Funding you earn now, next payment 08:00 UTC+0.2008%/8h= +219.9% APRnext payment +$10.04 per $10,000 · paid last 24h +0.448%
Price spread now: KuCoin against Bitget−0.945%7-day average −0.278% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$406as in the Price arb table
costs, in and out, $10k−$3393.393% of the position
Funding, last 7 days+2.648%+$265 on $10k
+Price spread, last 7 days+1.375%+$137 · spread now −0.945%, 7d avg −0.278%
=Funding pays, the price is against you. KuCoin is 0.666% cheaper against Bitget than usual: you would sell low and buy high (spread −0.945% now, against its 7-day average of −0.278%). If the spread goes back, that is −$67 on $10k: about 27 hours of funding at the current rate (+$60 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MUSDT | 1.3635 | 0.0226 | pay 0.0113% / 4h | 2h 30m | $1.8M | $250K | 10x |
| Short | KuCoin MUSDTM | 1.3506 | 0.2234 | get 0.1117% / 4h | 2h 30m | $1.4M | $3.8M | 10x |
Bitget MUSDT
KuCoin MUSDTMFunding 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
- $421.68
- Price spread: −0.945% → −0.278%
- −$66.63
- Slippage, 4 orders
- −$315.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $15.78
- Costs to cover
- 3.393%
- Break-even
- 6.7 days
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 2 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 | 9.90 bp | 49.0 bp −$49 | 476.1 bp −$4,761 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 9.77 bp | 95.9 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
M on 12 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 M_USDT | +0.0100% | 8h | 1.3622 | −0.095% | $1.8M | $908K | 10x | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.3644 | +0.066% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.3666 | +0.227% | $1K | $825K | 20x | as long as short |
| Bitget MUSDTlong | +0.0226% | 4h | 1.3635 | long leg | $1.8M | $250K | 10x | |
| Aster MUSDT | +0.0591% | 4h | 1.3633 | −0.015% | $14K | $83K | 5x | as long as short |
| Bybit MUSDT | +0.0733% | 4h | 1.3638 | +0.022% | $4.2M | $1.8M | 20x | as long as short |
| Variational Omni M | +0.0777% | 4h | 1.3630 | −0.034% | $85K | $43K | — | as long as short |
| BingX M-USDT | +0.0826% | 4h | 1.3640 | +0.037% | — | $2.4M | — | as long as short |
| MEXC M_USDT | +0.0892% | 4h | 1.3636 | +0.007% | $228K | $108K | 50x | as long as short |
| Binance MUSDT | +0.0893% | 4h | 1.3634 | −0.007% | $5.4M | $3.9M | 10x | as long as short |
Gate M_USDT
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
Bybit MUSDT
Variational Omni M
BingX M-USDT
MEXC M_USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.0902% | 4h | 1.3656 | +0.154% | $351K | $441K | 10x | as long as short |
| KuCoin MUSDTMshort | +0.2234% | 4h | 1.3506 | −0.945% | $1.4M | $3.8M | 10x |
BloFin M-USDT