Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h +0.044%
Price spread now: Bitget against KuCoin+0.737%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,075as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,010as in the Price arb table
costs, in and out, $10k−$1,07610.764% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.622%−$62 · spread now +0.737%, 7d avg +0.072%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.664% dearer against KuCoin than usual: you sell high and buy low: +$66 more if the spread goes back to its 7-day average of +0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GWEIUSDTM | 0.02402 | 0.0104 | pay 0.0052% / 4h | 3h 19m | $468K | $28K | 20x |
| Short | Bitget GWEIUSDT | 0.02420 | 0.0136 | get 0.0068% / 4h | 3h 19m | $2.0M | $391K | 20x |
KuCoin GWEIUSDTM
Bitget GWEIUSDTFunding 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
- $6.72
- Price spread: +0.737% → +0.072%
- $66.44
- Slippage, 4 orders
- −$1,052.36
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,003.2
- Costs to cover
- 10.764%
- Break-even
- 1052.0 days
Slippage from KuCoin: live order book, 54 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, 54 min ago | 26.52 bp | 494.7 bp −$495 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 4.14 bp | 29.5 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
GWEI 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GWEI_USDT | +0.0100% | 4h | 0.02419 | +0.708% | $409K | $514K | 10x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02420 | +0.740% | $5K | $1K | — | as long as short |
| Bybit GWEIUSDT | +0.0101% | 4h | 0.02421 | +0.778% | $405K | $230K | 25x | as long as short |
| KuCoin GWEIUSDTMlong | +0.0104% | 4h | 0.02402 | long leg | $468K | $28K | 20x | |
| Bitget GWEIUSDTshort | +0.0136% | 4h | 0.02420 | +0.737% | $2.0M | $391K | 20x | |
| BloFin GWEI-USDT | +0.0340% | 4h | 0.02417 | +0.612% | $194K | $39K | 50x | as long as short |
| Binance GWEIUSDT | +0.0343% | 4h | 0.02421 | +0.766% | $2.8M | $4.2M | 50x | as long as short |
| MEXC GWEI_USDT | +0.0348% | 4h | 0.02421 | +0.778% | $119K | $88K | 20x | as long as short |
| Extended GWEI-USD | +0.0352% | 1h | 0.02416 | +0.550% | $5K | $153K | 5x | as long as short |
| BingX GWEI-USDT | +0.0376% | 4h | 0.02419 | +0.695% | — | $1.6M | — | as long as short |
Gate GWEI_USDT
Variational Omni GWEI
Bybit GWEIUSDT
BloFin GWEI-USDT
Binance GWEIUSDT
MEXC GWEI_USDT
Extended GWEI-USD
BingX GWEI-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1271% | 4h | 0.02409 | +0.272% | $20K | $29K | 10x | as long as short |
Aster GWEIUSDT