Funding you earn now, next payment 04:00 UTC+0.0556%/8h= +60.9% APRnext payment +$2.78 per $10,000 · paid last 24h −0.032%
Price spread now: KuCoin against Bitget−0.061%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1811.812% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 4 days (all we have)−0.200%−$20 · spread now −0.061%, 7d avg −0.018%
=Funding pays, the price is against you. KuCoin is 0.043% cheaper against Bitget than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of −0.018%). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$17 a day). Mind the row above: over the last 7 days funding on this pair cost −0.113%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.113% in total (about -5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.78 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 B2USDT | 0.4948 | 0.0630 | pay 0.0315% / 4h | 1h 58m | $2.7M | $1.2M | 50x |
| Short | KuCoin B2USDTM | 0.4945 | 0.1186 | get 0.0593% / 4h | 1h 58m | $1.0M | $296K | 50x |
Bitget B2USDT
KuCoin B2USDTMFunding 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
- $116.76
- Price spread: −0.061% → −0.018%
- −$4.28
- Slippage, 4 orders
- −$157.15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$68.67
- Costs to cover
- 1.812%
- Break-even
- 11.1 days
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 1 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, 4 min ago | 12.13 bp | 33.4 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 10.10 bp | 44.8 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
B2 on 9 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 B2USDT | +0.0100% | 4h | 0.4945 | −0.061% | $1.5M | $2.3M | 20x | as long as short |
| Bitget B2USDTlong | +0.0630% | 4h | 0.4948 | long leg | $2.7M | $1.2M | 50x | |
| MEXC B2_USDT | +0.0688% | 4h | 0.4953 | +0.101% | $561K | $411K | 100x | as long as short |
| Binance B2USDT | +0.0690% | 4h | 0.4956 | +0.155% | $8.0M | $11.0M | 50x | as long as short |
| BingX B2-USDT | +0.0702% | 4h | 0.4946 | −0.040% | — | $1.4M | — | as long as short |
| Variational Omni B2 | +0.0906% | 4h | 0.4943 | −0.098% | $14K | $2K | — | as long as short |
| Aster B2USDT | +0.0910% | 4h | 0.4939 | −0.182% | $154K | $166K | 5x | as long as short |
| KuCoin B2USDTMshort | +0.1186% | 4h | 0.4945 | −0.061% | $1.0M | $296K | 50x | |
| Gate B2_USDT | +0.2408% | 4h | 0.4952 | +0.081% | $857K | $332K | 20x | as long as short |
Bybit B2USDT
MEXC B2_USDT
Binance B2USDT
BingX B2-USDT
Variational Omni B2
Aster B2USDT
Gate B2_USDT