Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.115%
Price spread now: Bitget against KuCoin−0.070%7-day average +0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,904as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,928as in the Price arb table
costs, in and out, $10k−$1,91019.100% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)+0.244%+$24 · spread now −0.070%, 7d avg +0.106%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.176% cheaper against KuCoin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.106%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.062%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin VUSDTM | 369.57 | 0.0100 | pay 0.0100% / 8h | 6h 19m | $266K | $957K | 20x |
| Short | Bitget VUSDT | 369.31 | 0 | get 0.0000% / 8h | 6h 19m | $121K | $11K | 20x |
KuCoin VUSDTM
Bitget VUSDTFunding 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: −0.070% → +0.106%
- −$17.59
- Slippage, 4 orders
- −$1,885.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,948.58
- Costs to cover
- 19.100%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 27 min ago; Bitget: live order book, 26 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, 27 min ago | 15.83 bp | 1018.0 bp −$1,018 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 26 min ago | 13.67 bp | 50.1 bp −$50 | 63.2 bp −$632 | doesn't fit | doesn't fit |
V on 11 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 VUSDC | −0.0792% | 4h | 369.28 | −0.079% | $192K | $180K | 10x | as long as short |
| Injective V/USDC PERP | −0.0220% | 1h | 332.33 | −10.077% | $16K | $30K | 12x | as long as short |
| Aster VUSDT | 0.0000% | 8h | 369.56 | −0.003% | $17K | $6K | 20x | as long as short |
| Binance VUSDT | 0.0000% | 8h | 369.25 | −0.087% | $603K | $261K | 20x | as long as short |
| Bybit VUSDT | 0.0000% | 8h | 369.27 | −0.081% | $123K | $12K | 25x | as long as short |
| Gate V_USDT | 0.0000% | 8h | 369.10 | −0.127% | $189K | $5K | 20x | as long as short |
| Bitget VUSDTshort | 0.0000% | 8h | 369.31 | −0.070% | $121K | $11K | 20x | |
| GRVT V_USDT_Perp | 0.0000% | 8h | 369.31 | −0.070% | $11K | $135K | 10x | as long as short |
| SunX V-USDT | 0.0000% | 8h | 370.40 | +0.225% | $1K | $540K | 10x | as long as short |
| HTX V-USDT | 0.0000% | 8h | 369.26 | −0.084% | $6K | $32K | 20x | as long as short |
edgeX VUSDC
Injective V/USDC PERP
Aster VUSDT
Binance VUSDT
Bybit VUSDT
Gate V_USDT
GRVT V_USDT_Perp
SunX V-USDT
HTX V-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin VUSDTMlong | +0.0100% | 8h | 369.57 | long leg | $266K | $957K | 20x |