NOW

Alert: funding

Alert: spread

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−0.152%7-day average −0.093% · you buy dearer than you sell

Net, funding: paid 7d − costs−$6,648as in the Funding arb table

Net, price: spread back to 7d avg − costs−$6,660as in the Price arb table

costs, in and out, $10k−$6,65466.541% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.152%, 7d avg −0.093%

Together, before fees+0.215%+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.059% cheaper against Bitget than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of −0.093%). If the spread goes back, that is −$6 on $10k: about 47 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.061% in total) that is about 6.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NOWUSDT	138.42	0	get 0.0000% / 8h	2h 51m	$767K	$254K	20x
Short	KuCoin NOWUSDTM	138.21	0.0100	get 0.0100% / 8h	2h 51m	$317K	$633K	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now −0.152%Rate

Funding earned: $21
Price spread: −0.152% → −0.093%: −$5.91
Slippage, 4 orders: −$6,630.06
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$6,638.97
Costs to cover: 66.541%
Break-even: 2220.0 days

Slippage from Bitget: live order book, 59 min ago; KuCoin: live order book, 8 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, 59 min ago	1.09 bp	20.0 bp −$20	29.3 bp −$293	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	9.40 bp	157.3 bp −$157	doesn't fit	doesn't fit	doesn't fit

NOW on 16 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
OKX NOW-USDT-SWAP	0.0000%	8h	138.58	+0.116%	$494K	$230K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	138.27	−0.108%	$1.1M	$1.5M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	138.44	+0.014%	$252K	$346K	20x	as long as short
Bitget NOWUSDTlong	0.0000%	8h	138.42	long leg	$767K	$254K	20x
SunX NOW-USDT	0.0000%	8h	138.43	+0.007%	$678	$367K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	138.40	−0.014%	$5K	$34K	20x	as long as short
Aster NOWUSDT	+0.0020%	8h	138.85	+0.310%	$41K	$995	20x	as long as short
Lighter NOW	+0.0032%	1h	138.32	−0.072%	$5K	$171	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+0.997%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	138.31	−0.079%	—	—	25x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTMshort	+0.0100%	8h	138.21	−0.152%	$317K	$633K	20x
BloFin NOW-USDT	+0.0190%	8h	138.51	+0.065%	$46K	$17K	20x	as long as short
Binance NOWUSDT	+0.0208%	8h	138.46	+0.029%	$1.8M	$1.4M	20x	as long as short
Bybit NOWUSDT	+0.0217%	8h	138.53	+0.079%	$1.6M	$2.4M	25x	as long as short
tradeXYZ xyz:NOW	+0.0242%	1h	138.33	−0.065%	$2.1M	$224K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0364%	8h	138.41	−0.007%	$255	$147K	10x	as long as short