Funding you earn now, next payment 00:00 UTC+0.0304%/8h= +33.3% APRnext payment +$1.52 per $10,000 · paid last 24h +0.021%
Price spread now: KuCoin against Bitget+0.109%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1081.083% of the position
Funding, last 7 days+1.021%+$102 on $10k
+Price spread, last 7 days+0.111%+$11 · spread now +0.109%, 7d avg +0.063%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and KuCoin is 0.046% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CVCUSDT | 0.02741 | −0.0204 | get 0.0102% / 4h | 1h 07m | $464K | $475K | 50x |
| Short | KuCoin CVCUSDTM | 0.02744 | 0.0100 | get 0.0050% / 4h | 1h 07m | $1.4M | $394K | 30x |
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
- $63.84
- Price spread: +0.109% → +0.063%
- $4.63
- Slippage, 4 orders
- −$84.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$39.85
- Costs to cover
- 1.083%
- Break-even
- 11.4 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: 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 Bitget live order book, 3 min ago | 1.83 bp | 17.4 bp −$17 | 68.0 bp −$680 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 3.64 bp | 35.2 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
CVC on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDT | −0.0722% | 4h | 0.02742 | +0.036% | $211K | $312K | 25x | as long as short |
| BingX CVC-USDT | −0.0210% | 4h | 0.02735 | −0.219% | — | $2.4M | — | as long as short |
| Bitget CVCUSDTlong | −0.0204% | 4h | 0.02741 | long leg | $464K | $475K | 50x | |
| Binance CVCUSDT | −0.0037% | 4h | 0.02740 | −0.030% | $3.0M | $5.7M | 50x | as long as short |
| MEXC CVC_USDT | −0.0034% | 4h | 0.02740 | −0.036% | $653K | $125K | 20x | as long as short |
| Bybit CVCUSDT | +0.0100% | 1h | 0.02722 | −0.693% | $1.7M | $1.4M | 25x | as long as short |
| KuCoin CVCUSDTMshort | +0.0100% | 4h | 0.02744 | +0.109% | $1.4M | $394K | 30x | |
| Variational Omni CVC | +0.0100% | 1h | 0.02722 | −0.707% | $1K | $370 | — | as long as short |
Bitget CVCUSDT
KuCoin CVCUSDTM
Gate CVC_USDT
BingX CVC-USDT
Binance CVCUSDT
MEXC CVC_USDT
Bybit CVCUSDT
Variational Omni CVC