Funding you earn now, next payment 12:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.030%
Price spread now: KuCoin against Bitget−0.156%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$298as in the Funding arb table
Net, price: spread back to 7d avg − costs−$337as in the Price arb table
costs, in and out, $10k−$3163.161% of the position
Funding, last 7 days+0.182%+$18 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.156%, 7d avg +0.054%
=Funding pays, the price is against you. KuCoin is 0.211% cheaper against Bitget than usual: you would sell low and buy high (spread −0.156% now, against its 7-day average of +0.054%). If the spread goes back, that is −$21 on $10k: about 7.6 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 TENCENTUSDT | 57.510 | 0 | get 0.0000% / 8h | 5h 53m | $1.2M | $1.5M | 20x |
| Short | KuCoin TENCENTUSDTM | 57.420 | 0.0092 | get 0.0046% / 4h | 1h 53m | $120K | $798K | 20x |
Bitget TENCENTUSDT
KuCoin TENCENTUSDTMFunding 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
- $19.32
- Price spread: −0.156% → +0.054%
- −$21.08
- Slippage, 4 orders
- −$292.05
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$317.82
- Costs to cover
- 3.161%
- Break-even
- 122.2 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 53 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, 1 min ago | 2.61 bp | 22.4 bp −$22 | 42.0 bp −$420 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 53 min ago | 14.79 bp | 89.7 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
TENCENT on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TENCENTUSDC | −0.0438% | 4h | 57.482 | −0.049% | $118K | $214K | 10x | as long as short |
| Aster TENCENTUSDT | 0.0000% | 8h | 57.573 | +0.110% | $44K | $12K | 20x | as long as short |
| Binance TENCENTUSDT | 0.0000% | 4h | 57.530 | +0.035% | $2.9M | $5.1M | 25x | as long as short |
| Bybit TENCENTUSDT | 0.0000% | 8h | 57.510 | 0.000% | $251K | $154K | 25x | as long as short |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.530 | +0.035% | $1.6M | $676K | 25x | as long as short |
| Bitget TENCENTUSDTlong | 0.0000% | 8h | 57.510 | long leg | $1.2M | $1.5M | 20x | |
| HTX TENCENT-USDT | 0.0000% | 4h | 57.640 | +0.226% | $10K | $46K | 10x | as long as short |
| Lighter TENCENT | +0.0032% | 1h | 57.883 | +0.649% | $62K | $10K | 10x | as long as short |
| KuCoin TENCENTUSDTMshort | +0.0092% | 4h | 57.420 | −0.156% | $120K | $798K | 20x |
edgeX TENCENTUSDC
Aster TENCENTUSDT
Binance TENCENTUSDT
Bybit TENCENTUSDT
Gate TENCENT_USDT
HTX TENCENT-USDT
Lighter TENCENT