Funding you earn now, next payment 00:00 UTC+0.0410%/8h= +44.9% APRnext payment +$2.05 per $10,000 · paid last 24h −0.059%
Price spread now: KuCoin against Bitget+0.143%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2372.372% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 4 days (all we have)−0.594%−$59 · spread now +0.143%, 7d avg −0.025%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and KuCoin is 0.168% dearer against Bitget than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.140%, 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 -0.140% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.05 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 B2USDT | 0.4902 | 0.1552 | pay 0.0776% / 4h | 2h 12m | $2.7M | $1.4M | 50x |
| Short | KuCoin B2USDTM | 0.4909 | 0.1962 | get 0.0981% / 4h | 2h 12m | $1.0M | $317K | 50x |
Bitget B2USDT
KuCoin B2USDTMFunding 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
- $86.1
- Price spread: +0.143% → −0.025%
- $16.81
- Slippage, 4 orders
- −$213.21
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$134.3
- Costs to cover
- 2.372%
- Break-even
- 17.9 days
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 3 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, 5 min ago | 10.13 bp | 32.5 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 8.13 bp | 47.1 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
B2 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC B2_USDT | +0.0924% | 4h | 0.4906 | +0.082% | $555K | $562K | 100x | as long as short |
| Binance B2USDT | +0.0925% | 4h | 0.4906 | +0.082% | $7.9M | $13.1M | 50x | as long as short |
| Aster B2USDT | +0.0980% | 4h | 0.4901 | −0.024% | $154K | $186K | 5x | as long as short |
| Bybit B2USDT | +0.1041% | 4h | 0.4902 | 0.000% | $1.5M | $2.8M | 20x | as long as short |
| BingX B2-USDT | +0.1506% | 4h | 0.4905 | +0.061% | — | $1.4M | — | as long as short |
| Bitget B2USDTlong | +0.1552% | 4h | 0.4902 | long leg | $2.7M | $1.4M | 50x | |
| Variational Omni B2 | +0.1917% | 4h | 0.4929 | +0.546% | $14K | $2K | — | as long as short |
| KuCoin B2USDTMshort | +0.1962% | 4h | 0.4909 | +0.143% | $1.0M | $317K | 50x | |
| Gate B2_USDT | +0.2590% | 4h | 0.4913 | +0.224% | $861K | $442K | 20x | as long as short |
MEXC B2_USDT
Binance B2USDT
Aster B2USDT
Bybit B2USDT
BingX B2-USDT
Variational Omni B2
Gate B2_USDT