Funding you earn now, next payment 06:00 UTC−0.0784%/8h= −85.8% APRnext payment −$0.98 per $10,000 · paid last 24h −2.728%
Price spread now: KuCoin against Bitget+3.352%7-day average +0.965% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,820as in the Funding arb table
Net, price: spread back to 7d avg − costs−$596as in the Price arb table
costs, in and out, $10k−$8348.344% of the position
Funding, last 7 days−19.859%−$1,986 on $10k
+Price spread, last 7 days−5.524%−$552 · spread now +3.352%, 7d avg +0.965%
=The price spread pays, funding is against you. KuCoin is 2.386% dearer against Bitget than usual: you sell high and buy low (spread +3.352% now, against its 7-day average of +0.965%): +$239 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−19.859% in total) that is about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ONEUSDT | 0.004105 | −0.1360 | get 0.0170% / 1h | 28m 09s | $2.0M | $31.0M | 20x |
| Short | KuCoin ONEUSDTM | 0.004243 | −0.2144 | pay 0.0268% / 1h | 28m 09s | $3.8M | $12.1M | 30x |
Bitget ONEUSDT
KuCoin ONEUSDTMFunding 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
- −$164.64
- Price spread: +3.352% → +0.965%
- $238.65
- Slippage, 4 orders
- −$810.36
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$760.35
- Costs to cover
- 8.344%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 5 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, 1 min ago | 3.21 bp | 37.9 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 13.20 bp | 317.4 bp −$317 | doesn't fit | doesn't fit | doesn't fit |
ONE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −5.5846% | 1h | 0.005406 | +31.690% | $6.6M | $239.1M | 10x | as long as short |
| Variational Omni ONE | −0.3596% | 1h | 0.004041 | −1.558% | $100K | $49K | — | as long as short |
| KuCoin ONEUSDTMshort | −0.2144% | 1h | 0.004243 | +3.352% | $3.8M | $12.1M | 30x | |
| BloFin ONE-USDT | −0.1746% | 1h | 0.004032 | −1.790% | $800K | $2.2M | 50x | as long as short |
| Bitget ONEUSDTlong | −0.1360% | 1h | 0.004105 | long leg | $2.0M | $31.0M | 20x | |
| Aster ONEUSDT | −0.1232% | 1h | 0.004065 | −0.983% | $2.1M | $5.8M | 5x | as long as short |
| MEXC ONE_USDT | −0.0784% | 1h | 0.004072 | −0.806% | $11.4M | $14.8M | 20x | as long as short |
| Binance ONEUSDT | −0.0780% | 1h | 0.004074 | −0.765% | $14.0M | $329.2M | 50x | as long as short |
| Gate ONE_USDT | −0.0415% | 8h | 0.004067 | −0.935% | $1.8M | $15.1M | 20x | as long as short |
| BingX ONE-USDT | −0.0072% | 1h | 0.004071 | −0.831% | — | $5.5M | — | as long as short |
OKX ONE-USDT-SWAP
Variational Omni ONE
BloFin ONE-USDT
Aster ONEUSDT
MEXC ONE_USDT
Binance ONEUSDT
Gate ONE_USDT
BingX ONE-USDT