Funding you earn now, next payment 12:00 UTC+0.2566%/8h= +281.0% APRnext payment +$12.83 per $10,000 · paid last 24h +0.191%
Price spread now: Bitget against KuCoin+0.826%7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,122as in the Price arb table
costs, in and out, $10k−$1,19011.904% of the position
Funding, last 7 days+0.325%+$32 on $10k
+Price spread, last 7 days−0.732%−$73 · spread now +0.826%, 7d avg +0.142%
=Both sides work for this trade now. Funding pays +$77 a day on $10k at the current rate, and Bitget is 0.685% dearer against KuCoin than usual: you sell high and buy low: +$68 more if the spread goes back to its 7-day average of +0.142%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.325% in total (about 16.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.83 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 | KuCoin USUSDTM | 0.01537 | −0.2466 | get 0.1233% / 4h | 3h 32m | $3.6M | $529K | 20x |
| Short | Bitget USUSDT | 0.01550 | 0.0100 | get 0.0050% / 4h | 3h 32m | $4.1M | $291K | 10x |
KuCoin USUSDTM
Bitget USUSDTFunding 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
- $538.86
- Price spread: +0.826% → +0.142%
- $68.46
- Slippage, 4 orders
- −$1,166.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$583.03
- Costs to cover
- 11.904%
- Break-even
- 14.6 days
Slippage from KuCoin: live order book, 5 min ago; Bitget: 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 KuCoin live order book, 5 min ago | 34.19 bp | 591.3 bp −$591 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 15.36 bp | 49.2 bp −$49 | 274.7 bp −$2,747 | doesn't fit | doesn't fit |
US 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 USUSDTMlong | −0.2466% | 4h | 0.01537 | long leg | $3.6M | $529K | 20x | |
| Aster USUSDT | +0.0100% | 4h | 0.01548 | +0.700% | $14K | $52K | 5x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01548 | +0.729% | $3.1M | $1.0M | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01543 | +0.371% | $1.9M | $675K | 20x | as long as short |
| Bitget USUSDTshort | +0.0100% | 4h | 0.01550 | +0.826% | $4.1M | $291K | 10x | |
| Variational Omni US | +0.0100% | 4h | 0.01564 | +1.740% | $16K | $4K | — | as long as short |
| BloFin US-USDT | +0.0142% | 4h | 0.01547 | +0.651% | $460K | $46K | 10x | as long as short |
| Binance USUSDT | +0.0145% | 4h | 0.01547 | +0.664% | $8.7M | $3.5M | 10x | as long as short |
| Extended US-USD | +0.0152% | 1h | 0.01548 | +0.688% | $4K | $205K | 5x | as long as short |
| MEXC US_USDT | +0.0154% | 4h | 0.01547 | +0.683% | $5.2M | $119K | 100x | as long as short |
Aster USUSDT
Bybit USUSDT
Gate US_USDT
Variational Omni US
BloFin US-USDT
Binance USUSDT
Extended US-USD
MEXC US_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX US-USDT | +0.0172% | 4h | 0.01548 | +0.742% | — | $1.3M | — | as long as short |
BingX US-USDT