Funding you earn now, next payment 00:00 UTC+0.1402%/8h= +153.5% APRnext payment +$7.01 per $10,000 · paid last 24h +0.508%
Price spread now: KuCoin against Bitget−1.248%7-day average −0.233% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$486as in the Price arb table
costs, in and out, $10k−$3853.847% of the position
Funding, last 7 days+2.374%+$237 on $10k
+Price spread, last 7 days+1.717%+$172 · spread now −1.248%, 7d avg −0.233%
=Funding pays, the price is against you. KuCoin is 1.015% cheaper against Bitget than usual: you would sell low and buy high (spread −1.248% now, against its 7-day average of −0.233%). If the spread goes back, that is −$102 on $10k: about 2.4 days of funding at the current rate (+$42 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MUSDT | 1.4601 | 0.0100 | pay 0.0050% / 4h | 26m 00s | $1.9M | $364K | 10x |
| Short | KuCoin MUSDTM | 1.4419 | 0.1502 | get 0.0751% / 4h | 26m 00s | $1.4M | $4.3M | 10x |
Bitget MUSDT
KuCoin MUSDTMFunding 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
- $294.42
- Price spread: −1.248% → −0.233%
- −$101.5
- Slippage, 4 orders
- −$360.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$191.78
- Costs to cover
- 3.847%
- Break-even
- 11.6 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: 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 Bitget live order book, 1 min ago | 8.90 bp | 49.3 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 7.26 bp | 88.3 bp −$88 | doesn't fit | doesn't fit | doesn't fit |
M 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4551 | −0.342% | $4.6M | $2.3M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4545 | −0.384% | $2.0M | $939K | 10x | as long as short |
| Bitget MUSDTlong | +0.0100% | 4h | 1.4601 | long leg | $1.9M | $364K | 10x | |
| Variational Omni M | +0.0100% | 4h | 1.4579 | −0.148% | $90K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4582 | −0.130% | $2K | $596 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4609 | +0.055% | $2K | $620K | 20x | as long as short |
| Aster MUSDT | +0.0899% | 4h | 1.4584 | −0.119% | $15K | $116K | 5x | as long as short |
| BingX M-USDT | +0.1222% | 4h | 1.4545 | −0.384% | — | $2.4M | — | as long as short |
| MEXC M_USDT | +0.1294% | 4h | 1.4575 | −0.178% | $247K | $112K | 50x | as long as short |
| Binance MUSDT | +0.1300% | 4h | 1.4566 | −0.237% | $5.5M | $4.8M | 10x | as long as short |
Bybit MUSDT
Gate M_USDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
BingX M-USDT
MEXC M_USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.1352% | 4h | 1.4663 | +0.425% | $358K | $432K | 10x | as long as short |
| KuCoin MUSDTMshort | +0.1502% | 4h | 1.4419 | −1.248% | $1.4M | $4.3M | 10x |
BloFin M-USDT