Settings8H · net · $10k
Funding arb · Price arb /

V

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.072%+$7 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget VUSDT369.350get 0.0000% / 8h3h 29m$122K$11K20x
ShortKuCoin VUSDTM368.330.0024get 0.0024% / 8h3h 29m$291K$797K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 14 min ago9.62 bp27.4 bp −$2739.2 bp −$392doesn't fitdoesn't fit
Sell KuCoin live order book, 50 min ago45.54 bp548.1 bp −$548doesn't fitdoesn't fitdoesn't fit

V on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX VUSDC−0.0471%4h368.89−0.124%$192K$180K10xas long as short
Injective V/USDC PERP−0.0220%1h331.39−10.278%$16K$30K12xas long as short
Aster VUSDT0.0000%8h369.24−0.029%$17K$6K20xas long as short
Binance VUSDT0.0000%8h369.25−0.027%$597K$269K20xas long as short
Bybit VUSDT0.0000%8h368.85−0.135%$127K$10K25xas long as short
Gate V_USDT0.0000%8h369.20−0.041%$190K$5K20xas long as short
Bitget VUSDTlong0.0000%8h369.35long leg$122K$11K20x
SunX V-USDT0.0000%8h368.88−0.127%$1K$626K10xas long as short
HTX V-USDT0.0000%8h369.33−0.005%$6K$32K20xas long as short
GRVT V_USDT_Perp+0.0023%8h369.00−0.094%$11K$156K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin VUSDTMshort+0.0024%8h368.33−0.276%$291K$797K20x