Funding arb · Price arb /

CC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bitget+0.153%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$453as in the Funding arb table

Net, price: spread back to 7d avg − costs−$440as in the Price arb table

costs, in and out, $10k−$4554.552% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.153%, 7d avg +0.004%

Together, before fees−0.156%−$16 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.149% dearer against Bitget than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CCUSDT	0.1178	0.0100	pay 0.0050% / 4h	1h 58m	$924K	$796K	20x
Short	KuCoin CCUSDTM	0.1180	0.0100	get 0.0050% / 4h	1h 58m	$485K	$121K	50x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now +0.153%Rate

Funding earned: $0
Price spread: +0.153% → +0.004%: $14.91
Slippage, 4 orders: −$431.22
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$440.31
Costs to cover: 4.552%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 39 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, 2 min ago	2.97 bp	36.7 bp −$37	91.9 bp −$919	doesn't fit	doesn't fit
Sell KuCoin live order book, 39 min ago	15.35 bp	181.2 bp −$181	doesn't fit	doesn't fit	doesn't fit

CC on 18 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
Injective CC/USDC PERP	−0.4093%	1h	0.1173	−0.416%	$6K	$96	5.5x	as long as short
Bybit CCUSDT	−0.0219%	4h	0.1177	−0.034%	$10.7M	$3.9M	25x	as long as short
MEXC CC_USDT	−0.0210%	4h	0.1178	−0.008%	$1.6M	$311K	100x	as long as short
Paradex CC-USD-PERP	+0.0094%	8h	0.1178	+0.017%	$1K	—	5x	as long as short
Aster CCUSDT	+0.0100%	4h	0.1177	−0.046%	$35K	$39K	20x	as long as short
Binance CCUSDT	+0.0100%	4h	0.1177	−0.070%	$11.1M	$12.0M	75x	as long as short
OKX CC-USDT-SWAP	+0.0100%	4h	0.1177	−0.059%	$2.6M	$3.5M	20x	as long as short
Gate CC_USDT	+0.0100%	4h	0.1179	+0.059%	$366K	$216K	50x	as long as short
KuCoin CCUSDTMshort	+0.0100%	4h	0.1180	+0.153%	$485K	$121K	50x
Bitget CCUSDTlong	+0.0100%	4h	0.1178	long leg	$924K	$796K	20x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX CC-USDT	+0.0100%	4h	0.1178	−0.017%	—	$6.6M	—	as long as short
Backpack CC_USDC_PERP	+0.0100%	1h	0.1177	−0.068%	$15K	$22K	10x	as long as short
Variational Omni CC	+0.0100%	4h	0.1180	+0.186%	$601K	$55K	—	as long as short
GRVT CC_USDT_Perp	+0.0100%	4h	0.1185	+0.587%	$91K	$2.3M	10x	as long as short
Derive CC-PERP	+0.0100%	1h	0.1176	−0.142%	$6K	$36K	6.7x	as long as short
Hyperliquid CC	+0.0164%	1h	0.1181	+0.263%	$5.5M	$1.4M	3x	as long as short
GMX CC/USD [WBTC.b-USDC]	L +0.0449% / S −0.0241%	1h	0.1178	+0.004%	$44K	—	50x	as long as short
Lighter CC	+0.0664%	1h	0.1183	+0.399%	$238K	$154K	5x	as long as short