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

ID

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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 −0.034%
Price spread now: KuCoin against Bitget−0.238%7-day average −0.169% · you buy dearer than you sell
Net, funding: paid 7d − costs−$625as in the Funding arb table
Net, price: spread back to 7d avg − costs−$624as in the Price arb table
costs, in and out, $10k−$6176.175% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.074%−$7 on $10k
Price spread, last 4 days (all we have)+0.262%+$26 · spread now −0.238%, 7d avg −0.169%
Together, before fees+0.188%+$19 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: KuCoin is 0.069% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.169%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IDUSDT0.037860.0100pay 0.0050% / 4h1h 56m$808K$631K50x
ShortKuCoin IDUSDTM0.037770.0100get 0.0050% / 4h1h 56m$1.1M$66K30x

Funding 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 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: −0.238% → −0.169%
−$6.89
Slippage, 4 orders
−$593.48
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$624.38
Costs to cover
6.175%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 3 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 Bitget live order book, 4 min ago3.97 bp21.4 bp −$21135.5 bp −$1,355doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago13.23 bp414.5 bp −$415doesn't fitdoesn't fitdoesn't fit

ID on 10 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
Aster IDUSDT+0.0100%4h0.03783−0.067%$9K$1475xas long as short
Binance IDUSDT+0.0100%4h0.03782−0.094%$2.4M$3.7M50xas long as short
Bybit IDUSDT+0.0100%8h0.03784−0.053%$1.4M$1.1M25xas long as short
Gate ID_USDT+0.0100%4h0.03779−0.185%$250K$241K25xas long as short
MEXC ID_USDT+0.0100%4h0.03781−0.132%$412K$184K20xas long as short
KuCoin IDUSDTMshort+0.0100%4h0.03777−0.238%$1.1M$66K30x
Bitget IDUSDTlong+0.0100%4h0.03786long leg$808K$631K50x
BingX ID-USDT+0.0100%4h0.03778−0.211%$2.3Mas long as short
Variational Omni ID+0.0100%8h0.03780−0.163%$12K$20Kas long as short
Kraken Futures PF_IDUSD+0.0629%1h0.03775−0.296%$4K$2K10xas long as short