Funding you earn now, next payment 08:00 UTC−0.0191%/8h= −20.9% APRnext payment −$1.91 per $10,000 · paid last 24h −0.099%
Price spread now: KuCoin against Bitget+0.188%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,034as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,016as in the Price arb table
costs, in and out, $10k−$1,02810.275% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.188%, 7d avg +0.070%
=The price spread pays, funding is against you. KuCoin is 0.118% dearer against Bitget than usual: you sell high and buy low (spread +0.188% now, against its 7-day average of +0.070%): +$12 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.067% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.067% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.91 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 KIOXIAUSDT | 371.44 | 0 | get 0.0000% / 8h | 7h 22m | $2.3M | $1.5M | 20x |
| Short | KuCoin KIOXIAUSDTM | 372.14 | −0.0191 | pay 0.0191% / 8h | 7h 22m | $42K | $120K | 20x |
Funding 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
- −$40.11
- Price spread: +0.188% → +0.070%
- $11.84
- Slippage, 4 orders
- −$1,003.53
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,055.8
- Costs to cover
- 10.275%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 21 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 | 4.84 bp | 11.2 bp −$11 | 12.9 bp −$129 | 117.0 bp −$11.7K | doesn't fit |
| Sell KuCoin live order book, 21 min ago | 25.81 bp | 483.3 bp −$483 | doesn't fit | doesn't fit | doesn't fit |
KIOXIA on 9 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 KIOXIAUSDTMshort | −0.0191% | 8h | 372.14 | +0.188% | $42K | $120K | 20x | |
| OKX KIOXIA-USDT-SWAP | 0.0000% | 8h | 373.05 | +0.433% | $436K | $403K | 10x | as long as short |
| Gate KIOXIA_USDT | 0.0000% | 8h | 372.34 | +0.242% | $75K | $20K | 20x | as long as short |
| Bitget KIOXIAUSDTlong | 0.0000% | 8h | 371.44 | long leg | $2.3M | $1.5M | 20x | |
| Lighter KIOXIA | +0.0032% | 1h | 342.91 | −7.681% | — | — | 10x | as long as short |
| Extended KIOXIA-USD | +0.0048% | 1h | 372.97 | +0.413% | $5K | — | 10x | as long as short |
| tradeXYZ xyz:KIOXIA | +0.0050% | 1h | 372.92 | +0.398% | $10.5M | $3.1M | 10x | as long as short |
| Polymarket Perps KIOXIA-USD | +0.0050% | 1h | 372.71 | +0.342% | $6K | $245K | 10x | as long as short |
| HTX KIOXIA-USDT | +0.0100% | 1h | 373.90 | +0.662% | $7K | $42K | 10x | as long as short |
Bitget KIOXIAUSDT
KuCoin KIOXIAUSDTM
OKX KIOXIA-USDT-SWAP
Gate KIOXIA_USDT
Lighter KIOXIA
Extended KIOXIA-USD
tradeXYZ xyz:KIOXIA
Polymarket Perps KIOXIA-USD
HTX KIOXIA-USDT