Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.06 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against KuCoin+0.214%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,112as in the Price arb table
costs, in and out, $10k−$1,12611.263% of the position
Funding, last 7 days−0.328%−$33 on $10k
+Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.214%, 7d avg +0.067%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.147% dearer against KuCoin than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XIAOMIHKDUSDTM | 27.550 | 0.0176 | pay 0.0176% / 8h | 4h 17m | $27K | $168K | 20x |
| Short | Bitget XIAOMIHKDUSDT | 27.609 | 0.0170 | get 0.0170% / 8h | 4h 17m | $787K | $1.8M | 20x |
KuCoin XIAOMIHKDUSDTM
Bitget XIAOMIHKDUSDTFunding 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
- −$1.26
- Price spread: +0.214% → +0.067%
- $14.67
- Slippage, 4 orders
- −$1,102.27
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,112.86
- Costs to cover
- 11.263%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 63 min ago; Bitget: live order book, 5 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, 63 min ago | 27.00 bp | 641.3 bp −$641 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.81 bp | 52.9 bp −$53 | 62.9 bp −$629 | 105.6 bp −$10.6K | 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 XIAOMIHKDUSDTshort | +0.0170% | 8h | 27.609 | +0.214% | $787K | $1.8M | 20x | |
| KuCoin XIAOMIHKDUSDTMlong | +0.0176% | 8h | 27.550 | long leg | $27K | $168K | 20x | |
| Gate XIAOMIHKD_USDT | +0.0200% | 8h | 27.590 | +0.145% | $463K | $220K | 20x | as long as short |
Gate XIAOMIHKD_USDT