Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bitget−0.052%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$394as in the Funding arb table
Net, price: spread back to 7d avg − costs−$415as in the Price arb table
costs, in and out, $10k−$4204.204% of the position
Funding, last 7 days+0.264%+$26 on $10k
+Price spread, last 4 days (all we have)+0.168%+$17 · spread now −0.052%, 7d avg −0.104%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.052% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.104%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LRCXUSDT | 306.28 | 0 | get 0.0000% / 8h | 4h 20m | $323K | $186K | 20x |
| Short | KuCoin LRCXUSDTM | 306.12 | 0.0100 | get 0.0100% / 8h | 4h 20m | $179K | $682K | 20x |
Bitget LRCXUSDT
KuCoin LRCXUSDTMFunding 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: −0.052% → −0.104%
- $5.2
- Slippage, 4 orders
- −$396.38
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$394.19
- Costs to cover
- 4.204%
- Break-even
- 138.4 days
Slippage from Bitget: live order book, 30 min ago; KuCoin: live order book, 64 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, 30 min ago | 13.71 bp | 55.6 bp −$56 | 68.9 bp −$689 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 64 min ago | 11.78 bp | 222.8 bp −$223 | doesn't fit | doesn't fit | doesn't fit |
LRCX on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin LRCX-USDT | −0.0015% | 8h | 306.23 | −0.016% | $63K | $36K | 20x | as long as short |
| QFEX LRCX-USD | −0.0008% | 1h | 306.18 | −0.033% | $1.1M | $2.7M | 10x | as long as short |
| Binance LRCXUSDT | 0.0000% | 8h | 306.45 | +0.055% | $831K | $2.7M | 20x | as long as short |
| Bybit LRCXUSDT | 0.0000% | 8h | 305.96 | −0.104% | $336K | $538K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 306.10 | −0.059% | $387K | $297K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 306.00 | −0.091% | $262K | $430K | 20x | as long as short |
| Bitget LRCXUSDTlong | 0.0000% | 8h | 306.28 | long leg | $323K | $186K | 20x | |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 305.88 | −0.131% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 306.11 | −0.056% | — | $4K | 10x | as long as short |
| KuCoin LRCXUSDTMshort | +0.0100% | 8h | 306.12 | −0.052% | $179K | $682K | 20x |
BloFin LRCX-USDT
QFEX LRCX-USD
Binance LRCXUSDT
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Extended LRCX_24_5-USD
Vest LRCX-USD-PERPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LRCX-USDT | +0.0100% | 8h | 306.45 | +0.056% | $9K | $354K | 10x | as long as short |
| Paragon para:LRCX | +0.0615% | 1h | 305.94 | −0.111% | $436K | $60K | 10x | as long as short |
HTX LRCX-USDT
Paragon para:LRCX