Funding you earn now, next payment 08:00 UTC−0.0200%/8h= −21.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.056%
Price spread now: KuCoin against Bitget−0.522%7-day average −0.393% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,797as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,803as in the Price arb table
costs, in and out, $10k−$1,79117.905% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)+0.377%+$38 · spread now −0.522%, 7d avg −0.393%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.129% cheaper against Bitget than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.393%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.061% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.00 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 ACUUSDT | 0.1226 | 0.0300 | pay 0.0150% / 4h | 3h 22m | $243K | $247K | 10x |
| Short | KuCoin ACUUSDTM | 0.1219 | 0.0100 | get 0.0050% / 4h | 3h 22m | $564K | $32K | 10x |
Bitget ACUUSDT
KuCoin ACUUSDTMFunding 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
- −$42
- Price spread: −0.522% → −0.393%
- −$12.9
- Slippage, 4 orders
- −$1,766.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,845.4
- Costs to cover
- 17.905%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 23 min ago; KuCoin: live order book, 51 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, 23 min ago | 11.95 bp | 36.7 bp −$37 | 294.3 bp −$2,943 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 51 min ago | 7.47 bp | 812.9 bp −$813 | doesn't fit | doesn't fit | doesn't fit |
ACU 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACUUSDT | +0.0100% | 4h | 0.1225 | −0.033% | $858K | $649K | 13x | as long as short |
| OKX ACU-USDT-SWAP | +0.0100% | 4h | 0.1225 | −0.057% | $228K | $301K | 10x | as long as short |
| Gate ACU_USDT | +0.0100% | 4h | 0.1224 | −0.147% | $174K | $18K | 10x | as long as short |
| KuCoin ACUUSDTMshort | +0.0100% | 4h | 0.1219 | −0.522% | $564K | $32K | 10x | |
| SunX ACU-USDT | +0.0100% | 4h | 0.1224 | −0.122% | $2K | $1.3M | 20x | as long as short |
| Bitget ACUUSDTlong | +0.0300% | 4h | 0.1226 | long leg | $243K | $247K | 10x | |
| Aster ACUUSDT | +0.0714% | 4h | 0.1226 | +0.050% | $2K | $4K | 5x | as long as short |
| BingX ACU-USDT | +0.0850% | 4h | 0.1226 | +0.065% | — | $1.3M | — | as long as short |
| MEXC ACU_USDT | +0.0904% | 4h | 0.1226 | +0.033% | $14.0M | $349K | 50x | as long as short |
| Binance ACUUSDT | +0.0911% | 4h | 0.1228 | +0.175% | $2.6M | $1.6M | 10x | as long as short |
Bybit ACUUSDT
OKX ACU-USDT-SWAP
Gate ACU_USDT
SunX ACU-USDT
Aster ACUUSDT
BingX ACU-USDT
MEXC ACU_USDT
Binance ACUUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ACU-USDT | +0.0942% | 4h | 0.1221 | −0.384% | $120K | $60K | 10x | as long as short |
BloFin ACU-USDT