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: Bitget against KuCoin+0.172%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$626as in the Funding arb table
Net, price: spread back to 7d avg − costs−$605as 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)−0.155%−$15 · spread now +0.172%, 7d avg +0.120%
=The price spread pays, funding is against you. Bitget is 0.052% dearer against KuCoin than usual: you sell high and buy low (spread +0.172% now, against its 7-day average of +0.120%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KOUSDTM | 87.330 | 0.0100 | pay 0.0100% / 8h | 3h 51m | $53K | $2.2M | 20x |
| Short | Bitget KOUSDT | 87.480 | 0 | get 0.0000% / 8h | 3h 51m | $542K | $143K | 20x |
KuCoin KOUSDTM
Bitget KOUSDTFunding 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
- −$21
- Price spread: +0.172% → +0.120%
- $5.18
- Slippage, 4 orders
- −$585.93
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$625.75
- Costs to cover
- 6.099%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bitget: live order book, 63 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, 4 min ago | 4.58 bp | 285.1 bp −$285 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 63 min ago | 7.43 bp | 31.4 bp −$31 | 39.0 bp −$390 | 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 | +0.171% | $88K | $209K | 10x | as long as short |
| Binance KOUSDT | 0.0000% | 8h | 87.550 | +0.252% | $812K | $630K | 20x | as long as short |
| Bybit KOUSDT | 0.0000% | 8h | 87.430 | +0.115% | $343K | $19K | 25x | as long as short |
| OKX KO-USDT-SWAP | 0.0000% | 8h | 87.500 | +0.195% | $764K | $321K | 20x | as long as short |
| Gate KO_USDT | 0.0000% | 8h | 87.460 | +0.149% | $551K | $15K | 25x | as long as short |
| Bitget KOUSDTshort | 0.0000% | 8h | 87.480 | +0.172% | $542K | $143K | 20x | |
| HTX KO-USDT | 0.0000% | 8h | 87.550 | +0.252% | $4K | $367K | 10x | as long as short |
| KuCoin KOUSDTMlong | +0.0100% | 8h | 87.330 | long leg | $53K | $2.2M | 20x |
edgeX KOUSDC
Binance KOUSDT
Bybit KOUSDT
OKX KO-USDT-SWAP
Gate KO_USDT
HTX KO-USDT