Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin0.000%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$511as in the Funding arb table
Net, price: spread back to 7d avg − costs−$512as in the Price arb table
costs, in and out, $10k−$5105.102% 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 +0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin USUALUSDTM | 0.01419 | 0.0100 | pay 0.0050% / 4h | 14m 57s | $264K | $62K | 20x |
| Short | Bitget USUALUSDT | 0.01419 | 0.0100 | get 0.0050% / 4h | 14m 57s | $844K | $400K | 50x |
KuCoin USUALUSDTM
Bitget USUALUSDTFunding 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
- $0
- Price spread: 0.000% → +0.015%
- −$1.45
- Slippage, 4 orders
- −$486.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$511.69
- Costs to cover
- 5.102%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 66 min ago; Bitget: live order book, 41 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, 66 min ago | 10.76 bp | 239.6 bp −$240 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 41 min ago | 3.58 bp | 29.0 bp −$29 | 154.5 bp −$1,545 | 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 | −0.4543% | 1h | 0.01401 | −1.268% | $6K | $3K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0626% | 1h | 0.01419 | −0.001% | $112K | $21K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01419 | 0.000% | $409K | $188K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01418 | −0.085% | $2.3M | $3.4M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01420 | +0.092% | $1.1M | $817K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01420 | +0.070% | $959K | $112K | 50x | as long as short |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01417 | −0.141% | $6.2M | $239K | 100x | as long as short |
| KuCoin USUALUSDTMlong | +0.0100% | 4h | 0.01419 | long leg | $264K | $62K | 20x | |
| Bitget USUALUSDTshort | +0.0100% | 4h | 0.01419 | 0.000% | $844K | $400K | 50x | |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01418 | −0.049% | — | $1.2M | — | as long as short |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
MEXC USUAL_USDT
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01427 | +0.557% | $11K | $1K | — | as long as short |
Variational Omni USUAL