−0.0309%/8h= −33.8% APRnext payment −$3.09 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against KuCoin+0.162%7-day average −0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$641as in the Funding arb table
Net, price: spread back to 7d avg − costs−$651as in the Price arb table
costs, in and out, $10k−$6776.768% of the position
Funding, last 7 days+0.360%+$36 on $10k
+Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.162%, 7d avg −0.094%
=The price spread pays, funding is against you. Bitget is 0.256% dearer against KuCoin than usual: you sell high and buy low (spread +0.162% now, against its 7-day average of −0.094%): +$26 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 2.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.360%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HPEUSDTM | 61.900 | 0.0309 | pay 0.0309% / 8h | 3h 48m | $230K | $426K | 20x |
| Short | Bitget HPEUSDT | 62.000 | 0 | get 0.0000% / 8h | 3h 48m | $959K | $361K | 20x |
KuCoin HPEUSDTM
Bitget HPEUSDTFunding 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
- −$64.89
- Price spread: +0.162% → −0.094%
- $25.59
- Slippage, 4 orders
- −$652.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$716.06
- Costs to cover
- 6.768%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 24 min ago; Bitget: live order book, 2 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, 24 min ago | 16.09 bp | 329.8 bp −$330 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 12.13 bp | 31.9 bp −$32 | 42.9 bp −$429 | doesn't fit | doesn't fit |
HPE on 10 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 HPEUSDT | 0.0000% | 8h | 61.808 | −0.149% | $833 | $146 | 20x | as long as short |
| Binance HPEUSDT | 0.0000% | 8h | 61.825 | −0.122% | $471K | $4.5M | 20x | as long as short |
| Bybit HPEUSDT | 0.0000% | 8h | 61.800 | −0.162% | $321K | $186K | 25x | as long as short |
| OKX HPE-USDT-SWAP | 0.0000% | 8h | 61.910 | +0.016% | $204K | $372K | 20x | as long as short |
| Gate HPE_USDT | 0.0000% | 8h | 61.890 | −0.016% | $160K | $36K | 20x | as long as short |
| Bitget HPEUSDTshort | 0.0000% | 8h | 62.000 | +0.162% | $959K | $361K | 20x | |
| Variational Omni HPE | 0.0000% | 8h | 61.969 | +0.112% | $37K | $257K | — | as long as short |
| SunX HPE-USDT | 0.0000% | 8h | 61.820 | −0.129% | $1K | $289K | 10x | as long as short |
| HTX HPE-USDT | 0.0000% | 8h | 61.930 | +0.048% | $8K | $1K | 10x | as long as short |
| KuCoin HPEUSDTMlong | +0.0309% | 8h | 61.900 | long leg | $230K | $426K | 20x |
Aster HPEUSDT
Binance HPEUSDT
Bybit HPEUSDT
OKX HPE-USDT-SWAP
Gate HPE_USDT
Variational Omni HPE
SunX HPE-USDT
HTX HPE-USDT