Settings8H · net · $10k
Funding arb · Price arb /

KO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.133%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$920.920% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 2 days (all we have)−0.021%−$2 · spread now −0.133%, 7d avg −0.088%
Together, before fees−0.035%−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.045% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.088%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance KOUSDT87.5760get 0.0000% / 8h5h 42m$809K$598K20x
ShortBitget KOUSDT87.4600get 0.0000% / 8h5h 42m$543K$142K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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

Funding earned
$0
Price spread: −0.133% → −0.088%
−$4.49
Slippage, 4 orders
−$70.04
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$96.54
Costs to cover
0.920%
Break-even
never at this rate
Slippage from Binance: live order book, 35 min ago; Bitget: live order book, 18 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 35 min ago1.14 bp12.7 bp −$1368.6 bp −$686doesn't fitdoesn't fit
Sell Bitget live order book, 18 min ago8.57 bp27.9 bp −$2839.4 bp −$394doesn't fitdoesn't fit

KO on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX KOUSDC−0.0154%4h87.501−0.087%$88K$211K10xas long as short
Binance KOUSDTlong0.0000%8h87.576long leg$809K$598K20x
Bybit KOUSDT0.0000%8h87.470−0.122%$343K$19K25xas long as short
OKX KO-USDT-SWAP0.0000%8h87.560−0.019%$759K$302K20xas long as short
Gate KO_USDT0.0000%8h87.490−0.099%$546K$14K25xas long as short
Bitget KOUSDTshort0.0000%8h87.460−0.133%$543K$142K20x
HTX KO-USDT0.0000%8h87.580+0.004%$5K$367K10xas long as short
KuCoin KOUSDTM+0.0100%8h87.360−0.247%$56K$2.2M20xas long as short