Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget0.000%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$877as in the Funding arb table
Net, price: spread back to 7d avg − costs−$876as in the Price arb table
costs, in and out, $10k−$8778.772% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)+0.166%+$17 · spread now 0.000%, 7d avg −0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USUALUSDT | 0.01395 | 0.0100 | pay 0.0050% / 4h | 3h 20m | $812K | $398K | 50x |
| Short | KuCoin USUALUSDTM | 0.01395 | 0.0100 | get 0.0050% / 4h | 3h 20m | $257K | $62K | 20x |
Bitget USUALUSDT
KuCoin USUALUSDTMFunding 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
- $0
- Price spread: 0.000% → −0.014%
- $1.44
- Slippage, 4 orders
- −$853.22
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$875.79
- Costs to cover
- 8.772%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 30 min ago; KuCoin: live order book, 51 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, 30 min ago | 7.12 bp | 28.8 bp −$29 | 122.0 bp −$1,220 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 51 min ago | 21.23 bp | 477.0 bp −$477 | doesn't fit | doesn't fit | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.5000% | 1h | 0.01388 | −0.502% | $6K | $3K | 5.5x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01395 | 0.000% | $403K | $189K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01395 | −0.009% | $2.3M | $3.3M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01397 | +0.172% | $1.1M | $792K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01396 | +0.072% | $943K | $111K | 50x | as long as short |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01395 | −0.007% | $6.1M | $256K | 100x | as long as short |
| KuCoin USUALUSDTMshort | +0.0100% | 4h | 0.01395 | 0.000% | $257K | $62K | 20x | |
| Bitget USUALUSDTlong | +0.0100% | 4h | 0.01395 | long leg | $812K | $398K | 50x | |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01395 | 0.000% | — | $1.2M | — | as long as short |
| Variational Omni USUAL | +0.0100% | 4h | 0.01396 | +0.061% | $11K | $1K | — | as long as short |
Injective USUAL/USDC PERP
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
MEXC USUAL_USDT
BingX USUAL-USDT
Variational Omni USUALShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_USUALUSD | +0.0276% | 1h | 0.01395 | −0.011% | $110K | $21K | 10x | as long as short |
Kraken Futures PF_USUALUSD