Funding you earn now, next payment 09:00 UTC+0.1101%/8h= +120.5% APRpaid last 24h −0.208%
Price spread now: Bitget against tradeXYZ+0.017%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1331.329% of the position
Funding, last 7 days+0.407%+$41 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.017%, 7d avg +0.012%
=Together, before fees+0.377%+ Points / potential airdroptradeXYZ: Active · farm board+$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$33 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.407% in total (about 21.2% a year). A funding rate is set anew for every payment. 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 | tradeXYZ xyz:KR200 | 1,110 | −0.1101 | get 0.0138% / 1h | 20m 05s | $908K | $766K | 20x |
| Short | Bitget KR200USDT | 1,110.2 | 0 | get 0.0000% / 4h | 3h 20m | $198K | $876K | 20x |
tradeXYZ xyz:KR200
Bitget KR200USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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
- $231.16
- Price spread: +0.017% → +0.012%
- $0.55
- Slippage, 4 orders
- −$102.93
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $98.78
- Costs to cover
- 1.329%
- Break-even
- 4.0 days
Slippage from tradeXYZ: live order book, 27 min ago; Bitget: live order book, 10 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 tradeXYZ live order book, 27 min ago | 8.09 bp | 36.9 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 10 min ago | 20.44 bp | 28.2 bp −$28 | 33.3 bp −$333 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Extended KR200-USD | −0.1112% | 1h | 1,109.9 | −0.010% | $4K | $5K | 20x | as long as short |
| tradeXYZ xyz:KR200long | −0.1101% | 1h | 1,110 | long leg | $908K | $766K | 20x | |
| Bitget KR200USDTshort | 0.0000% | 4h | 1,110.2 | +0.017% | $198K | $876K | 20x | |
| HTX KR200-USDT | 0.0000% | 1h | 1,110.5 | +0.045% | $3K | $330K | 20x | as long as short |
| OKX KR200-USDT-SWAP | +0.0381% | 8h | 1,111.2 | +0.108% | $75K | $58K | 10x | as long as short |
Extended KR200-USD
HTX KR200-USDT
OKX KR200-USDT-SWAP