Funding you earn now, next payment 04:00 UTC+0.0978%/8h= +107.1% APRnext payment +$4.89 per $10,000 · paid last 24h +0.021%
Price spread now: KuCoin against Bitget+0.387%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,170as in the Price arb table
costs, in and out, $10k−$1,19811.981% of the position
Funding, last 7 days+0.115%+$11 on $10k
+Price spread, last 7 days−0.155%−$15 · spread now +0.387%, 7d avg +0.106%
=Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and KuCoin is 0.281% dearer against Bitget than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.106%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.115% in total (about 6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.89 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 AEONUSDT | 0.05937 | 0.0100 | pay 0.0050% / 4h | 1h 03m | $2.1M | $716K | 20x |
| Short | KuCoin AEONUSDTM | 0.05960 | 0.1078 | get 0.0539% / 4h | 1h 03m | $1.0M | $1.6M | 20x |
Bitget AEONUSDT
KuCoin AEONUSDTMFunding 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
- $205.38
- Price spread: +0.387% → +0.106%
- $28.11
- Slippage, 4 orders
- −$1,174.14
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$964.65
- Costs to cover
- 11.981%
- Break-even
- 39.9 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 2 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 | 13.42 bp | 82.8 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 8.42 bp | 498.6 bp −$499 | doesn't fit | doesn't fit | doesn't fit |
AEON on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AEONUSDT | +0.0100% | 1h | 0.05935 | −0.029% | $34K | $29K | 5x | as long as short |
| Bybit AEONUSDT | +0.0100% | 4h | 0.05945 | +0.135% | $484K | $150K | 25x | as long as short |
| Gate AEON_USDT | +0.0100% | 4h | 0.05978 | +0.691% | $581K | $241K | 20x | as long as short |
| Bitget AEONUSDTlong | +0.0100% | 4h | 0.05937 | long leg | $2.1M | $716K | 20x | |
| KuCoin AEONUSDTMshort | +0.1078% | 4h | 0.05960 | +0.387% | $1.0M | $1.6M | 20x | |
| OKX AEON-USDT-SWAP | +0.1327% | 4h | 0.05953 | +0.269% | $1.7M | $5.4M | 20x | as long as short |
Aster AEONUSDT
Bybit AEONUSDT
Gate AEON_USDT
OKX AEON-USDT-SWAP