Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.67 per $10,000 · paid last 24h +0.027%
Price spread now: Bitget against KuCoin−0.022%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1421.424% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.022%, 7d avg +0.066%
=Funding pays, the price is against you. Bitget is 0.088% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.066%). If the spread goes back, that is −$9 on $10k: about 4.4 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PEOPLEUSDTM | 0.009106 | 0.0033 | pay 0.0033% / 8h | 2h 26m | $663K | $162K | 50x |
| Short | Bitget PEOPLEUSDT | 0.009104 | 0.0100 | get 0.0100% / 8h | 2h 26m | $1.7M | $1.4M | 50x |
KuCoin PEOPLEUSDTM
Bitget PEOPLEUSDTFunding 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
- $14.07
- Price spread: −0.022% → +0.066%
- −$8.84
- Slippage, 4 orders
- −$118.44
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$137.21
- Costs to cover
- 1.424%
- Break-even
- 75.3 days
Slippage from KuCoin: live order book, 33 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, 33 min ago | 14.06 bp | 36.9 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 5.50 bp | 41.5 bp −$41 | 102.8 bp −$1,028 | doesn't fit | doesn't fit |
PEOPLE on 15 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_PEOPLEUSD | −0.0604% | 1h | 0.009105 | −0.012% | $35K | $48K | 10x | as long as short |
| Variational Omni PEOPLE | −0.0062% | 8h | 0.009137 | +0.341% | $6K | $4K | — | as long as short |
| Gate PEOPLE_USDT | −0.0036% | 8h | 0.009107 | +0.011% | $764K | $1.7M | 50x | as long as short |
| KuCoin PEOPLEUSDTMlong | +0.0033% | 8h | 0.009106 | long leg | $663K | $162K | 50x | |
| Bybit PEOPLEUSDT | +0.0076% | 8h | 0.009102 | −0.044% | $1.7M | $2.8M | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0097% | 8h | 0.009105 | −0.011% | $693K | $321K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0099% | 8h | 0.009107 | +0.011% | $3.3M | $9.4M | 20x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009105 | −0.011% | $431K | $333K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009108 | +0.024% | $11K | $96K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009108 | +0.024% | $5.6M | $18.2M | 50x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
Gate PEOPLE_USDT
Bybit PEOPLEUSDT
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAP
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDTshort | +0.0100% | 8h | 0.009104 | −0.022% | $1.7M | $1.4M | 50x | |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009101 | −0.055% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009110 | +0.044% | $43K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009106 | −0.004% | $182 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0112% | 8h | 0.009102 | −0.044% | $351K | $104K | 50x | as long as short |
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT