Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.144%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$357as in the Funding arb table
Net, price: spread back to 7d avg − costs−$371as in the Price arb table
costs, in and out, $10k−$3583.580% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)+0.310%+$31 · spread now −0.144%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.129% cheaper against Bitget than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USUALUSDT | 0.01387 | 0.0100 | pay 0.0050% / 4h | 1h 51m | $775K | $360K | 50x |
| Short | KuCoin USUALUSDTM | 0.01385 | 0.0100 | get 0.0050% / 4h | 1h 51m | $165K | $85K | 20x |
Bitget USUALUSDT
KuCoin USUALUSDTMFunding 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
- $0
- Price spread: −0.144% → −0.015%
- −$12.9
- Slippage, 4 orders
- −$333.98
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$370.89
- Costs to cover
- 3.580%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 56 min ago; KuCoin: live order book, 50 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, 56 min ago | 7.22 bp | 18.9 bp −$19 | 147.7 bp −$1,477 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 50 min ago | 3.61 bp | 149.4 bp −$149 | 955.4 bp −$9,554 | doesn't fit | doesn't fit |
USUAL on 11 exchanges
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_USUALUSD | −0.0049% | 1h | 0.01385 | −0.124% | $111K | $8K | 10x | as long as short |
| Injective USUAL/USDC PERP | +0.0033% | 1h | 0.01370 | −1.226% | $6K | $3K | 5.5x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01387 | 0.000% | $398K | $167K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01384 | −0.180% | $2.2M | $2.4M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01385 | −0.115% | $1.0M | $531K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01389 | +0.144% | $940K | $78K | 50x | as long as short |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01385 | −0.144% | $6.1M | $209K | 100x | as long as short |
| KuCoin USUALUSDTMshort | +0.0100% | 4h | 0.01385 | −0.144% | $165K | $85K | 20x | |
| Bitget USUALUSDTlong | +0.0100% | 4h | 0.01387 | long leg | $775K | $360K | 50x | |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01386 | −0.065% | — | $1.2M | — | as long as short |
Kraken Futures PF_USUALUSD
Injective USUAL/USDC PERP
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
MEXC USUAL_USDT
BingX USUAL-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01390 | +0.248% | $10K | $1K | — | as long as short |
Variational Omni USUAL