Funding you earn now, next payment 16:00 UTC−0.0129%/8h= −14.1% APRnext payment −$1.29 per $10,000 · paid last 24h −0.047%
Price spread now: Bitget against KuCoin0.000%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$678as in the Funding arb table
Net, price: spread back to 7d avg − costs−$643as in the Price arb table
costs, in and out, $10k−$6476.470% of the position
Funding, last 7 days−0.313%−$31 on $10k
+Price spread, last 4 days (all we have)−0.168%−$17 · spread now 0.000%, 7d avg −0.039%
=The price spread pays, funding is against you. Bitget is 0.039% dearer against KuCoin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.039%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KLACUSDTM | 182.57 | 0.0100 | pay 0.0100% / 8h | 6h 54m | $199K | $952K | 20x |
| Short | Bitget KLACUSDT | 182.57 | −0.0029 | pay 0.0029% / 8h | 6h 54m | $697K | $140K | 20x |
KuCoin KLACUSDTM
Bitget KLACUSDTFunding 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
- −$27.09
- Price spread: 0.000% → −0.039%
- $3.86
- Slippage, 4 orders
- −$623.05
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$670.28
- Costs to cover
- 6.470%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 20 min ago; Bitget: live order book, 36 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, 20 min ago | 9.62 bp | 257.3 bp −$257 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 36 min ago | 23.74 bp | 58.2 bp −$58 | 91.2 bp −$912 | doesn't fit | doesn't fit |
KLAC 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget KLACUSDTshort | −0.0029% | 8h | 182.57 | 0.000% | $697K | $140K | 20x | |
| Binance KLACUSDT | 0.0000% | 8h | 182.44 | −0.072% | $1.2M | $1.4M | 20x | as long as short |
| Bybit KLACUSDT | 0.0000% | 8h | 182.50 | −0.038% | $311K | $150K | 25x | as long as short |
| OKX KLAC-USDT-SWAP | 0.0000% | 8h | 182.34 | −0.126% | $379K | $210K | 20x | as long as short |
| Gate KLAC_USDT | 0.0000% | 8h | 182.20 | −0.203% | $459K | $25K | 20x | as long as short |
| Variational Omni KLAC | 0.0000% | 8h | 182.69 | +0.065% | $20K | $19K | — | as long as short |
| Extended KLAC_24_5-USD | +0.0040% | 1h | 182.40 | −0.093% | $5K | — | 10x | as long as short |
| Vest KLAC-USD-PERP | +0.0046% | 1h | 182.67 | +0.055% | — | $6K | 10x | as long as short |
| KuCoin KLACUSDTMlong | +0.0100% | 8h | 182.57 | long leg | $199K | $952K | 20x | |
| HTX KLAC-USDT | +0.0100% | 8h | 182.62 | +0.027% | $9K | $354K | 10x | as long as short |
Binance KLACUSDT
Bybit KLACUSDT
OKX KLAC-USDT-SWAP
Gate KLAC_USDT
Variational Omni KLAC
Extended KLAC_24_5-USD
Vest KLAC-USD-PERP
HTX KLAC-USDT