Funding you earn now, next payment 00:00 UTC+0.1126%/8h= +123.3% APRnext payment +$5.63 per $10,000 · paid last 24h −0.039%
Price spread now: Bitget against KuCoin−0.158%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$621as in the Funding arb table
Net, price: spread back to 7d avg − costs−$629as in the Price arb table
costs, in and out, $10k−$6156.147% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 7 days+0.180%+$18 · spread now −0.158%, 7d avg −0.014%
=Funding pays, the price is against you. Bitget is 0.144% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.158% now, against its 7-day average of −0.014%). If the spread goes back, that is −$14 on $10k: about 10 hours of funding at the current rate (+$34 a day). Mind the row above: over the last 7 days funding on this pair cost −0.063%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.063% in total (about -3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.63 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 BUSDTM | 0.2025 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $1.9M | $71K | 10x |
| Short | Bitget BUSDT | 0.2022 | 0.1226 | get 0.0613% / 4h | 1h 17m | $2.7M | $225K | 10x |
KuCoin BUSDTM
Bitget BUSDTFunding 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
- $236.46
- Price spread: −0.158% → −0.014%
- −$14.43
- Slippage, 4 orders
- −$590.73
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$392.7
- Costs to cover
- 6.147%
- Break-even
- 18.6 days
Slippage from KuCoin: live order book, 4 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, 4 min ago | 7.88 bp | 309.0 bp −$309 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 7.38 bp | 24.1 bp −$24 | 151.8 bp −$1,518 | doesn't fit | doesn't fit |
B 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDT | +0.0100% | 4h | 0.2022 | −0.158% | $3.4M | $596K | 20x | as long as short |
| KuCoin BUSDTMlong | +0.0100% | 4h | 0.2025 | long leg | $1.9M | $71K | 10x | |
| Bybit BUSDT | +0.0755% | 4h | 0.2019 | −0.321% | $1.7M | $962K | 13x | as long as short |
| BloFin B-USDT | +0.0805% | 4h | 0.2026 | +0.040% | $594K | $39K | 20x | as long as short |
| edgeX BUSDC | +0.0825% | 4h | 0.2030 | +0.254% | $3K | $391K | 5x | as long as short |
| Binance BUSDT | +0.0834% | 4h | 0.2022 | −0.139% | $11.7M | $2.0M | 20x | as long as short |
| MEXC B_USDT | +0.0836% | 4h | 0.2021 | −0.207% | $971K | $349K | 100x | as long as short |
| Extended B-USD | +0.0840% | 1h | 0.2022 | −0.143% | $15K | $117K | 5x | as long as short |
| BingX B-USDT | +0.1172% | 4h | 0.2021 | −0.207% | — | $1.2M | — | as long as short |
| Bitget BUSDTshort | +0.1226% | 4h | 0.2022 | −0.158% | $2.7M | $225K | 10x |
Gate B_USDT
Bybit BUSDT
BloFin B-USDT
edgeX BUSDC
Binance BUSDT
MEXC B_USDT
Extended B-USD
BingX B-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1365% | 4h | 0.2023 | −0.088% | $1.9M | $208K | 5x | as long as short |
Aster BUSDT