Funding you earn now, next payment 04:00 UTC−0.0136%/8h= −14.9% APRnext payment −$0.68 per $10,000 · paid last 24h −0.040%
Price spread now: KuCoin against Bitget+0.248%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,272as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,239as in the Price arb table
costs, in and out, $10k−$1,27012.704% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.248%, 7d avg −0.071%
=The price spread pays, funding is against you. KuCoin is 0.319% dearer against Bitget than usual: you sell high and buy low (spread +0.248% now, against its 7-day average of −0.071%): +$32 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 7.8 days. At the pace of the last 7 days (−0.015% in total) that is about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GWEIUSDT | 0.02299 | 0.0236 | pay 0.0118% / 4h | 1h 07m | $1.9M | $229K | 20x |
| Short | KuCoin GWEIUSDTM | 0.02305 | 0.0100 | get 0.0050% / 4h | 1h 07m | $453K | $23K | 20x |
Bitget GWEIUSDT
KuCoin GWEIUSDTMFunding 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
- −$28.56
- Price spread: +0.248% → −0.071%
- $31.91
- Slippage, 4 orders
- −$1,246.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,267.07
- Costs to cover
- 12.704%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 15 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, 5 min ago | 4.33 bp | 34.8 bp −$35 | 292.1 bp −$2,921 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 15 min ago | 23.21 bp | 373.6 bp −$374 | doesn't fit | doesn't fit | doesn't fit |
GWEI 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 GWEIUSDTMshort | +0.0100% | 4h | 0.02305 | +0.248% | $453K | $23K | 20x | |
| Variational Omni GWEI | +0.0100% | 4h | 0.02312 | +0.546% | $4K | $55 | — | as long as short |
| Bybit GWEIUSDT | +0.0221% | 4h | 0.02307 | +0.348% | $385K | $137K | 25x | as long as short |
| Bitget GWEIUSDTlong | +0.0236% | 4h | 0.02299 | long leg | $1.9M | $229K | 20x | |
| Extended GWEI-USD | +0.0240% | 1h | 0.02303 | +0.173% | $6K | $128K | 5x | as long as short |
| Binance GWEIUSDT | +0.0241% | 4h | 0.02303 | +0.174% | $2.3M | $2.7M | 50x | as long as short |
| MEXC GWEI_USDT | +0.0250% | 4h | 0.02302 | +0.130% | $107K | $87K | 20x | as long as short |
| BingX GWEI-USDT | +0.0276% | 4h | 0.02302 | +0.130% | — | $1.6M | — | as long as short |
| BloFin GWEI-USDT | +0.0279% | 4h | 0.02307 | +0.348% | $172K | $31K | 50x | as long as short |
| Gate GWEI_USDT | +0.1046% | 4h | 0.02303 | +0.170% | $388K | $427K | 10x | as long as short |
Variational Omni GWEI
Bybit GWEIUSDT
Extended GWEI-USD
Binance GWEIUSDT
MEXC GWEI_USDT
BingX GWEI-USDT
BloFin GWEI-USDT
Gate GWEI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1419% | 4h | 0.02305 | +0.251% | $19K | $18K | 10x | as long as short |
Aster GWEIUSDT