Funding you earn now, next payment 04:00 UTC+0.0554%/8h= +60.7% APRnext payment +$2.77 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin+0.263%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$339as in the Funding arb table
Net, price: spread back to 7d avg − costs−$324as 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)−0.119%−$12 · spread now +0.263%, 7d avg +0.069%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Bitget is 0.194% dearer against KuCoin than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.069%.
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 +$2.77 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 | KuCoin XECUSDTM | 0.000008740 | −0.0454 | get 0.0227% / 4h | 2h 03m | $173K | $104K | 20x |
| Short | Bitget 1000XECUSDT | 0.000008763 | 0.0100 | get 0.0050% / 4h | 2h 03m | $1.2M | $652K | 50x |
KuCoin XECUSDTM
Bitget 1000XECUSDTFunding 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
- $116.34
- Price spread: +0.263% → +0.069%
- $19.39
- Slippage, 4 orders
- −$319.1
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$207.37
- Costs to cover
- 3.431%
- Break-even
- 19.5 days
Slippage from KuCoin: live order book, 31 min ago; Bitget: live order book, 3 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, 31 min ago | 17.11 bp | 90.5 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 8.58 bp | 39.5 bp −$39 | 183.9 bp −$1,839 | 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 | −0.0456% | 8h | 0.000008752 | +0.137% | $667K | $710K | 20x | as long as short |
| KuCoin XECUSDTMlong | −0.0454% | 4h | 0.000008740 | long leg | $173K | $104K | 20x | |
| Aster 1000XECUSDT | −0.0099% | 4h | 0.000008754 | +0.165% | $2K | $36K | 5x | as long as short |
| Binance 1000XECUSDT | +0.0040% | 4h | 0.000008764 | +0.275% | $1.7M | $6.9M | 75x | as long as short |
| MEXC XEC_USDT | +0.0052% | 4h | 0.000008759 | +0.217% | $341K | $109K | 20x | as long as short |
| Extended kXEC-USD | +0.0056% | 1h | 0.000008764 | +0.270% | $3K | — | 5x | as long as short |
| Bitget 1000XECUSDTshort | +0.0100% | 4h | 0.000008763 | +0.263% | $1.2M | $652K | 50x |
Bybit 1000XECUSDT
Aster 1000XECUSDT
Binance 1000XECUSDT
MEXC XEC_USDT
Extended kXEC-USD