Settings8H · net · $10k
Funding arb · Price arb /

CP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin−0.117%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$401as in the Funding arb table
Net, price: spread back to 7d avg − costs−$406as in the Price arb table
costs, in and out, $10k−$4034.034% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 7 days−0.043%−$4 · spread now −0.117%, 7d avg −0.094%
Together, before fees−0.024%−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.023% cheaper against KuCoin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.094%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CPUSDTM0.013640.0100pay 0.0050% / 4h21m 54s$191K$927K20x
ShortBitget CPUSDT0.013620.0100get 0.0050% / 4h21m 54s$794K$1.5M20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.117% → −0.094%
−$2.3
Slippage, 4 orders
−$379.39
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$405.69
Costs to cover
4.034%
Break-even
never at this rate
Slippage from KuCoin: live order book, 47 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 47 min ago10.99 bp175.9 bp −$176doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago7.70 bp24.2 bp −$2486.5 bp −$865doesn't fitdoesn't fit

CP on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CP-USDT+0.0070%4h0.013640.000%$1.0Mas long as short
Bybit CPUSDT+0.0100%4h0.01363−0.073%$1.5M$2.3M20xas long as short
OKX CP-USDT-SWAP+0.0100%4h0.013640.000%$3.8M$10.7M20xas long as short
Gate CP_USDT+0.0100%4h0.01362−0.147%$566K$512K20xas long as short
MEXC CP_USDT+0.0100%4h0.01362−0.147%$1.5M$363K20xas long as short
KuCoin CPUSDTMlong+0.0100%4h0.01364long leg$191K$927K20x
Bitget CPUSDTshort+0.0100%4h0.01362−0.117%$794K$1.5M20x
BloFin CP-USDT+0.0104%4h0.01368+0.293%$417$37K20xas long as short