Funding you earn now, next payment 16:00 UTC+0.0402%/8h= +44.0% APRnext payment +$4.02 per $10,000 · paid last 24h +0.067%
Price spread now: KuCoin against Bitget+0.130%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2762.760% of the position
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.130%, 7d avg −0.032%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and KuCoin is 0.162% dearer against Bitget than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.032%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.171% in total (about 8.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.02 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WDCUSDT | 438.05 | −0.0302 | get 0.0302% / 8h | 7h 31m | $1.1M | $1.1M | 20x |
| Short | KuCoin WDCUSDTM | 438.62 | 0.0100 | get 0.0100% / 8h | 7h 31m | $270K | $95K | 20x |
Bitget WDCUSDT
KuCoin WDCUSDTMFunding 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
- $84.42
- Price spread: +0.130% → −0.032%
- $16.24
- Slippage, 4 orders
- −$251.96
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$175.3
- Costs to cover
- 2.760%
- Break-even
- 21.5 days
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 61 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, 5 min ago | 3.98 bp | 15.8 bp −$16 | 44.3 bp −$443 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 61 min ago | 17.15 bp | 127.9 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
WDC on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget WDCUSDTlong | −0.0302% | 8h | 438.05 | long leg | $1.1M | $1.1M | 20x | |
| edgeX WDCUSDC | −0.0195% | 4h | 438.92 | +0.198% | $49K | $230K | 10x | as long as short |
| BloFin WDC-USDT | −0.0010% | 8h | 438.97 | +0.210% | $139K | $95K | 20x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 439.01 | +0.219% | $10K | $136K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 438.27 | +0.051% | $2K | $188K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 438.35 | +0.068% | $7.2M | $26.0M | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 438.44 | +0.089% | $1.8M | $717K | 25x | as long as short |
| OKX WDC-USDT-SWAP | 0.0000% | 8h | 438.06 | +0.002% | $2.0M | $4.4M | 20x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 438.10 | +0.011% | $1.9M | $2.4M | 50x | as long as short |
| GRVT WDC_USDT_Perp | 0.0000% | 8h | 439.90 | +0.422% | $515 | $143K | 10x | as long as short |
edgeX WDCUSDC
BloFin WDC-USDT
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Bybit WDCUSDT
OKX WDC-USDT-SWAP
Gate WDC_USDT
GRVT WDC_USDT_PerpShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX WDC-USD | +0.0028% | 1h | 437.79 | −0.059% | $1.1M | $3.0M | 10x | as long as short |
| Lighter WDC | +0.0032% | 1h | 437.89 | −0.037% | — | — | 10x | as long as short |
| tradeXYZ xyz:WDC | +0.0050% | 1h | 438.08 | +0.007% | $2.3M | $2.1M | 10x | as long as short |
| KuCoin WDCUSDTMshort | +0.0100% | 8h | 438.62 | +0.130% | $270K | $95K | 20x | |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 438.48 | +0.098% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 437.80 | −0.057% | — | $2.3M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 439.08 | +0.235% | $32K | $9K | 20x | as long as short |
QFEX WDC-USD
Lighter WDC
tradeXYZ xyz:WDC
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT