Funding you earn now, next payment 23:00 UTC+1.1728%/8h= +1284.2% APRnext payment +$14.66 per $10,000 · paid last 24h +7.926%
Price spread now: Bitget against KuCoin−9.440%7-day average −0.617% · you buy dearer than you sell
Net, funding: paid 7d − costs+$1,568as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,333as in the Price arb table
costs, in and out, $10k−$4514.511% of the position
Funding, last 7 days+20.188%+$2,019 on $10k
+Price spread, last 7 days+11.657%+$1,166 · spread now −9.440%, 7d avg −0.617%
=Funding pays, the price is against you. Bitget is 8.823% cheaper against KuCoin than usual: you would sell low and buy high (spread −9.440% now, against its 7-day average of −0.617%). If the spread goes back, that is −$882 on $10k: about 2.5 days of funding at the current rate (+$352 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ONEUSDTM | 0.004807 | −1.6360 | get 0.2045% / 1h | 17m 38s | $5.3M | $13.0M | 30x |
| Short | Bitget ONEUSDT | 0.004353 | −0.4632 | pay 0.0579% / 1h | 17m 38s | $1.8M | $37.6M | 20x |
Funding 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
- $2,462.88
- Price spread: −9.440% → −0.617%
- −$882.32
- Slippage, 4 orders
- −$427.06
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $1,129.5
- Costs to cover
- 4.511%
- Break-even
- 3.8 days
Slippage from KuCoin: live order book, 6 min ago; Bitget: live order book, 1 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, 6 min ago | 6.58 bp | 230.1 bp −$230 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 1.49 bp | 40.8 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
ONE on 9 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 ONEUSDTMlong | −1.6360% | 1h | 0.004807 | long leg | $5.3M | $13.0M | 30x | |
| Variational Omni ONE | −1.1979% | 1h | 0.004300 | −10.546% | $106K | $54K | — | as long as short |
| Bitget ONEUSDTshort | −0.4632% | 1h | 0.004353 | −9.440% | $1.8M | $37.6M | 20x | |
| BloFin ONE-USDT | −0.3809% | 1h | 0.004336 | −9.796% | $828K | $3.3M | 50x | as long as short |
| Aster ONEUSDT | −0.1820% | 1h | 0.004343 | −9.659% | $2.3M | $8.5M | 5x | as long as short |
| MEXC ONE_USDT | −0.1704% | 1h | 0.004353 | −9.438% | $11.0M | $16.8M | 20x | as long as short |
| Binance ONEUSDT | −0.1697% | 1h | 0.004340 | −9.707% | $14.5M | $360.9M | 50x | as long as short |
| Gate ONE_USDT | −0.0405% | 8h | 0.004332 | −9.881% | $1.8M | $16.9M | 20x | as long as short |
| BingX ONE-USDT | −0.0152% | 1h | 0.004347 | −9.567% | — | $6.6M | — | as long as short |
KuCoin ONEUSDTM
Bitget ONEUSDT
Variational Omni ONE
BloFin ONE-USDT
Aster ONEUSDT
MEXC ONE_USDT
Binance ONEUSDT
Gate ONE_USDT
BingX ONE-USDT