Funding you earn now, next payment 00:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.31 per $10,000 · paid last 24h −0.015%
Price spread now: Bitget against KuCoin0.000%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1441.437% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 7 days+0.098%+$10 · spread now 0.000%, 7d avg −0.011%
=The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ETHFIUSDTM | 0.7082 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $1.2M | $270K | 50x |
| Short | Bitget ETHFIUSDT | 0.7082 | 0.0038 | get 0.0019% / 4h | 1h 59m | $6.0M | $5.7M | 75x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$13.02
- Price spread: 0.000% → −0.011%
- $1.1
- Slippage, 4 orders
- −$119.71
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$155.63
- Costs to cover
- 1.437%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bitget: 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 KuCoin live order book, 5 min ago | 9.89 bp | 55.2 bp −$55 | 160.4 bp −$1,604 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.71 bp | 17.2 bp −$17 | 34.6 bp −$346 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0738% | 1h | 0.7081 | −0.014% | $41K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0215% | 1h | 0.7088 | +0.078% | $279K | $145K | 20x | as long as short |
| HTX ETHFI-USDT | −0.0188% | 4h | 0.7065 | −0.240% | $82K | $165K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0174% | 4h | 0.7083 | +0.014% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0033% | 8h | 0.7078 | −0.060% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.231% | $321 | $51K | 5.5x | as long as short |
| Bitget ETHFIUSDTshort | +0.0038% | 4h | 0.7082 | 0.000% | $6.0M | $5.7M | 75x | |
| Extended ETHFI-USD | +0.0064% | 1h | 0.7081 | −0.009% | $92K | $495K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0064% | 4h | 0.7081 | −0.014% | $15.1M | $3.9M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0066% | 4h | 0.7082 | −0.007% | $24.6M | $37.1M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7087 | +0.065% | $1.1M | $909K | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.7080 | −0.028% | $8K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7087 | +0.069% | $18.0M | $9.0M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7084 | +0.033% | $181K | $256K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7086 | +0.056% | $18.1M | $12.8M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7085 | +0.042% | $4.9M | $12.4M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7085 | +0.042% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTMlong | +0.0100% | 4h | 0.7082 | long leg | $1.2M | $270K | 50x | |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7075 | −0.099% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7091 | +0.131% | $1.0M | $739K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7085 | +0.041% | $59K | $85K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7088 | +0.085% | $2K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0152% | 1h | 0.7165 | +1.172% | $31K | $8K | 50x | as long as short |
| BloFin ETHFI-USDT | +0.0256% | 4h | 0.7085 | +0.042% | $1.3M | $290K | 75x | as long as short |
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
HTX ETHFI-USDT
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDT
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
BingX ETHFI-USDC
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT