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: Bitget against KuCoin−0.143%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as 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 against this trade now: funding costs −$12 a day on $10k at the current rate, and Bitget is 0.168% cheaper against KuCoin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.025%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.140%, 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 0.140% 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 | KuCoin B2USDTM | 0.4909 | 0.1962 | pay 0.0981% / 4h | 2h 12m | $1.0M | $317K | 50x |
| Short | Bitget B2USDT | 0.4902 | 0.1552 | get 0.0776% / 4h | 2h 12m | $2.7M | $1.4M | 50x |
KuCoin B2USDTM
Bitget B2USDTFunding 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
- −$86.1
- Price spread: −0.143% → +0.025%
- −$16.79
- Slippage, 4 orders
- −$213.21
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$340.11
- Costs to cover
- 2.372%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 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, 2 min ago | 8.13 bp | 121.2 bp −$121 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 10.13 bp | 36.5 bp −$36 | 147.1 bp −$1,471 | 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 | −0.061% | $555K | $562K | 100x | as long as short |
| Binance B2USDT | +0.0925% | 4h | 0.4906 | −0.061% | $7.9M | $13.1M | 50x | as long as short |
| Aster B2USDT | +0.0980% | 4h | 0.4901 | −0.166% | $154K | $186K | 5x | as long as short |
| Bybit B2USDT | +0.1041% | 4h | 0.4902 | −0.143% | $1.5M | $2.8M | 20x | as long as short |
| BingX B2-USDT | +0.1506% | 4h | 0.4905 | −0.081% | — | $1.4M | — | as long as short |
| Bitget B2USDTshort | +0.1552% | 4h | 0.4902 | −0.143% | $2.7M | $1.4M | 50x | |
| Variational Omni B2 | +0.1917% | 4h | 0.4929 | +0.403% | $14K | $2K | — | as long as short |
| KuCoin B2USDTMlong | +0.1962% | 4h | 0.4909 | long leg | $1.0M | $317K | 50x | |
| Gate B2_USDT | +0.2590% | 4h | 0.4913 | +0.081% | $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