Funding you earn now, next payment 08:00 UTC−0.0426%/8h= −46.6% APRnext payment −$2.13 per $10,000 · paid last 24h −0.015%
Price spread now: KuCoin against Bitget−0.005%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$754as in the Funding arb table
Net, price: spread back to 7d avg − costs−$757as in the Price arb table
costs, in and out, $10k−$7557.553% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days−0.107%−$11 · spread now −0.005%, 7d avg +0.011%
=The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.013% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.13 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 BUSDT | 0.1999 | 0.0526 | pay 0.0263% / 4h | 2h 27m | $2.7M | $317K | 10x |
| Short | KuCoin BUSDTM | 0.1999 | 0.0100 | get 0.0050% / 4h | 2h 27m | $1.8M | $80K | 10x |
Funding 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
- −$89.46
- Price spread: −0.005% → +0.011%
- −$1.58
- Slippage, 4 orders
- −$731.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$846.37
- Costs to cover
- 7.553%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 4 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 | 5.00 bp | 25.3 bp −$25 | 345.0 bp −$3,450 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 17.01 bp | 240.4 bp −$240 | doesn't fit | doesn't fit | doesn't fit |
B on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BUSDT | +0.0100% | 4h | 0.1998 | −0.075% | $1.8M | $950K | 13x | as long as short |
| Gate B_USDT | +0.0100% | 4h | 0.1996 | −0.150% | $3.4M | $631K | 20x | as long as short |
| KuCoin BUSDTMshort | +0.0100% | 4h | 0.1999 | −0.005% | $1.8M | $80K | 10x | |
| edgeX BUSDC | +0.0361% | 4h | 0.2004 | +0.237% | $3K | $387K | 5x | as long as short |
| Extended B-USD | +0.0368% | 1h | 0.2000 | +0.054% | $15K | $198K | 5x | as long as short |
| MEXC B_USDT | +0.0370% | 4h | 0.2000 | +0.050% | $965K | $376K | 100x | as long as short |
| Binance BUSDT | +0.0370% | 4h | 0.2001 | +0.100% | $11.6M | $2.0M | 20x | as long as short |
| BloFin B-USDT | +0.0378% | 4h | 0.2001 | +0.100% | $595K | $37K | 20x | as long as short |
| BingX B-USDT | +0.0502% | 4h | 0.2000 | +0.050% | — | $1.3M | — | as long as short |
| Bitget BUSDTlong | +0.0526% | 4h | 0.1999 | long leg | $2.7M | $317K | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1021% | 4h | 0.2001 | +0.095% | $1.9M | $224K | 5x | as long as short |
Bitget BUSDT
KuCoin BUSDTM
Bybit BUSDT
Gate B_USDT
edgeX BUSDC
Extended B-USD
MEXC B_USDT
Binance BUSDT
BloFin B-USDT
BingX B-USDT
Aster BUSDT