Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.044%
Price spread now: Bitget against KuCoin+0.137%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$358as in the Funding arb table
Net, price: spread back to 7d avg − costs−$320as in the Price arb table
costs, in and out, $10k−$3393.393% of the position
Funding, last 7 days−0.182%−$18 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.137%, 7d avg −0.060%
=The price spread pays, funding is against you. Bitget is 0.197% dearer against KuCoin than usual: you sell high and buy low (spread +0.137% now, against its 7-day average of −0.060%): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TENCENTUSDTM | 58.390 | 0.0100 | pay 0.0050% / 4h | 19m 02s | $123K | $680K | 20x |
| Short | Bitget TENCENTUSDT | 58.470 | 0 | get 0.0000% / 8h | 4h 19m | $1.2M | $2.9M | 20x |
KuCoin TENCENTUSDTM
Bitget TENCENTUSDTFunding 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: +0.137% → −0.060%
- $19.71
- Slippage, 4 orders
- −$315.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$340.6
- Costs to cover
- 3.393%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 65 min ago; Bitget: live order book, 3 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, 65 min ago | 14.58 bp | 142.8 bp −$143 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.57 bp | 24.9 bp −$25 | 37.0 bp −$370 | doesn't fit | doesn't fit |
TENCENT on 9 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 TENCENTUSDT | 0.0000% | 8h | 58.511 | +0.207% | $46K | $11K | 20x | as long as short |
| Binance TENCENTUSDT | 0.0000% | 4h | 58.530 | +0.239% | $2.8M | $4.2M | 25x | as long as short |
| Bybit TENCENTUSDT | 0.0000% | 8h | 58.480 | +0.154% | $246K | $253K | 25x | as long as short |
| Gate TENCENT_USDT | 0.0000% | 8h | 58.520 | +0.223% | $1.7M | $621K | 25x | as long as short |
| Bitget TENCENTUSDTshort | 0.0000% | 8h | 58.470 | +0.137% | $1.2M | $2.9M | 20x | |
| HTX TENCENT-USDT | 0.0000% | 4h | 58.600 | +0.360% | $10K | $41K | 10x | as long as short |
| KuCoin TENCENTUSDTMlong | +0.0100% | 4h | 58.390 | long leg | $123K | $680K | 20x | |
| edgeX TENCENTUSDC | +0.0535% | 4h | 58.564 | +0.298% | $121K | $211K | 10x | as long as short |
| Lighter TENCENT | +0.0536% | 1h | 58.741 | +0.601% | $68K | $4K | 10x | as long as short |
Aster TENCENTUSDT
Binance TENCENTUSDT
Bybit TENCENTUSDT
Gate TENCENT_USDT
HTX TENCENT-USDT
edgeX TENCENTUSDC
Lighter TENCENT