Funding you earn now, next payment 08:00 UTC−0.0490%/8h= −53.7% APRnext payment −$2.45 per $10,000 · paid last 24h −0.037%
Price spread now: KuCoin against Bitget−0.029%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$385as in the Funding arb table
Net, price: spread back to 7d avg − costs−$367as in the Price arb table
costs, in and out, $10k−$3683.676% of the position
Funding, last 7 days−0.175%−$17 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now −0.029%, 7d avg −0.037%
=The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.175% in total (about -9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.45 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 BANKUSDT | 0.03461 | 0.0590 | pay 0.0295% / 4h | 1h 16m | $2.7M | $3.5M | 25x |
| Short | KuCoin BANKUSDTM | 0.03460 | 0.0100 | get 0.0050% / 4h | 1h 16m | $1.2M | $192K | 50x |
Bitget BANKUSDT
KuCoin BANKUSDTMFunding 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
- −$102.9
- Price spread: −0.029% → −0.037%
- $0.78
- Slippage, 4 orders
- −$343.56
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$469.68
- Costs to cover
- 3.676%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 9 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, 2 min ago | 4.33 bp | 22.9 bp −$23 | 246.9 bp −$2,469 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 8.65 bp | 142.7 bp −$143 | 600.7 bp −$6,007 | doesn't fit | doesn't fit |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BANKUSDTMshort | +0.0100% | 4h | 0.03460 | −0.029% | $1.2M | $192K | 50x | |
| HTX BANK-USDT | +0.0100% | 4h | 0.03464 | +0.087% | $40K | $230K | 20x | as long as short |
| Aster BANKUSDT | +0.0102% | 4h | 0.03468 | +0.208% | $55K | $95K | 5x | as long as short |
| Gate BANK_USDT | +0.0202% | 4h | 0.03463 | +0.058% | $724K | $1.3M | 10x | as long as short |
| MEXC BANK_USDT | +0.0252% | 4h | 0.03462 | +0.029% | $2.5M | $493K | 20x | as long as short |
| Binance BANKUSDT | +0.0252% | 4h | 0.03462 | +0.025% | $7.6M | $31.5M | 50x | as long as short |
| edgeX BANKUSDC | +0.0273% | 4h | 0.03464 | +0.085% | $1K | $247K | 5x | as long as short |
| Bybit BANKUSDT | +0.0379% | 4h | 0.03462 | +0.029% | $2.9M | $6.5M | 20x | as long as short |
| BloFin BANK-USDT | +0.0492% | 4h | 0.03464 | +0.087% | $441K | $91K | 50x | as long as short |
| Bitget BANKUSDTlong | +0.0590% | 4h | 0.03461 | long leg | $2.7M | $3.5M | 25x |
HTX BANK-USDT
Aster BANKUSDT
Gate BANK_USDT
MEXC BANK_USDT
Binance BANKUSDT
edgeX BANKUSDC
Bybit BANKUSDT
BloFin BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BANK-USDT | +0.0590% | 4h | 0.03467 | +0.173% | — | $6.9M | — | as long as short |
BingX BANK-USDT