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

NIL

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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 0.000%
Price spread now: KuCoin against Bitget−0.111%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1601.601% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.111%, 7d avg +0.053%
Together, before fees+0.179%+$18 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 0.165% cheaper against Bitget than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NILUSDT0.071890.0100pay 0.0050% / 4h2h 00m$1.8M$8.1M50x
ShortKuCoin NILUSDTM0.071810.0100get 0.0050% / 4h2h 00m$546K$655K30x

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: −0.111% → +0.053%
−$16.45
Slippage, 4 orders
−$136.11
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$176.56
Costs to cover
1.601%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 38 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, 3 min ago7.64 bp23.0 bp −$2398.1 bp −$981doesn't fitdoesn't fit
Sell KuCoin live order book, 38 min ago10.86 bp61.4 bp −$61550.6 bp −$5,506doesn't fitdoesn't fit

NIL on 11 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 NILUSDT+0.0100%4h0.07182−0.095%$23K$339K5xas long as short
Binance NILUSDT+0.0100%4h0.07181−0.112%$5.6M$74.6M50xas long as short
Bybit NILUSDT+0.0100%4h0.07193+0.056%$4.0M$13.5M20xas long as short
Gate NIL_USDT+0.0100%4h0.07185−0.056%$457K$1.9M50xas long as short
MEXC NIL_USDT+0.0100%4h0.07186−0.042%$2.4M$4.6M100xas long as short
KuCoin NILUSDTMshort+0.0100%4h0.07181−0.111%$546K$655K30x
Bitget NILUSDTlong+0.0100%4h0.07189long leg$1.8M$8.1M50x
BingX NIL-USDT+0.0100%4h0.07188−0.014%$8.4Mas long as short
Extended NIL-USD+0.0104%1h0.07178−0.155%$17K$91K5xas long as short
Variational Omni NIL+0.0291%4h0.07207+0.254%$197K$271Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid NIL+0.2341%1h0.07204+0.203%$4.5M$4.5M3xas long as short