Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Bitget against KuCoin+0.120%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1331.327% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.045%−$5 · spread now +0.120%, 7d avg +0.086%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.034% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.086%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GMTUSDTM | 0.008330 | 0.0100 | pay 0.0050% / 4h | 21m 20s | $249K | $99K | 50x |
| Short | Bitget GMTUSDT | 0.008340 | 0.0100 | get 0.0050% / 4h | 21m 20s | $672K | $398K | 50x |
KuCoin GMTUSDTM
Bitget GMTUSDTFunding 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
- $0
- Price spread: +0.120% → +0.086%
- $3.43
- Slippage, 4 orders
- −$108.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$129.23
- Costs to cover
- 1.327%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 39 min ago; Bitget: live order book, 54 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, 39 min ago | 5.98 bp | 31.9 bp −$32 | 240.4 bp −$2,404 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 54 min ago | 7.82 bp | 24.6 bp −$25 | 228.6 bp −$2,286 | 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 | −0.1565% | 1h | 0.008335 | +0.062% | $45K | $11K | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008346 | +0.192% | $123K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008341 | +0.128% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008341 | +0.138% | $2.7M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008334 | +0.048% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008333 | +0.036% | $349K | $561K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008340 | +0.120% | $145K | $105K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008339 | +0.108% | $420K | $184K | 20x | as long as short |
| KuCoin GMTUSDTMlong | +0.0100% | 4h | 0.008330 | long leg | $249K | $99K | 50x | |
| Bitget GMTUSDTshort | +0.0100% | 4h | 0.008340 | +0.120% | $672K | $398K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMT | +0.0100% | 8h | 0.008332 | +0.023% | $3K | $5K | — | as long as short |
| BingX GMT-USDT | +0.0200% | 4h | 0.008342 | +0.144% | — | $1.2M | — | as long as short |
Variational Omni GMT
BingX GMT-USDT