Settings8H · net · $10k
Funding arb · Price arb /

CP

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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+0.217%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$397as in the Funding arb table
Net, price: spread back to 7d avg − costs−$383as in the Price arb table
costs, in and out, $10k−$3963.956% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 7 days−0.075%−$8 · spread now +0.217%, 7d avg +0.094%
Together, before fees−0.094%−$9 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 0.123% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.094%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CPUSDT0.013850.0100pay 0.0050% / 4h1h 53m$788K$1.5M20x
ShortKuCoin CPUSDTM0.013880.0100get 0.0050% / 4h1h 53m$199K$894K20x

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

Funding earned
$0
Price spread: +0.217% → +0.094%
$12.28
Slippage, 4 orders
−$371.59
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$383.31
Costs to cover
3.956%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago6.82 bp34.3 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago7.20 bp170.8 bp −$171doesn't fitdoesn't fitdoesn't fit

CP on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CP-USDT+0.0070%4h0.013850.000%$1.0Mas long as short
Bybit CPUSDT+0.0100%4h0.01384−0.072%$1.4M$2.4M20xas long as short
OKX CP-USDT-SWAP+0.0100%4h0.013850.000%$3.9M$10.9M20xas long as short
Gate CP_USDT+0.0100%4h0.01386+0.072%$583K$513K20xas long as short
MEXC CP_USDT+0.0100%4h0.01384−0.072%$1.5M$357K20xas long as short
KuCoin CPUSDTMshort+0.0100%4h0.01388+0.217%$199K$894K20x
Bitget CPUSDTlong+0.0100%4h0.01385long leg$788K$1.5M20x