Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin−0.073%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$954as in the Funding arb table
Net, price: spread back to 7d avg − costs−$963as in the Price arb table
costs, in and out, $10k−$9549.535% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.176%−$18 · spread now −0.073%, 7d avg +0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.091% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin USUALUSDTM | 0.01364 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $286K | $65K | 20x |
| Short | Bitget USUALUSDT | 0.01363 | 0.0100 | get 0.0050% / 4h | 3h 39m | $830K | $518K | 50x |
KuCoin USUALUSDTM
Bitget USUALUSDTFunding 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
- $0
- Price spread: −0.073% → +0.018%
- −$9.11
- Slippage, 4 orders
- −$929.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$962.62
- Costs to cover
- 9.535%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Bitget: live order book, 7 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, 2 min ago | 22.03 bp | 279.4 bp −$279 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 7 min ago | 11.07 bp | 20.4 bp −$20 | 108.1 bp −$1,081 | doesn't fit | doesn't fit |
USUAL on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4318% | 1h | 0.01340 | −1.760% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.1365% | 1h | 0.01360 | −0.296% | $111K | $25K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01362 | −0.147% | $387K | $241K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01362 | −0.113% | $2.1M | $3.6M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01363 | −0.044% | $1.0M | $974K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01363 | −0.073% | $910K | $256K | 50x | as long as short |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01362 | −0.132% | $5.9M | $282K | 100x | as long as short |
| KuCoin USUALUSDTMlong | +0.0100% | 4h | 0.01364 | long leg | $286K | $65K | 20x | |
| Bitget USUALUSDTshort | +0.0100% | 4h | 0.01363 | −0.073% | $830K | $518K | 50x | |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01362 | −0.117% | — | $1.2M | — | as long as short |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
MEXC USUAL_USDT
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01356 | −0.601% | $9K | $100 | — | as long as short |
Variational Omni USUAL