Funding you earn now, next payment 04:00 UTC−0.0530%/8h= −58.0% APRnext payment −$2.65 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.262%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$347as in the Funding arb table
Net, price: spread back to 7d avg − costs−$362as in the Price arb table
costs, in and out, $10k−$3433.431% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.262%, 7d avg −0.069%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and KuCoin is 0.193% cheaper against Bitget than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.069%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.036% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.65 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget 1000XECUSDT | 0.000008763 | 0.0100 | pay 0.0050% / 4h | 2h 03m | $1.2M | $652K | 50x |
| Short | KuCoin XECUSDTM | 0.000008740 | −0.0430 | pay 0.0215% / 4h | 2h 03m | $173K | $104K | 20x |
Bitget 1000XECUSDT
KuCoin XECUSDTMFunding 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
- −$111.3
- Price spread: −0.262% → −0.069%
- −$19.33
- Slippage, 4 orders
- −$319.1
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$473.73
- Costs to cover
- 3.431%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 31 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, 2 min ago | 8.58 bp | 30.1 bp −$30 | 216.6 bp −$2,166 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 31 min ago | 17.11 bp | 183.1 bp −$183 | doesn't fit | doesn't fit | doesn't fit |
XEC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000XECUSDT | −0.0473% | 8h | 0.000008745 | −0.205% | $667K | $710K | 20x | as long as short |
| KuCoin XECUSDTMshort | −0.0430% | 4h | 0.000008740 | −0.262% | $173K | $104K | 20x | |
| Aster 1000XECUSDT | −0.0099% | 4h | 0.000008756 | −0.076% | $2K | $36K | 5x | as long as short |
| Binance 1000XECUSDT | +0.0053% | 4h | 0.000008764 | +0.011% | $1.7M | $6.9M | 75x | as long as short |
| MEXC XEC_USDT | +0.0054% | 4h | 0.000008752 | −0.126% | $340K | $109K | 20x | as long as short |
| Extended kXEC-USD | +0.0056% | 1h | 0.000008752 | −0.122% | $3K | — | 5x | as long as short |
| Bitget 1000XECUSDTlong | +0.0100% | 4h | 0.000008763 | long leg | $1.2M | $652K | 50x |
Bybit 1000XECUSDT
Aster 1000XECUSDT
Binance 1000XECUSDT
MEXC XEC_USDT
Extended kXEC-USD