Funding you earn now, next payment 08:00 UTC+0.2386%/8h= +261.3% APRnext payment +$23.86 per $10,000 · paid last 24h −0.041%
Price spread now: KuCoin against Bitget−0.252%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$532as in the Funding arb table
Net, price: spread back to 7d avg − costs−$513as in the Price arb table
costs, in and out, $10k−$4874.866% of the position
Funding, last 7 days−0.450%−$45 on $10k
+Price spread, last 4 days (all we have)+0.306%+$31 · spread now −0.252%, 7d avg +0.015%
=Funding pays, the price is against you. KuCoin is 0.267% cheaper against Bitget than usual: you would sell low and buy high (spread −0.252% now, against its 7-day average of +0.015%). If the spread goes back, that is −$27 on $10k: about 9 hours of funding at the current rate (+$72 a day). Mind the row above: over the last 7 days funding on this pair cost −0.450%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.450% in total (about -23.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$23.86 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 INTWUSDT | 31.750 | −0.2286 | get 0.2286% / 8h | 2h 31m | $288K | $1.6M | 20x |
| Short | KuCoin INTWUSDTM | 31.670 | 0.0100 | get 0.0100% / 8h | 2h 31m | $58K | $111K | 20x |
Bitget INTWUSDT
KuCoin INTWUSDTMFunding 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
- $501.06
- Price spread: −0.252% → +0.015%
- −$26.73
- Slippage, 4 orders
- −$462.63
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$12.3
- Costs to cover
- 4.866%
- Break-even
- 7.2 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 18 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, 1 min ago | 7.41 bp | 16.9 bp −$17 | 68.3 bp −$683 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 18 min ago | 17.08 bp | 222.3 bp −$222 | doesn't fit | doesn't fit | doesn't fit |
INTW 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget INTWUSDTlong | −0.2286% | 8h | 31.750 | long leg | $288K | $1.6M | 20x | |
| Binance INTWUSDT | 0.0000% | 8h | 31.671 | −0.249% | $3.0M | $35.1M | 25x | as long as short |
| Bybit INTWUSDT | 0.0000% | 8h | 31.660 | −0.283% | $713K | $1.2M | 25x | as long as short |
| OKX INTW-USDT-SWAP | 0.0000% | 8h | 31.700 | −0.157% | $305K | $2.4M | 25x | as long as short |
| Gate INTW_USDT | 0.0000% | 8h | 31.700 | −0.157% | $491K | $2.1M | 25x | as long as short |
| MEXC INTW_USDT | 0.0000% | 8h | 31.730 | −0.063% | $1.3M | $413K | 50x | as long as short |
| HTX INTW-USDT | 0.0000% | 8h | 31.750 | 0.000% | $10K | $8K | 10x | as long as short |
| KuCoin INTWUSDTMshort | +0.0100% | 8h | 31.670 | −0.252% | $58K | $111K | 20x |
Binance INTWUSDT
Bybit INTWUSDT
OKX INTW-USDT-SWAP
Gate INTW_USDT
MEXC INTW_USDT
HTX INTW-USDT