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
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%
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KOUSDT | 87.480 | 0 | get 0.0000% / 8h | 3h 51m | $542K | $143K | 20x |
| Short | KuCoin KOUSDTM | 87.330 | 0.0100 | get 0.0100% / 8h | 3h 51m | $53K | $2.2M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 63 min ago | 7.43 bp | 30.3 bp −$30 | 43.4 bp −$434 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 4.58 bp | 263.1 bp −$263 | doesn't fit | doesn't fit | doesn't fit |
KO 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX KOUSDC | −0.0613% | 4h | 87.479 | −0.001% | $88K | $209K | 10x | as long as short |
| Binance KOUSDT | 0.0000% | 8h | 87.550 | +0.080% | $812K | $630K | 20x | as long as short |
| Bybit KOUSDT | 0.0000% | 8h | 87.430 | −0.057% | $343K | $19K | 25x | as long as short |
| OKX KO-USDT-SWAP | 0.0000% | 8h | 87.500 | +0.023% | $764K | $321K | 20x | as long as short |
| Gate KO_USDT | 0.0000% | 8h | 87.460 | −0.023% | $551K | $15K | 25x | as long as short |
| Bitget KOUSDTlong | 0.0000% | 8h | 87.480 | long leg | $542K | $143K | 20x | |
| HTX KO-USDT | 0.0000% | 8h | 87.550 | +0.080% | $4K | $367K | 10x | as long as short |
| KuCoin KOUSDTMshort | +0.0100% | 8h | 87.330 | −0.171% | $53K | $2.2M | 20x |
Bitget KOUSDT
KuCoin KOUSDTM
edgeX KOUSDC
Binance KOUSDT
Bybit KOUSDT
OKX KO-USDT-SWAP
Gate KO_USDT
HTX KO-USDT