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

KO

RWAall KO markets
SwapBacktest
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 +0.024%
Price spread now: KuCoin against Bitget−0.171%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$594as in the Funding arb table
Net, price: spread back to 7d avg − costs−$615as in the Price arb table
costs, in and out, $10k−$6106.099% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.162%+$16 on $10k
Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.171%, 7d avg −0.120%
Together, before fees+0.317%+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.052% cheaper against Bitget than usual: you would sell low and buy high (spread −0.171% now, against its 7-day average of −0.120%). If the spread goes back, that is −$5 on $10k: about 41 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget KOUSDT87.4800get 0.0000% / 8h3h 51m$542K$143K20x
ShortKuCoin KOUSDTM87.3300.0100get 0.0100% / 8h3h 51m$53K$2.2M20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21
Price spread: −0.171% → −0.120%
−$5.15
Slippage, 4 orders
−$585.93
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$594.09
Costs to cover
6.099%
Break-even
205.0 days
Slippage from Bitget: live order book, 63 min ago; KuCoin: live order book, 5 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 Bitget live order book, 63 min ago7.43 bp30.3 bp −$3043.4 bp −$434doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago4.58 bp263.1 bp −$263doesn't fitdoesn'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−0.0613%4h87.479−0.001%$88K$209K10xas long as short
Binance KOUSDT0.0000%8h87.550+0.080%$812K$630K20xas long as short
Bybit KOUSDT0.0000%8h87.430−0.057%$343K$19K25xas long as short
OKX KO-USDT-SWAP0.0000%8h87.500+0.023%$764K$321K20xas long as short
Gate KO_USDT0.0000%8h87.460−0.023%$551K$15K25xas long as short
Bitget KOUSDTlong0.0000%8h87.480long leg$542K$143K20x
HTX KO-USDT0.0000%8h87.550+0.080%$4K$367K10xas long as short
KuCoin KOUSDTMshort+0.0100%8h87.330−0.171%$53K$2.2M20x