Funding you earn now, next payment 08:00 UTC−0.0075%/8h= −8.2% APRpaid last 24h −0.032%
Price spread now: Bitget against Binance−0.100%7-day average +0.302% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$910.914% of the position
Funding, last 7 days−0.145%−$14 on $10k
+Price spread, last 4 days (all we have)+0.372%+$37 · spread now −0.100%, 7d avg +0.302%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.403% cheaper against Binance than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of +0.302%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KUAISHOUUSDT | 3.9830 | 0.0316 | pay 0.0158% / 4h | 17m 54s | $2.0M | $687K | 20x |
| Short | Bitget KUAISHOUUSDT | 3.9790 | 0.0241 | get 0.0241% / 8h | 17m 54s | $398K | $152K | 5x |
Binance KUAISHOUUSDT
Bitget KUAISHOUUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$15.67
- Price spread: −0.100% → +0.302%
- −$40.26
- Slippage, 4 orders
- −$69.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$147.27
- Costs to cover
- 0.914%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; Bitget: live order book, 13 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 Binance live order book, 16 min ago | 2.51 bp | 25.0 bp −$25 | 340.5 bp −$3,405 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 13 min ago | 6.28 bp | 22.0 bp −$22 | 63.3 bp −$633 | 147.2 bp −$14.7K | doesn't fit |
KUAISHOU 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit KUAISHOUUSDT | 0.0000% | 8h | 3.9800 | −0.075% | $138K | $34K | 25x | as long as short |
| Gate KUAISHOU_USDT | 0.0000% | 8h | 3.9790 | −0.100% | $459K | $28K | 25x | as long as short |
| HTX KUAISHOU-USDT | 0.0000% | 4h | 4.0100 | +0.678% | $11K | $2K | 10x | as long as short |
| KuCoin KUAISHOUUSDTM | +0.0100% | 4h | 3.9760 | −0.176% | $18K | $1.6M | 20x | as long as short |
| Bitget KUAISHOUUSDTshort | +0.0241% | 8h | 3.9790 | −0.100% | $398K | $152K | 5x | |
| Aster KUAISHOUUSDT | +0.0293% | 8h | 3.9786 | −0.111% | $42K | $9K | 20x | as long as short |
| Binance KUAISHOUUSDTlong | +0.0316% | 4h | 3.9830 | long leg | $2.0M | $687K | 20x | |
| edgeX KUAISHOUUSDC | +0.0685% | 4h | 3.9802 | −0.070% | $13K | $188K | 10x | as long as short |
Bybit KUAISHOUUSDT
Gate KUAISHOU_USDT
HTX KUAISHOU-USDT
KuCoin KUAISHOUUSDTM
Aster KUAISHOUUSDT
edgeX KUAISHOUUSDC