Funding you earn now, next payment 08:00 UTC+0.0137%/8h= +15.0% APRnext payment +$1.37 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bitget−0.231%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$748as in the Funding arb table
Net, price: spread back to 7d avg − costs−$785as in the Price arb table
costs, in and out, $10k−$7647.643% of the position
Funding, last 7 days+0.165%+$17 on $10k
+Price spread, last 4 days (all we have)+0.243%+$24 · spread now −0.231%, 7d avg −0.022%
=Funding pays, the price is against you. KuCoin is 0.209% cheaper against Bitget than usual: you would sell low and buy high (spread −0.231% now, against its 7-day average of −0.022%). If the spread goes back, that is −$21 on $10k: about 5.1 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TERUSDT | 381.10 | −0.0037 | get 0.0037% / 8h | 2h 51m | $253K | $149K | 20x |
| Short | KuCoin TERUSDTM | 380.22 | 0.0100 | get 0.0100% / 8h | 2h 51m | $234K | $90K | 20x |
Bitget TERUSDT
KuCoin TERUSDTMFunding 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
- $28.77
- Price spread: −0.231% → −0.022%
- −$20.9
- Slippage, 4 orders
- −$740.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$756.4
- Costs to cover
- 7.643%
- Break-even
- 191.0 days
Slippage from Bitget: live order book, 58 min ago; KuCoin: live order book, 5 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, 58 min ago | 18.14 bp | 64.9 bp −$65 | 151.2 bp −$1,512 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 16.71 bp | 329.5 bp −$329 | doesn't fit | doesn't fit | doesn't fit |
TER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:TER | −0.0508% | 1h | 378.88 | −0.583% | $121K | $56K | 10x | as long as short |
| Bitget TERUSDTlong | −0.0037% | 8h | 381.10 | long leg | $253K | $149K | 20x | |
| Binance TERUSDT | 0.0000% | 8h | 380.79 | −0.082% | $557K | $830K | 25x | as long as short |
| Bybit TERUSDT | 0.0000% | 8h | 380.11 | −0.260% | $252K | $179K | 25x | as long as short |
| OKX TER-USDT-SWAP | 0.0000% | 8h | 380.46 | −0.168% | $202K | $170K | 20x | as long as short |
| Gate TER_USDT | 0.0000% | 8h | 380.30 | −0.210% | $294K | $212K | 20x | as long as short |
| Variational Omni TER | 0.0000% | 8h | 380.69 | −0.108% | $48K | $53K | — | as long as short |
| Extended TER_24_5-USD | +0.0040% | 1h | 379.01 | −0.548% | $36K | $4K | 10x | as long as short |
| KuCoin TERUSDTMshort | +0.0100% | 8h | 380.22 | −0.231% | $234K | $90K | 20x | |
| HTX TER-USDT | +0.0100% | 8h | 381.43 | +0.087% | $3K | $38K | 10x | as long as short |
Paragon para:TER
Binance TERUSDT
Bybit TERUSDT
OKX TER-USDT-SWAP
Gate TER_USDT
Variational Omni TER
Extended TER_24_5-USD
HTX TER-USDT