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: Bitget against KuCoin+0.116%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$350as in the Funding arb table
Net, price: spread back to 7d avg − costs−$360as 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−0.104%−$10 · spread now +0.116%, 7d avg +0.037%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Bitget is 0.079% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.037%.
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 | KuCoin BANKUSDTM | 0.03457 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $1.2M | $192K | 50x |
| Short | Bitget BANKUSDT | 0.03461 | 0.0590 | get 0.0295% / 4h | 1h 15m | $2.7M | $3.5M | 25x |
KuCoin BANKUSDTM
Bitget BANKUSDTFunding 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
- $102.9
- Price spread: +0.116% → +0.037%
- $7.91
- Slippage, 4 orders
- −$343.56
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$256.75
- Costs to cover
- 3.676%
- Break-even
- 24.5 days
Slippage from KuCoin: live order book, 9 min ago; Bitget: live order book, 2 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, 9 min ago | 8.65 bp | 176.1 bp −$176 | 796.0 bp −$7,960 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 4.33 bp | 25.9 bp −$26 | 251.8 bp −$2,518 | 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 BANKUSDTMlong | +0.0100% | 4h | 0.03457 | long leg | $1.2M | $192K | 50x | |
| HTX BANK-USDT | +0.0100% | 4h | 0.03464 | +0.202% | $40K | $230K | 20x | as long as short |
| Aster BANKUSDT | +0.0102% | 4h | 0.03461 | +0.129% | $55K | $95K | 5x | as long as short |
| Gate BANK_USDT | +0.0202% | 4h | 0.03462 | +0.145% | $724K | $1.3M | 10x | as long as short |
| MEXC BANK_USDT | +0.0252% | 4h | 0.03462 | +0.145% | $2.5M | $493K | 20x | as long as short |
| Binance BANKUSDT | +0.0252% | 4h | 0.03463 | +0.165% | $7.6M | $31.5M | 50x | as long as short |
| edgeX BANKUSDC | +0.0273% | 4h | 0.03464 | +0.200% | $1K | $247K | 5x | as long as short |
| Bybit BANKUSDT | +0.0379% | 4h | 0.03462 | +0.145% | $2.9M | $6.5M | 20x | as long as short |
| BloFin BANK-USDT | +0.0492% | 4h | 0.03464 | +0.202% | $441K | $91K | 50x | as long as short |
| Bitget BANKUSDTshort | +0.0590% | 4h | 0.03461 | +0.116% | $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 | 0.03463 | +0.174% | — | $6.9M | — | as long as short |
BingX BANK-USDT