Funding you earn now, next payment 08:00 UTC+0.0428%/8h= +46.9% APRnext payment +$2.14 per $10,000 · paid last 24h +0.015%
Price spread now: Bitget against KuCoin+0.010%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$757as in the Funding arb table
Net, price: spread back to 7d avg − costs−$753as 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+0.102%+$10 · spread now +0.010%, 7d avg −0.011%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bitget is 0.021% dearer against KuCoin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.011%.
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 +$2.14 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 | KuCoin BUSDTM | 0.2000 | 0.0100 | pay 0.0050% / 4h | 2h 29m | $1.8M | $80K | 10x |
| Short | Bitget BUSDT | 0.2000 | 0.0528 | get 0.0264% / 4h | 2h 29m | $2.7M | $317K | 10x |
KuCoin BUSDTM
Bitget BUSDTFunding 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
- $89.88
- Price spread: +0.010% → −0.011%
- $2.08
- Slippage, 4 orders
- −$731.33
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$663.37
- Costs to cover
- 7.553%
- Break-even
- 58.7 days
Slippage from KuCoin: live order book, 2 min ago; Bitget: live order book, 3 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, 2 min ago | 17.01 bp | 458.6 bp −$459 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 5.00 bp | 31.0 bp −$31 | 186.1 bp −$1,861 | 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 | 0.2000 | +0.020% | $1.8M | $950K | 13x | as long as short |
| Gate B_USDT | +0.0100% | 4h | 0.2000 | +0.010% | $3.4M | $631K | 20x | as long as short |
| KuCoin BUSDTMlong | +0.0100% | 4h | 0.2000 | long leg | $1.8M | $80K | 10x | |
| BloFin B-USDT | +0.0321% | 4h | 0.1998 | −0.090% | $598K | $37K | 20x | as long as short |
| Extended B-USD | +0.0368% | 1h | 0.2004 | +0.189% | $15K | $198K | 5x | as long as short |
| MEXC B_USDT | +0.0370% | 4h | 0.2004 | +0.210% | $966K | $376K | 100x | as long as short |
| Binance BUSDT | +0.0371% | 4h | 0.2004 | +0.217% | $11.6M | $2.0M | 20x | as long as short |
| edgeX BUSDC | +0.0382% | 4h | 0.2000 | +0.034% | $3K | $390K | 5x | as long as short |
| BingX B-USDT | +0.0506% | 4h | 0.1999 | −0.040% | — | $1.3M | — | as long as short |
| Bitget BUSDTshort | +0.0528% | 4h | 0.2000 | +0.010% | $2.7M | $317K | 10x |
Bybit BUSDT
Gate B_USDT
BloFin B-USDT
Extended B-USD
MEXC B_USDT
Binance BUSDT
edgeX BUSDC
BingX B-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1025% | 4h | 0.2003 | +0.166% | $1.9M | $224K | 5x | as long as short |
Aster BUSDT