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

W

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Alert: funding
Alert: spread
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 KuCoin0.000%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$258as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2582.578% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now 0.000%, 7d avg −0.012%
Together, before fees−0.031%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin WUSDTM0.011790.0100pay 0.0050% / 4h1h 15m$465K$248K50x
ShortBitget WUSDT0.011790.0100get 0.0050% / 4h1h 15m$1.3M$579K50x

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
$0
Price spread: 0.000% → −0.012%
$1.19
Slippage, 4 orders
−$233.77
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$256.58
Costs to cover
2.578%
Break-even
never at this rate
Slippage from KuCoin: live order book, 56 min ago; Bitget: live order book, 5 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, 56 min ago8.54 bp104.2 bp −$104297.2 bp −$2,972doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago4.25 bp23.6 bp −$2485.0 bp −$850doesn't fitdoesn't fit

W on 17 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
Deribit W_USDC-PERPETUAL−0.0428%1h0.01179−0.025%$17K$1K10xas long as short
OKX W-USDT-SWAP−0.0091%4h0.01177−0.136%$1.3M$2.0M20xas long as short
Injective W/USDC PERP+0.0033%1h0.01209+2.545%$1K$1K12xas long as short
Hyperliquid W+0.0100%1h0.011790.000%$2.0M$427K5xas long as short
Binance WUSDT+0.0100%4h0.01178−0.061%$3.0M$7.0M50xas long as short
Bybit WUSDT+0.0100%4h0.01176−0.246%$4.1M$1.9M50xas long as short
Gate W_USDT+0.0100%4h0.01176−0.246%$443K$293K75xas long as short
MEXC W_USDT+0.0100%4h0.01178−0.068%$12.8M$1.4M50xas long as short
KuCoin WUSDTMlong+0.0100%4h0.01179long leg$465K$248K50x
Bitget WUSDTshort+0.0100%4h0.011790.000%$1.3M$579K50x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX W-USDT+0.0100%4h0.01177−0.136%$6.9Mas long as short
Variational Omni W+0.0100%4h0.01176−0.254%$71K$42Kas long as short
GRVT W_USDT_Perp+0.0100%4h0.01177−0.191%$129K$385K10xas long as short
Extended W-USD+0.0104%1h0.01178−0.080%$59K$276K5xas long as short
Coinbase International W-PERP-INTX+0.0240%1h0.011790.000%$14K$17K50xas long as short
Backpack W_USDC_PERP+0.0359%1h0.01180+0.076%$44K$47K15xas long as short
Kraken Futures PF_WUSD+0.0396%1h0.01181+0.206%$146K$182K20xas long as short