Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against KuCoin+0.248%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$415as in the Funding arb table
Net, price: spread back to 7d avg − costs−$379as in the Price arb table
costs, in and out, $10k−$3993.994% of the position
Funding, last 7 days−0.152%−$15 on $10k
+Price spread, last 4 days (all we have)−0.211%−$21 · spread now +0.248%, 7d avg +0.047%
=The price spread pays, funding is against you. Bitget is 0.201% dearer against KuCoin than usual: you sell high and buy low (spread +0.248% now, against its 7-day average of +0.047%): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AMATUSDTM | 463.23 | 0.0100 | pay 0.0100% / 8h | 3h 14m | $404K | $543K | 20x |
| Short | Bitget AMATUSDT | 464.38 | 0 | get 0.0000% / 8h | 3h 14m | $2.0M | $1.7M | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.248% → +0.047%
- $20.13
- Slippage, 4 orders
- −$375.38
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$400.25
- Costs to cover
- 3.994%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 58 min ago; Bitget: live order book, 2 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, 58 min ago | 6.61 bp | 207.8 bp −$208 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 6.04 bp | 15.4 bp −$15 | 53.1 bp −$531 | doesn't fit | doesn't fit |
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 463.58 | +0.076% | $10K | $11K | 20x | as long as short |
| Extended AMAT-USD | 0.0000% | 1h | 463.19 | −0.009% | $5K | $27K | 10x | as long as short |
| Binance AMATUSDT | 0.0000% | 8h | 463.23 | 0.000% | $8.6M | $13.2M | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 463.20 | −0.006% | $866K | $672K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 463.40 | +0.037% | $1.4M | $1.6M | 20x | as long as short |
| Bitget AMATUSDTshort | 0.0000% | 8h | 464.38 | +0.248% | $2.0M | $1.7M | 20x | |
| Variational Omni AMAT | 0.0000% | 8h | 463.98 | +0.163% | $65K | $44K | — | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 463.09 | −0.030% | $14 | $104K | 10x | as long as short |
| BloFin AMAT-USDT | +0.0021% | 8h | 463.05 | −0.039% | $109K | $105K | 20x | as long as short |
| Gate AMAT_USDT | +0.0038% | 8h | 463.10 | −0.028% | $1.6M | $6.5M | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMAT-USD-PERP | +0.0046% | 1h | 463.50 | +0.058% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 463.12 | −0.024% | $2.6M | $2.2M | 10x | as long as short |
| KuCoin AMATUSDTMlong | +0.0100% | 8h | 463.23 | long leg | $404K | $543K | 20x | |
| SunX AMAT-USDT | +0.0100% | 8h | 462.38 | −0.183% | $1K | $375K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 464.59 | +0.294% | $169K | $39K | 20x | as long as short |
| Phoenix AMAT | +0.0222% | 1h | 463.42 | +0.041% | $19K | $110K | 10x | as long as short |
KuCoin AMATUSDTM
Bitget AMATUSDT
Aster AMATUSDT
Extended AMAT-USD
Binance AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Variational Omni AMAT
GRVT AMAT_USDT_Perp
BloFin AMAT-USDT
Gate AMAT_USDT
tradeXYZ xyz:AMAT
SunX AMAT-USDT
HTX AMAT-USDT
Phoenix AMAT