Funding you earn now, next payment 08:00 UTC−0.0258%/8h= −28.3% APRnext payment −$1.29 per $10,000 · paid last 24h −0.020%
Price spread now: KuCoin against Bitget−0.202%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$449as in the Funding arb table
Net, price: spread back to 7d avg − costs−$460as in the Price arb table
costs, in and out, $10k−$4474.469% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 7 days+0.194%+$19 · spread now −0.202%, 7d avg −0.069%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.132% cheaper against Bitget than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.069%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.020% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.29 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 UAIUSDT | 0.3616 | 0.0100 | pay 0.0050% / 4h | 2h 04m | $3.8M | $10.9M | 25x |
| Short | KuCoin UAIUSDTM | 0.3609 | −0.0158 | pay 0.0079% / 4h | 2h 04m | $1.6M | $3.1M | 50x |
Bitget UAIUSDT
KuCoin UAIUSDTMFunding 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
- −$54.18
- Price spread: −0.202% → −0.069%
- −$13.24
- Slippage, 4 orders
- −$422.94
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$514.36
- Costs to cover
- 4.469%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 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, 4 min ago | 9.81 bp | 52.1 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 22.72 bp | 295.1 bp −$295 | doesn't fit | doesn't fit | doesn't fit |
UAI 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin UAIUSDTMshort | −0.0158% | 4h | 0.3609 | −0.202% | $1.6M | $3.1M | 50x | |
| BloFin UAI-USDT | +0.0078% | 4h | 0.3612 | −0.122% | $775K | $1.4M | 50x | as long as short |
| Aster UAIUSDT | +0.0100% | 4h | 0.3616 | −0.016% | $2.2M | $993K | 5x | as long as short |
| Binance UAIUSDT | +0.0100% | 4h | 0.3612 | −0.131% | $12.0M | $135.7M | 50x | as long as short |
| Bybit UAIUSDT | +0.0100% | 4h | 0.3610 | −0.169% | $3.3M | $31.1M | 20x | as long as short |
| Gate UAI_USDT | +0.0100% | 8h | 0.3612 | −0.111% | $2.2M | $11.3M | 50x | as long as short |
| MEXC UAI_USDT | +0.0100% | 4h | 0.3612 | −0.122% | $2.3M | $9.5M | 50x | as long as short |
| Bitget UAIUSDTlong | +0.0100% | 4h | 0.3616 | long leg | $3.8M | $10.9M | 25x | |
| BingX UAI-USDT | +0.0100% | 4h | 0.3611 | −0.149% | — | $11.4M | — | as long as short |
| Variational Omni UAI | +0.0100% | 4h | 0.3621 | +0.124% | $17K | $96K | — | as long as short |
BloFin UAI-USDT
Aster UAIUSDT
Binance UAIUSDT
Bybit UAIUSDT
Gate UAI_USDT
MEXC UAI_USDT
BingX UAI-USDT
Variational Omni UAIShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX UAIUSDC | +0.0100% | 4h | 0.3618 | +0.055% | $13K | $353K | 10x | as long as short |
edgeX UAIUSDC