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: Bitget against KuCoin+0.158%7-day average +0.186% · you sell dearer than you buy
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)−0.106%−$11 · spread now +0.158%, 7d avg +0.186%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.027% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.186%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MPUSDTM | 50.540 | 0.0100 | pay 0.0100% / 8h | 4h 25m | $13K | $227K | 10x |
| Short | Bitget MPUSDT | 50.620 | 0 | get 0.0000% / 8h | 4h 25m | $246K | $117K | 20x |
KuCoin MPUSDTM
Bitget MPUSDTFunding 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: +0.158% → +0.186%
- −$2.73
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$47.73
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 56 min ago; Bitget: live order book, 25 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 KuCoin live order book, 56 min ago | 22.75 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 25 min ago | 13.84 bp | 20.7 bp −$21 | 38.6 bp −$386 | 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 MPUSDTshort | 0.0000% | 8h | 50.620 | +0.158% | $246K | $117K | 20x | |
| KuCoin MPUSDTMlong | +0.0100% | 8h | 50.540 | long leg | $13K | $227K | 10x |