Funding you earn now, next payment 02:00 UTC−0.1141%/8h= −124.9% APRpaid last 24h −0.146%
Price spread now: Bitget against tradeXYZ−0.039%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$950.953% of the position
Funding, last 7 days+0.497%+$50 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.039%, 7d avg +0.012%
=Together, before fees+0.531%+ Points / potential airdroptradeXYZ: Active · farm board+$53 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and Bitget is 0.051% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.012%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.497%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.497% in total (about 25.9% a year). A funding rate is set anew for every payment. 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 | tradeXYZ xyz:KR200 | 1,140 | 0.1707 | pay 0.0213% / 1h | 59m 36s | $636K | $495K | 20x |
| Short | Bitget KR200USDT | 1,139.6 | 0.0566 | get 0.0283% / 4h | 2h 59m | $131K | $313K | 20x |
tradeXYZ xyz:KR200
Bitget KR200USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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
- −$239.61
- Price spread: −0.039% → +0.012%
- −$5.13
- Slippage, 4 orders
- −$65.29
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$340.03
- Costs to cover
- 0.953%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 57 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 tradeXYZ live order book, 57 min ago | 16.66 bp | 34.5 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 9.21 bp | 17.5 bp −$18 | 22.2 bp −$222 | doesn't fit | doesn't fit |
KR200 on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX KR200-USDT | 0.0000% | 1h | 1,139.6 | −0.035% | $775 | $321K | 20x | as long as short |
| Bitget KR200USDTshort | +0.0566% | 4h | 1,139.6 | −0.039% | $131K | $313K | 20x | |
| OKX KR200-USDT-SWAP | +0.0570% | 8h | 1,137.1 | −0.254% | $76K | $67K | 10x | as long as short |
| Extended KR200-USD | +0.1496% | 1h | 1,140 | 0.000% | $3K | $14K | 20x | as long as short |
| tradeXYZ xyz:KR200long | +0.1707% | 1h | 1,140 | long leg | $636K | $495K | 20x |
HTX KR200-USDT
OKX KR200-USDT-SWAP
Extended KR200-USD