Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.138%
Price spread now: KuCoin against Bitget−0.190%7-day average −0.140% · you buy dearer than you sell
Net, funding: paid 7d − costs−$575as in the Funding arb table
Net, price: spread back to 7d avg − costs−$595as in the Price arb table
costs, in and out, $10k−$5905.900% of the position
Funding, last 7 days+0.155%+$15 on $10k
+Price spread, last 7 days+0.031%+$3 · spread now −0.190%, 7d avg −0.140%
=Funding pays, the price is against you. KuCoin is 0.050% cheaper against Bitget than usual: you would sell low and buy high (spread −0.190% now, against its 7-day average of −0.140%). If the spread goes back, that is −$5 on $10k: about 40 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BXUSDT | 126.42 | 0 | get 0.0000% / 8h | 3h 07m | $900K | $37K | 20x |
| Short | KuCoin BXUSDTM | 126.18 | 0.0100 | get 0.0100% / 8h | 3h 07m | $112K | $884K | 20x |
Bitget BXUSDT
KuCoin BXUSDTMFunding 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
- $21
- Price spread: −0.190% → −0.140%
- −$5.03
- Slippage, 4 orders
- −$566.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$574.04
- Costs to cover
- 5.900%
- Break-even
- 198.3 days
Slippage from Bitget: live order book, 44 min ago; KuCoin: live order book, 7 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, 44 min ago | 15.82 bp | 62.5 bp −$63 | 164.8 bp −$1,648 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 6.74 bp | 206.5 bp −$206 | doesn't fit | doesn't fit | doesn't fit |
BX on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BX | −0.0325% | 1h | 126.28 | −0.111% | $664K | $223K | 10x | as long as short |
| Aster BXUSDT | 0.0000% | 8h | 126.25 | −0.138% | $5K | $2K | 20x | as long as short |
| Bybit BXUSDT | 0.0000% | 8h | 126.39 | −0.024% | $483K | $803K | 25x | as long as short |
| OKX BX-USDT-SWAP | 0.0000% | 8h | 126.49 | +0.055% | $164K | $112K | 20x | as long as short |
| QFEX BX-USD | 0.0000% | 1h | 126.92 | +0.396% | $1.1M | $1.5M | 10x | as long as short |
| Gate BX_USDT | 0.0000% | 8h | 126.46 | +0.032% | $423K | $28K | 20x | as long as short |
| Bitget BXUSDTlong | 0.0000% | 8h | 126.42 | long leg | $900K | $37K | 20x | |
| GRVT BX_USDT_Perp | 0.0000% | 8h | 126.40 | −0.016% | $767 | $106K | 10x | as long as short |
| SunX BX-USDT | 0.0000% | 8h | 126.38 | −0.032% | $861 | $314K | 10x | as long as short |
| HTX BX-USDT | 0.0000% | 8h | 126.48 | +0.047% | $7K | $3K | 20x | as long as short |
tradeXYZ xyz:BX
Aster BXUSDT
Bybit BXUSDT
OKX BX-USDT-SWAP
QFEX BX-USD
Gate BX_USDT
GRVT BX_USDT_Perp
SunX BX-USDT
HTX BX-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BX | +0.0037% | 8h | 126.34 | −0.062% | $43K | $12K | — | as long as short |
| KuCoin BXUSDTMshort | +0.0100% | 8h | 126.18 | −0.190% | $112K | $884K | 20x | |
| Binance BXUSDT | +0.0138% | 8h | 126.38 | −0.032% | $776K | $495K | 20x | as long as short |
| Injective BX/USDC PERP | +0.0220% | 1h | 138.74 | +9.745% | $4K | $32K | 12x | as long as short |
Variational Omni BX
Binance BXUSDT
Injective BX/USDC PERP