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

ONE

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+31.845%+$3,185 on $10k · with fees, hour by hour
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ONEUSDTM0.004807−1.6360get 0.2045% / 1h17m 38s$5.3M$13.0M30x
ShortBitget ONEUSDT0.004353−0.4632pay 0.0579% / 1h17m 38s$1.8M$37.6M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago6.58 bp230.1 bp −$230doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago1.49 bp40.8 bp −$41doesn't fitdoesn't fitdoesn't fit

ONE on 9 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
KuCoin ONEUSDTMlong−1.6360%1h0.004807long leg$5.3M$13.0M30x
Variational Omni ONE−1.1979%1h0.004300−10.546%$106K$54Kas long as short
Bitget ONEUSDTshort−0.4632%1h0.004353−9.440%$1.8M$37.6M20x
BloFin ONE-USDT−0.3809%1h0.004336−9.796%$828K$3.3M50xas long as short
Aster ONEUSDT−0.1820%1h0.004343−9.659%$2.3M$8.5M5xas long as short
MEXC ONE_USDT−0.1704%1h0.004353−9.438%$11.0M$16.8M20xas long as short
Binance ONEUSDT−0.1697%1h0.004340−9.707%$14.5M$360.9M50xas long as short
Gate ONE_USDT−0.0405%8h0.004332−9.881%$1.8M$16.9M20xas long as short
BingX ONE-USDT−0.0152%1h0.004347−9.567%$6.6Mas long as short