Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.015%
Price spread now: KuCoin against Bitget−0.026%7-day average +0.193% · you buy dearer than you sell
Net, funding: paid 7d − costs−$847as in the Funding arb table
Net, price: spread back to 7d avg − costs−$886as in the Price arb table
costs, in and out, $10k−$8648.637% of the position
Funding, last 7 days+0.168%+$17 on $10k
+Price spread, last 7 days+0.100%+$10 · spread now −0.026%, 7d avg +0.193%
=Funding pays, the price is against you. KuCoin is 0.218% cheaper against Bitget than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of +0.193%). If the spread goes back, that is −$22 on $10k: about 7.3 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SHEINHKDUSDT | 38.860 | 0 | get 0.0000% / 8h | 1h 24m | $320K | $1.5M | 20x |
| Short | KuCoin SHEINHKDUSDTM | 38.850 | 0.0100 | get 0.0100% / 8h | 1h 24m | $17K | $2.6M | 20x |
Bitget SHEINHKDUSDT
KuCoin SHEINHKDUSDTMFunding 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: −0.026% → +0.193%
- −$21.84
- Slippage, 4 orders
- −$839.71
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$864.55
- Costs to cover
- 8.637%
- Break-even
- 295.2 days
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 2 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, 2 min ago | 15.44 bp | 23.5 bp −$24 | 26.6 bp −$266 | 107.0 bp −$10.7K | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 5.15 bp | 366.1 bp −$366 | doesn't fit | doesn't fit | doesn't fit |
SHEINHKD 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 SHEINHKDUSDTlong | 0.0000% | 8h | 38.860 | long leg | $320K | $1.5M | 20x | |
| KuCoin SHEINHKDUSDTMshort | +0.0100% | 8h | 38.850 | −0.026% | $17K | $2.6M | 20x |