Funding you earn now, next payment 06:00 UTC−0.0321%/8h= −35.1% APRpaid last 24h +0.193%
Price spread now: tradeXYZ against Bitget+0.170%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$740.740% of the position
Funding, last 7 days−0.450%−$45 on $10k
+Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.170%, 7d avg −0.010%
=Together, before fees−0.621%+ Points / potential airdroptradeXYZ: Active · farm board−$62 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.180% dearer against Bitget than usual: you sell high and buy low (spread +0.170% now, against its 7-day average of −0.010%): +$18 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KR200USDT | 1,117 | 0.2298 | pay 0.1149% / 4h | 2h 10m | $125K | $297K | 20x |
| Short | tradeXYZ xyz:KR200 | 1,118.9 | 0.1977 | get 0.0247% / 1h | 10m 16s | $840K | $579K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$67.33
- Price spread: +0.170% → −0.010%
- $18.03
- Slippage, 4 orders
- −$43.97
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$123.28
- Costs to cover
- 0.740%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 34 min ago; tradeXYZ: live order book, 66 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, 34 min ago | 6.19 bp | 14.8 bp −$15 | 28.0 bp −$280 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 66 min ago | 2.21 bp | 29.9 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
KR200 on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX KR200-USDT | 0.0000% | 1h | 1,122 | +0.448% | $2K | $326K | 20x | as long as short |
| OKX KR200-USDT-SWAP | +0.0857% | 8h | 1,118.2 | +0.107% | $70K | $56K | 10x | as long as short |
| Extended KR200-USD | +0.1976% | 1h | 1,118.5 | +0.131% | $2K | $7K | 20x | as long as short |
| tradeXYZ xyz:KR200short | +0.1977% | 1h | 1,118.9 | +0.170% | $840K | $579K | 20x | |
| Bitget KR200USDTlong | +0.2298% | 4h | 1,117 | long leg | $125K | $297K | 20x |
Bitget KR200USDT
tradeXYZ xyz:KR200
HTX KR200-USDT
OKX KR200-USDT-SWAP
Extended KR200-USD