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−0.027%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$600as in the Funding arb table
Net, price: spread back to 7d avg − costs−$587as in the Price arb table
costs, in and out, $10k−$5795.792% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.027%, 7d avg +0.049%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.076% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.049%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ONDSUSDTM | 7.3900 | 0.0100 | pay 0.0100% / 8h | 2h 51m | $79K | $578K | 20x |
| Short | Bitget ONDSUSDT | 7.3880 | 0 | get 0.0000% / 8h | 2h 51m | $890K | $433K | 20x |
KuCoin ONDSUSDTM
Bitget ONDSUSDTFunding 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: −0.027% → +0.049%
- −$7.59
- Slippage, 4 orders
- −$555.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$607.76
- Costs to cover
- 5.792%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Bitget: live order book, 60 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 KuCoin live order book, 8 min ago | 6.77 bp | 249.9 bp −$250 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 60 min ago | 9.44 bp | 39.2 bp −$39 | 45.5 bp −$455 | doesn't fit | doesn't fit |
ONDS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ONDSUSDT | 0.0000% | 8h | 7.3838 | −0.085% | $2K | $5K | 20x | as long as short |
| Binance ONDSUSDT | 0.0000% | 8h | 7.3876 | −0.033% | $1.5M | $1.4M | 20x | as long as short |
| Bybit ONDSUSDT | 0.0000% | 8h | 7.3830 | −0.095% | $507K | $154K | 25x | as long as short |
| OKX ONDS-USDT-SWAP | 0.0000% | 8h | 7.3970 | +0.095% | $186K | $120K | 10x | as long as short |
| Gate ONDS_USDT | 0.0000% | 8h | 7.3810 | −0.122% | $367K | $214K | 20x | as long as short |
| Bitget ONDSUSDTshort | 0.0000% | 8h | 7.3880 | −0.027% | $890K | $433K | 20x | |
| GRVT ONDS_USDT_Perp | 0.0000% | 8h | 7.3835 | −0.087% | $2K | $152K | 10x | as long as short |
| SunX ONDS-USDT | 0.0000% | 8h | 7.3800 | −0.135% | $977 | $482K | 10x | as long as short |
| HTX ONDS-USDT | 0.0000% | 8h | 7.3800 | −0.135% | $5K | $1K | 10x | as long as short |
| Vest ONDS-USD-PERP | +0.0046% | 1h | 7.3800 | −0.135% | — | — | 5x | as long as short |
Aster ONDSUSDT
Binance ONDSUSDT
Bybit ONDSUSDT
OKX ONDS-USDT-SWAP
Gate ONDS_USDT
GRVT ONDS_USDT_Perp
SunX ONDS-USDT
HTX ONDS-USDT
Vest ONDS-USD-PERPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ONDSUSDTMlong | +0.0100% | 8h | 7.3900 | long leg | $79K | $578K | 20x |