Funding you earn now, next payment 00:00 UTC−0.0108%/8h= −11.8% APRnext payment −$0.54 per $10,000 · paid last 24h −0.003%
Price spread now: KuCoin against Bitget−0.096%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1391.389% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.096%, 7d avg −0.087%
=The price spread sits at its 7-day average of −0.087%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GMTUSDT | 0.008318 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $670K | $400K | 50x |
| Short | KuCoin GMTUSDTM | 0.008310 | −0.0008 | pay 0.0004% / 4h | 1h 13m | $252K | $100K | 50x |
Bitget GMTUSDT
KuCoin GMTUSDTMFunding 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
- −$22.68
- Price spread: −0.096% → −0.087%
- −$0.92
- Slippage, 4 orders
- −$114.92
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$162.52
- Costs to cover
- 1.389%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 56 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, 1 min ago | 7.82 bp | 22.0 bp −$22 | 283.5 bp −$2,835 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 56 min ago | 18.02 bp | 47.9 bp −$48 | 235.6 bp −$2,356 | doesn't fit | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.0997% | 1h | 0.008325 | +0.085% | $45K | $10K | 20x | as long as short |
| KuCoin GMTUSDTMshort | −0.0008% | 4h | 0.008310 | −0.096% | $252K | $100K | 50x | |
| Hyperliquid GMT | +0.0100% | 1h | 0.008323 | +0.060% | $122K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008318 | +0.003% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008322 | +0.048% | $2.6M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008320 | +0.024% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008316 | −0.024% | $345K | $551K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008320 | +0.024% | $146K | $105K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008323 | +0.060% | $421K | $185K | 20x | as long as short |
| Bitget GMTUSDTlong | +0.0100% | 4h | 0.008318 | long leg | $670K | $400K | 50x |
Kraken Futures PF_GMTUSD
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008318 | 0.000% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008311 | −0.085% | $3K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT