Funding you earn now, next payment 04:00 UTC+0.6264%/8h= +685.9% APRnext payment +$7.83 per $10,000 · paid last 24h +0.264%
Price spread now: KuCoin against Bitget−0.735%7-day average −0.187% · you buy dearer than you sell
Net, funding: paid 7d − costs+$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1231.225% of the position
Funding, last 7 days+2.266%+$227 on $10k
+Price spread, last 7 days+0.808%+$81 · spread now −0.735%, 7d avg −0.187%
=Funding pays, the price is against you. KuCoin is 0.548% cheaper against Bitget than usual: you would sell low and buy high (spread −0.735% now, against its 7-day average of −0.187%). If the spread goes back, that is −$55 on $10k: about 7 hours of funding at the current rate (+$188 a day). At the pace of the last 7 days (+2.266% in total) that is about 41 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 2.266% in total (about 118.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GUSDT | 0.006260 | −1.4824 | get 0.1853% / 1h | 16m 30s | $1.4M | $6.1M | 50x |
| Short | KuCoin GUSDTM | 0.006214 | −0.8560 | pay 0.1070% / 1h | 16m 30s | $1.5M | $1.3M | 30x |
Bitget GUSDT
KuCoin GUSDTMFunding 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
- $1,315.44
- Price spread: −0.735% → −0.187%
- −$54.79
- Slippage, 4 orders
- −$98.55
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $1,138.1
- Costs to cover
- 1.225%
- Break-even
- 0.9 days
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 4 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, 2 min ago | 3.99 bp | 16.3 bp −$16 | 98.2 bp −$982 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 2.41 bp | 39.8 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
G on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GUSDTlong | −1.4824% | 1h | 0.006260 | long leg | $1.4M | $6.1M | 50x | |
| Binance GUSDT | −1.4729% | 1h | 0.006258 | −0.032% | $9.3M | $59.5M | 50x | as long as short |
| MEXC G_USDT | −1.4728% | 1h | 0.006258 | −0.032% | $3.7M | $1.2M | 20x | as long as short |
| Gate G_USDT | −1.4608% | 1h | 0.006243 | −0.272% | $984K | $4.0M | 25x | as long as short |
| Aster GUSDT | −1.2642% | 1h | 0.006266 | +0.096% | $639K | $1.2M | 5x | as long as short |
| KuCoin GUSDTMshort | −0.8560% | 1h | 0.006214 | −0.735% | $1.5M | $1.3M | 30x | |
| BingX G-USDT | −0.3328% | 1h | 0.006253 | −0.112% | — | $2.9M | — | as long as short |
Binance GUSDT
MEXC G_USDT
Gate G_USDT
Aster GUSDT
BingX G-USDT