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

IO

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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+0.066%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2512.509% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.066%, 7d avg +0.066%
Together, before fees+0.085%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin IOUSDTM0.15190.0100pay 0.0050% / 4h17m 08s$367K$645K50x
ShortBitget IOUSDT0.15200.0100get 0.0050% / 4h17m 08s$1.4M$1.3M50x

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: +0.066% → +0.066%
$0.02
Slippage, 4 orders
−$226.89
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$250.86
Costs to cover
2.509%
Break-even
never at this rate
Slippage from KuCoin: live order book, 67 min ago; Bitget: live order book, 4 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, 67 min ago3.29 bp99.3 bp −$99527.0 bp −$5,270doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago3.30 bp44.0 bp −$44212.1 bp −$2,121doesn't fitdoesn't fit

IO on 14 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
BloFin IO-USDT+0.0100%4h0.1513−0.395%$192K$39K50xas long as short
Hyperliquid IO+0.0100%1h0.1520+0.066%$1.0M$371K3xas long as short
Aster IOUSDT+0.0100%4h0.1519+0.025%$24K$49K5xas long as short
Binance IOUSDT+0.0100%4h0.1520+0.036%$3.0M$6.6M50xas long as short
Bybit IOUSDT+0.0100%4h0.1518−0.066%$1.1M$910K25xas long as short
Gate IO_USDT+0.0100%4h0.1519−0.013%$233K$563K50xas long as short
MEXC IO_USDT+0.0100%4h0.1518−0.066%$1.2M$229K125xas long as short
KuCoin IOUSDTMlong+0.0100%4h0.1519long leg$367K$645K50x
Bitget IOUSDTshort+0.0100%4h0.1520+0.066%$1.4M$1.3M50x
BingX IO-USDT+0.0100%4h0.15190.000%$1.3Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IO+0.0100%4h0.1510−0.578%$33K$13Kas long as short
Extended IO-USD+0.0104%1h0.1520+0.038%$2K$134K5xas long as short
Injective IO/USDC PERP+0.0583%1h0.1514−0.329%$2K$2025.5xas long as short
Kraken Futures PF_IOUSD+3.7283%1h0.1508−0.734%$39K$18K10xas long as short