Settings8H · net · $10k
Funding arb · Price arb /

ATH

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin−0.222%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$322as in the Funding arb table
Net, price: spread back to 7d avg − costs−$345as in the Price arb table
costs, in and out, $10k−$3223.217% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.222%, 7d avg +0.007%
Together, before fees+0.192%+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.228% cheaper against KuCoin than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ATHUSDTM0.0054110.0100pay 0.0050% / 4h2h 31m$541K$80K30x
ShortBitget ATHUSDT0.0053990.0100get 0.0050% / 4h2h 31m$1.5M$925K25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.222% → +0.007%
−$22.84
Slippage, 4 orders
−$297.75
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$344.58
Costs to cover
3.217%
Break-even
never at this rate
Slippage from KuCoin: live order book, 27 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 27 min ago9.15 bp161.0 bp −$161doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago6.45 bp33.3 bp −$33124.0 bp −$1,240doesn't fitdoesn't fit

ATH on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ATHUSD−0.1961%1h0.005401−0.191%$18K$108K10xas long as short
Variational Omni ATH−0.0138%4h0.005424+0.243%$182K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005417+0.113%$11K$595xas long as short
BloFin ATH-USDT+0.0048%4h0.005414+0.055%$162K$68K75xas long as short
Aster ATHUSDT+0.0100%4h0.005408−0.063%$6K$41K5xas long as short
Binance ATHUSDT+0.0100%4h0.005408−0.063%$3.2M$4.3M50xas long as short
Bybit ATHUSDT+0.0100%4h0.005395−0.296%$4.2M$2.6M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005398−0.240%$695K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.005397−0.259%$772K$603K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005409−0.037%$8.7M$659K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTMlong+0.0100%4h0.005411long leg$541K$80K30x
Bitget ATHUSDTshort+0.0100%4h0.005399−0.222%$1.5M$925K25x
BingX ATH-USDT+0.0100%4h0.005400−0.203%$21.4Mas long as short