Funding you earn now, next payment 04:00 UTC+0.0502%/8h= +55.0% APRnext payment +$2.51 per $10,000 · paid last 24h +0.040%
Price spread now: Bitget against KuCoin−0.160%7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,139as in the Price arb table
costs, in and out, $10k−$1,11611.156% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)+0.162%+$16 · spread now −0.160%, 7d avg +0.070%
=Funding pays, the price is against you. Bitget is 0.230% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.160% now, against its 7-day average of +0.070%). If the spread goes back, that is −$23 on $10k: about 37 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.014% in total) that is about 4 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GWEIUSDTM | 0.02317 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $454K | $22K | 20x |
| Short | Bitget GWEIUSDT | 0.02313 | 0.0602 | get 0.0301% / 4h | 1h 54m | $1.9M | $218K | 20x |
KuCoin GWEIUSDTM
Bitget GWEIUSDTFunding 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
- $105.42
- Price spread: −0.160% → +0.070%
- −$22.97
- Slippage, 4 orders
- −$1,091.61
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,033.16
- Costs to cover
- 11.156%
- Break-even
- 75.6 days
Slippage from KuCoin: live order book, 42 min ago; Bitget: live order book, 2 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, 42 min ago | 29.27 bp | 749.5 bp −$750 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.15 bp | 40.4 bp −$40 | 253.0 bp −$2,530 | doesn't fit | doesn't fit |
GWEI on 10 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 GWEIUSDTMlong | +0.0100% | 4h | 0.02317 | long leg | $454K | $22K | 20x | |
| Variational Omni GWEI | +0.0100% | 4h | 0.02327 | +0.428% | $4K | $55 | — | as long as short |
| Binance GWEIUSDT | +0.0517% | 4h | 0.02316 | −0.030% | $2.4M | $2.6M | 50x | as long as short |
| Extended GWEI-USD | +0.0520% | 1h | 0.02314 | −0.123% | $8K | $125K | 5x | as long as short |
| MEXC GWEI_USDT | +0.0524% | 4h | 0.02314 | −0.117% | $107K | $84K | 20x | as long as short |
| Bitget GWEIUSDTshort | +0.0602% | 4h | 0.02313 | −0.160% | $1.9M | $218K | 20x | |
| Bybit GWEIUSDT | +0.0784% | 4h | 0.02321 | +0.186% | $385K | $124K | 25x | as long as short |
| BingX GWEI-USDT | +0.0794% | 4h | 0.02314 | −0.117% | — | $1.6M | — | as long as short |
| Gate GWEI_USDT | +0.0970% | 4h | 0.02317 | +0.004% | $388K | $408K | 10x | as long as short |
| Aster GWEIUSDT | +0.1476% | 4h | 0.02317 | −0.003% | $18K | $17K | 10x | as long as short |
Variational Omni GWEI
Binance GWEIUSDT
Extended GWEI-USD
MEXC GWEI_USDT
Bybit GWEIUSDT
BingX GWEI-USDT
Gate GWEI_USDT
Aster GWEIUSDT