4

Alert: funding

Alert: spread

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: Gate against KuCoin+0.443%7-day average +0.068% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,075as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,027as in the Price arb table

costs, in and out, $10k−$1,06410.644% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.102%−$10 on $10k

Price spread, last 4 days (all we have)−0.504%−$50 · spread now +0.443%, 7d avg +0.068%

Together, before fees−0.607%−$61 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.375% dearer against KuCoin than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.068%. Mind the row above: over the last 7 days funding on this pair cost −0.102%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin 4USDTM	0.02165	0.0602	pay 0.0301% / 4h	7m 11s	$953K	$12.9M	20x
Short	Gate 4_USDT	0.02175	0.0692	get 0.0346% / 4h	7m 11s	$590K	$239K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee KuCoinbpFee GatebpOrdersPrice spread, now +0.443%Rate

Funding earned: $18.9
Price spread: +0.443% → +0.068%: $37.53
Slippage, 4 orders: −$1,037.39
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,007.95
Costs to cover: 10.644%
Break-even: 380.3 days

Slippage from KuCoin: live order book, 1 min ago; Gate: live order book, 4 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, 1 min ago	2.30 bp	88.6 bp −$89	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	6.43 bp	536.6 bp −$537	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	+0.205%	$53K	$5K	—	as long as short
SunX 4-USDT	+0.0100%	4h	0.02169	+0.185%	$2K	$1.1M	20x	as long as short
Aster 4USDT	+0.0461%	4h	0.02171	+0.279%	$248K	$95K	5x	as long as short
KuCoin 4USDTMlong	+0.0602%	4h	0.02165	long leg	$953K	$12.9M	20x
MEXC 4_USDT	+0.0646%	4h	0.02170	+0.231%	$1.9M	$852K	100x	as long as short
Binance 4USDT	+0.0648%	4h	0.02172	+0.305%	$8.4M	$11.2M	20x	as long as short
Gate 4_USDTshort	+0.0692%	4h	0.02175	+0.443%	$590K	$239K	20x
BingX 4-USDT	+0.0764%	4h	0.02173	+0.388%	—	$1.4M	—	as long as short
Bybit 4USDT	+0.0775%	4h	0.02167	+0.102%	$2.9M	$1.7M	5x	as long as short