Funding you earn now, next payment 08:00 UTC+0.0187%/8h= +20.5% APRnext payment +$1.87 per $10,000 · paid last 24h +0.099%
Price spread now: Bitget against KuCoin−0.188%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,021as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,039as 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)+0.101%+$10 · spread now −0.188%, 7d avg −0.070%
=Funding pays, the price is against you. Bitget is 0.118% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.188% now, against its 7-day average of −0.070%). If the spread goes back, that is −$12 on $10k: about 2.1 days of funding at the current rate (+$6 a day). 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 +$1.87 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 KIOXIAUSDTM | 372.14 | −0.0187 | get 0.0187% / 8h | 7h 22m | $42K | $120K | 20x |
| Short | Bitget KIOXIAUSDT | 371.44 | 0 | get 0.0000% / 8h | 7h 22m | $2.3M | $1.5M | 20x |
KuCoin KIOXIAUSDTM
Bitget KIOXIAUSDTFunding 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
- $39.27
- Price spread: −0.188% → −0.070%
- −$11.8
- Slippage, 4 orders
- −$1,003.53
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,000.06
- Costs to cover
- 10.275%
- Break-even
- 185.3 days
Slippage from KuCoin: live order book, 21 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, 21 min ago | 25.81 bp | 495.8 bp −$496 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.84 bp | 37.3 bp −$37 | 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 KIOXIAUSDTMlong | −0.0187% | 8h | 372.14 | long leg | $42K | $120K | 20x | |
| OKX KIOXIA-USDT-SWAP | 0.0000% | 8h | 373.05 | +0.245% | $436K | $403K | 10x | as long as short |
| Gate KIOXIA_USDT | 0.0000% | 8h | 372.34 | +0.054% | $75K | $20K | 20x | as long as short |
| Bitget KIOXIAUSDTshort | 0.0000% | 8h | 371.44 | −0.188% | $2.3M | $1.5M | 20x | |
| Lighter KIOXIA | +0.0032% | 1h | 342.91 | −7.855% | — | — | 10x | as long as short |
| Extended KIOXIA-USD | +0.0048% | 1h | 372.89 | +0.202% | $5K | — | 10x | as long as short |
| tradeXYZ xyz:KIOXIA | +0.0050% | 1h | 372.92 | +0.210% | $10.5M | $3.1M | 10x | as long as short |
| Polymarket Perps KIOXIA-USD | +0.0050% | 1h | 372.70 | +0.150% | $6K | $245K | 10x | as long as short |
| HTX KIOXIA-USDT | +0.0100% | 1h | 373.90 | +0.473% | $7K | $42K | 10x | as long as short |
OKX KIOXIA-USDT-SWAP
Gate KIOXIA_USDT
Lighter KIOXIA
Extended KIOXIA-USD
tradeXYZ xyz:KIOXIA
Polymarket Perps KIOXIA-USD
HTX KIOXIA-USDT