Funding you earn now, next payment 00:00 UTC−0.0090%/8h= −9.9% APRnext payment −$0.45 per $10,000 · paid last 24h −0.039%
Price spread now: KuCoin against Gate−0.327%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,054as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,090as in the Price arb table
costs, in and out, $10k−$1,06410.644% of the position
Funding, last 7 days+0.102%+$10 on $10k
+Price spread, last 4 days (all we have)+0.388%+$39 · spread now −0.327%, 7d avg −0.068%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.259% cheaper against Gate than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.068%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.102%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate 4_USDT | 0.02172 | 0.0692 | pay 0.0346% / 4h | 7m 02s | $590K | $239K | 20x |
| Short | KuCoin 4USDTM | 0.02165 | 0.0602 | get 0.0301% / 4h | 7m 02s | $953K | $12.9M | 20x |
Gate 4_USDT
KuCoin 4USDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- −$18.9
- Price spread: −0.327% → −0.068%
- −$25.88
- Slippage, 4 orders
- −$1,037.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,109.17
- Costs to cover
- 10.644%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; KuCoin: 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 Gate live order book, 4 min ago | 6.43 bp | 384.6 bp −$385 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 2.30 bp | 54.6 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02169 | −0.123% | $53K | $5K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02169 | −0.143% | $2K | $1.1M | 20x | as long as short |
| Aster 4USDT | +0.0461% | 4h | 0.02170 | −0.108% | $248K | $95K | 5x | as long as short |
| KuCoin 4USDTMshort | +0.0602% | 4h | 0.02165 | −0.327% | $953K | $12.9M | 20x | |
| MEXC 4_USDT | +0.0646% | 4h | 0.02170 | −0.097% | $1.9M | $852K | 100x | as long as short |
| Binance 4USDT | +0.0648% | 4h | 0.02167 | −0.244% | $8.3M | $11.2M | 20x | as long as short |
| Gate 4_USDTlong | +0.0692% | 4h | 0.02172 | long leg | $590K | $239K | 20x | |
| BingX 4-USDT | +0.0764% | 4h | 0.02169 | −0.152% | — | $1.4M | — | as long as short |
| Bybit 4USDT | +0.0775% | 4h | 0.02166 | −0.276% | $2.8M | $1.7M | 5x | as long as short |
Variational Omni 4
SunX 4-USDT
Aster 4USDT
MEXC 4_USDT
Binance 4USDT
BingX 4-USDT
Bybit 4USDT