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

ESP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin+0.011%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2232.233% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.142%−$14 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.011%, 7d avg −0.036%
Together, before fees−0.138%−$14 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 0.047% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ESPUSDTM0.093470.0100pay 0.0050% / 4h42m 40s$1.5M$45K25x
ShortBitget ESPUSDT0.093480.0100get 0.0050% / 4h42m 40s$939K$136K20x

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: +0.011% → −0.036%
$4.69
Slippage, 4 orders
−$199.27
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$218.58
Costs to cover
2.233%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bitget: live order book, 13 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, 3 min ago10.18 bp83.4 bp −$83801.8 bp −$8,018doesn't fitdoesn't fit
Sell Bitget live order book, 13 min ago13.15 bp39.8 bp −$40107.8 bp −$1,078doesn't fitdoesn't fit

ESP on 11 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 ESP-USDT+0.0036%4h0.09343−0.043%$1.7Mas long as short
BloFin ESP-USDT+0.0088%4h0.09345−0.021%$125K$33K25xas long as short
Aster ESPUSDT+0.0100%4h0.09344−0.032%$6K$18K5xas long as short
Binance ESPUSDT+0.0100%4h0.09345−0.021%$2.4M$4.1M25xas long as short
OKX ESP-USDT-SWAP+0.0100%4h0.09350+0.032%$594K$1.1M20xas long as short
Gate ESP_USDT+0.0100%8h0.09357+0.107%$175K$596K50xas long as short
MEXC ESP_USDT+0.0100%4h0.09344−0.032%$1.2M$119K20xas long as short
KuCoin ESPUSDTMlong+0.0100%4h0.09347long leg$1.5M$45K25x
Bitget ESPUSDTshort+0.0100%4h0.09348+0.011%$939K$136K20x
edgeX ESPUSDC+0.0101%4h0.09319−0.298%$29K$268K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ESPUSDT+0.0430%4h0.09329−0.193%$1.1M$614K50xas long as short