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

DEEP

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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: Bitget against KuCoin−0.302%7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$552as in the Funding arb table
Net, price: spread back to 7d avg − costs−$566as in the Price arb table
costs, in and out, $10k−$5505.505% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.302%, 7d avg −0.146%
Together, before fees+0.115%+$11 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: Bitget is 0.155% cheaper against KuCoin than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.146%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DEEPUSDTM0.019900.0100pay 0.0050% / 4h2h 03m$1.8M$92K20x
ShortBitget DEEPUSDT0.019840.0100get 0.0050% / 4h2h 03m$820K$601K50x

Funding 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 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: −0.302% → −0.146%
−$15.52
Slippage, 4 orders
−$526.46
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$565.98
Costs to cover
5.505%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bitget: live order book, 62 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 KuCoin live order book, 3 min ago15.17 bp160.5 bp −$161doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 62 min ago4.88 bp33.6 bp −$34185.6 bp −$1,856doesn't fitdoesn't fit

DEEP on 11 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
Binance DEEPUSDT+0.0100%4h0.01982−0.379%$2.1M$6.2M50xas long as short
Bybit DEEPUSDT+0.0100%8h0.01979−0.553%$4.3M$2.7M50xas long as short
Gate DEEP_USDT+0.0100%4h0.01978−0.603%$306K$98K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01982−0.402%$1.1M$543K100xas long as short
KuCoin DEEPUSDTMlong+0.0100%4h0.01990long leg$1.8M$92K20x
Bitget DEEPUSDTshort+0.0100%4h0.01984−0.302%$820K$601K50x
BingX DEEP-USDT+0.0100%4h0.01982−0.402%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01970−1.022%$13K$9Kas long as short
Extended DEEP-USD+0.0104%1h0.01980−0.479%$3K$199K5xas long as short
Bluefin DEEP-PERP+0.0227%1h0.01979−0.553%$81K$13K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_DEEPUSD+2.4334%1h0.01986−0.219%$7K$7K10xas long as short