Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h −0.116%
Price spread now: KuCoin against Bitget−0.276%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,020as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,029as in the Price arb table
costs, in and out, $10k−$1,01210.117% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.276%, 7d avg −0.099%
=Funding pays, the price is against you. KuCoin is 0.177% cheaper against Bitget than usual: you would sell low and buy high (spread −0.276% now, against its 7-day average of −0.099%). If the spread goes back, that is −$18 on $10k: about 25 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.084%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VUSDT | 369.35 | 0 | get 0.0000% / 8h | 3h 29m | $122K | $11K | 20x |
| Short | KuCoin VUSDTM | 368.33 | 0.0024 | get 0.0024% / 8h | 3h 29m | $291K | $797K | 20x |
Funding 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
- $5.04
- Price spread: −0.276% → −0.099%
- −$17.73
- Slippage, 4 orders
- −$987.73
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,024.42
- Costs to cover
- 10.117%
- Break-even
- 1429.8 days
Slippage from Bitget: live order book, 14 min ago; KuCoin: live order book, 50 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, 14 min ago | 9.62 bp | 27.4 bp −$27 | 39.2 bp −$392 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 50 min ago | 45.54 bp | 548.1 bp −$548 | doesn't fit | doesn't fit | doesn't fit |
V 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX VUSDC | −0.0471% | 4h | 368.89 | −0.124% | $192K | $180K | 10x | as long as short |
| Injective V/USDC PERP | −0.0220% | 1h | 331.39 | −10.278% | $16K | $30K | 12x | as long as short |
| Aster VUSDT | 0.0000% | 8h | 369.24 | −0.029% | $17K | $6K | 20x | as long as short |
| Binance VUSDT | 0.0000% | 8h | 369.25 | −0.027% | $597K | $269K | 20x | as long as short |
| Bybit VUSDT | 0.0000% | 8h | 368.85 | −0.135% | $127K | $10K | 25x | as long as short |
| Gate V_USDT | 0.0000% | 8h | 369.20 | −0.041% | $190K | $5K | 20x | as long as short |
| Bitget VUSDTlong | 0.0000% | 8h | 369.35 | long leg | $122K | $11K | 20x | |
| SunX V-USDT | 0.0000% | 8h | 368.88 | −0.127% | $1K | $626K | 10x | as long as short |
| HTX V-USDT | 0.0000% | 8h | 369.33 | −0.005% | $6K | $32K | 20x | as long as short |
| GRVT V_USDT_Perp | +0.0023% | 8h | 369.00 | −0.094% | $11K | $156K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin VUSDTMshort | +0.0024% | 8h | 368.33 | −0.276% | $291K | $797K | 20x |
Bitget VUSDT
KuCoin VUSDTM
edgeX VUSDC
Injective V/USDC PERP
Aster VUSDT
Binance VUSDT
Bybit VUSDT
Gate V_USDT
SunX V-USDT
HTX V-USDT
GRVT V_USDT_Perp