Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bitget−0.102%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$789as in the Funding arb table
Net, price: spread back to 7d avg − costs−$825as in the Price arb table
costs, in and out, $10k−$8228.217% of the position
Funding, last 7 days+0.328%+$33 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.102%, 7d avg −0.067%
=Funding pays, the price is against you. KuCoin is 0.034% cheaper against Bitget than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of −0.067%). If the spread goes back, that is −$3 on $10k: about 5.7 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.328% in total) that is about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XIAOMIHKDUSDT | 27.578 | 0.0110 | pay 0.0110% / 8h | 3h 48m | $785K | $1.7M | 20x |
| Short | KuCoin XIAOMIHKDUSDTM | 27.550 | 0.0130 | get 0.0130% / 8h | 3h 48m | $27K | $166K | 20x |
Bitget XIAOMIHKDUSDT
KuCoin XIAOMIHKDUSDTMFunding 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
- $4.2
- Price spread: −0.102% → −0.067%
- −$3.43
- Slippage, 4 orders
- −$797.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$820.89
- Costs to cover
- 8.217%
- Break-even
- 1375.1 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 22 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, 3 min ago | 2.36 bp | 44.0 bp −$44 | 49.8 bp −$498 | 90.2 bp −$9,024 | doesn't fit |
| Sell KuCoin live order book, 22 min ago | 27.07 bp | 384.3 bp −$384 | doesn't fit | doesn't fit | doesn't fit |
XIAOMIHKD on 3 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 XIAOMIHKDUSDTlong | +0.0110% | 8h | 27.578 | long leg | $785K | $1.7M | 20x | |
| KuCoin XIAOMIHKDUSDTMshort | +0.0130% | 8h | 27.550 | −0.102% | $27K | $166K | 20x | |
| Gate XIAOMIHKD_USDT | +0.0200% | 8h | 27.600 | +0.080% | $464K | $203K | 20x | as long as short |
Gate XIAOMIHKD_USDT