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−0.079%7-day average −0.187% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.152%+$15 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.079%, 7d avg −0.187%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.108% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.187%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MPUSDT | 50.560 | 0 | get 0.0000% / 8h | 5h 34m | $246K | $117K | 20x |
| Short | KuCoin MPUSDTM | 50.520 | 0.0100 | get 0.0100% / 8h | 5h 34m | $13K | $261K | 10x |
Bitget MPUSDT
KuCoin MPUSDTMFunding 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: −0.079% → −0.187%
- $10.75
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $7.75
- Costs to cover
- 0.240%
- Break-even
- 4.4 days
Slippage unknown: Bitget: live order book, 21 min ago; KuCoin: live order book, 62 min ago. Net counts fees only.
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, 21 min ago | 13.84 bp | 20.7 bp −$21 | 60.0 bp −$600 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 62 min ago | 24.72 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
MP on 2 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MPUSDTlong | 0.0000% | 8h | 50.560 | long leg | $246K | $117K | 20x | |
| KuCoin MPUSDTMshort | +0.0100% | 8h | 50.520 | −0.079% | $13K | $261K | 10x |