Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget0.000%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,549as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,549as in the Price arb table
costs, in and out, $10k−$1,54915.488% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now 0.000%, 7d avg +0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget INITUSDT | 0.08484 | 0.0100 | pay 0.0050% / 4h | 3h 13m | $439K | $188K | 25x |
| Short | KuCoin INITUSDTM | 0.08484 | 0.0100 | get 0.0050% / 4h | 3h 13m | $328K | $38K | 25x |
Bitget INITUSDT
KuCoin INITUSDTMFunding 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
- $0
- Price spread: 0.000% → +0.002%
- −$0.17
- Slippage, 4 orders
- −$1,524.8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,548.97
- Costs to cover
- 15.488%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 12 min ago; KuCoin: live order book, 9 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, 12 min ago | 9.56 bp | 39.6 bp −$40 | 210.3 bp −$2,103 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 28.31 bp | 472.6 bp −$473 | doesn't fit | doesn't fit | doesn't fit |
INIT on 13 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_INITUSD | −0.0125% | 1h | 0.08486 | +0.028% | $5K | $13K | 10x | as long as short |
| Hyperliquid INIT | +0.0100% | 1h | 0.08493 | +0.111% | $316K | $135K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08473 | −0.124% | $28K | $7K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08494 | +0.118% | $3.5M | $2.4M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08482 | −0.024% | $1.4M | $1.1M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08485 | +0.012% | $141K | $420K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08488 | +0.047% | $83K | $15K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08496 | +0.141% | $440K | $147K | 20x | as long as short |
| KuCoin INITUSDTMshort | +0.0100% | 4h | 0.08484 | 0.000% | $328K | $38K | 25x | |
| Bitget INITUSDTlong | +0.0100% | 4h | 0.08484 | long leg | $439K | $188K | 25x |
Kraken Futures PF_INITUSD
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
MEXC INIT_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX INIT-USDT | +0.0100% | 4h | 0.08478 | −0.071% | — | $6.5M | — | as long as short |
| Variational Omni INIT | +0.0100% | 4h | 0.08489 | +0.062% | $27K | $10K | — | as long as short |
| BloFin INIT-USDT | +0.0149% | 4h | 0.08507 | +0.271% | $153K | $34K | 25x | as long as short |
BingX INIT-USDT
Variational Omni INIT
BloFin INIT-USDT