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

COST

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Alert: funding
Alert: spread
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+0.112%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$988as in the Funding arb table
Net, price: spread back to 7d avg − costs−$970as in the Price arb table
costs, in and out, $10k−$9729.716% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.165%−$16 on $10k
Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.112%, 7d avg +0.098%
Together, before fees−0.216%−$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.098%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin COSTUSDTM901.600.0100pay 0.0100% / 8h1h 39m$48K$901K20x
ShortBitget COSTUSDT902.610get 0.0000% / 8h1h 39m$401K$83K25x

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
−$21
Price spread: +0.112% → +0.098%
$1.45
Slippage, 4 orders
−$947.62
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$991.17
Costs to cover
9.716%
Break-even
never at this rate
Slippage from KuCoin: live order book, 50 min ago; Bitget: live order book, 61 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, 50 min ago35.00 bp495.5 bp −$495doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 61 min ago6.15 bp12.6 bp −$1336.6 bp −$366doesn't fitdoesn't fit

COST on 15 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
Aster COSTUSDT0.0000%8h902.80+0.133%$45K$17820xas long as short
Binance COSTUSDT0.0000%8h902.65+0.116%$1.1M$1.0M20xas long as short
Bybit COSTUSDT0.0000%8h902.88+0.142%$491K$220K25xas long as short
OKX COST-USDT-SWAP0.0000%8h902.52+0.102%$442K$123K10xas long as short
Gate COST_USDT0.0000%8h902.43+0.092%$522K$8K25xas long as short
Bitget COSTUSDTshort0.0000%8h902.61+0.112%$401K$83K25x
Variational Omni COST0.0000%8h902.47+0.096%$41K$13Kas long as short
SunX COST-USDT0.0000%8h901.80+0.022%$1K$2.9M10xas long as short
HTX COST-USDT0.0000%8h903.86+0.251%$10K$42K10xas long as short
QFEX COST-USD0.0000%1h902.28+0.075%$1.1M$2.5M10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective COST/USDC PERP+0.0033%1h891.98−1.067%$2K$28K12xas long as short
Extended COST-USD+0.0040%1h898.25−0.372%10xas long as short
Vest COST-USD-PERP+0.0046%1h902.28+0.075%25xas long as short
tradeXYZ xyz:COST+0.0050%1h901.98+0.042%$1.8M$519K20xas long as short
KuCoin COSTUSDTMlong+0.0100%8h901.60long leg$48K$901K20x