Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.061%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$950as in the Funding arb table
Net, price: spread back to 7d avg − costs−$974as in the Price arb table
costs, in and out, $10k−$9649.639% of the position
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 4 days (all we have)+0.123%+$12 · spread now −0.061%, 7d avg +0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.099% cheaper against Bitget than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ESPUSDT | 0.09507 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $972K | $147K | 20x |
| Short | KuCoin ESPUSDTM | 0.09501 | 0.0100 | get 0.0050% / 4h | 2h 55m | $1.5M | $35K | 25x |
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
- $0
- Price spread: −0.061% → +0.038%
- −$9.88
- Slippage, 4 orders
- −$939.86
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$973.74
- Costs to cover
- 9.639%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 35 min ago; KuCoin: live order book, 10 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, 35 min ago | 9.03 bp | 17.0 bp −$17 | 90.3 bp −$903 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 23.01 bp | 488.2 bp −$488 | doesn't fit | doesn't fit | doesn't fit |
ESP on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ESP-USDT | +0.0097% | 4h | 0.09510 | +0.034% | $126K | $35K | 25x | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09497 | −0.103% | $8K | $18K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09495 | −0.124% | $2.4M | $4.1M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09499 | −0.082% | $605K | $1.0M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09502 | −0.050% | $194K | $598K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09501 | −0.061% | $1.3M | $129K | 20x | as long as short |
| KuCoin ESPUSDTMshort | +0.0100% | 4h | 0.09501 | −0.061% | $1.5M | $35K | 25x | |
| Bitget ESPUSDTlong | +0.0100% | 4h | 0.09507 | long leg | $972K | $147K | 20x | |
| edgeX ESPUSDC | +0.0101% | 4h | 0.09500 | −0.067% | $29K | $266K | 10x | as long as short |
| Bybit ESPUSDT | +0.0831% | 4h | 0.09483 | −0.250% | $1.1M | $677K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDT | +0.0904% | 4h | 0.09499 | −0.082% | — | $1.7M | — | as long as short |
Bitget ESPUSDT
KuCoin ESPUSDTM
BloFin ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
edgeX ESPUSDC
Bybit ESPUSDT
BingX ESP-USDT