Funding you earn now, next payment 08:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.95 per $10,000 · paid last 24h −0.043%
Price spread now: Gate against KuCoin+0.246%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,159as in the Price arb table
costs, in and out, $10k−$2,17821.781% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.205%−$21 · spread now +0.246%, 7d avg +0.059%
=The price spread pays, funding is against you. Gate is 0.186% dearer against KuCoin than usual: you sell high and buy low (spread +0.246% now, against its 7-day average of +0.059%): +$19 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 7 days (−0.012% in total) that is about 4 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.95 per $10,000. 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 | KuCoin AEONUSDTM | 0.06102 | 0.0290 | pay 0.0145% / 4h | 2h 22m | $1.0M | $1.7M | 20x |
| Short | Gate AEON_USDT | 0.06117 | 0.0100 | get 0.0050% / 4h | 2h 22m | $588K | $252K | 20x |
KuCoin AEONUSDTM
Gate AEON_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$39.9
- Price spread: +0.246% → +0.059%
- $18.64
- Slippage, 4 orders
- −$2,151.06
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2,199.32
- Costs to cover
- 21.781%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Gate: live order book, 24 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, 4 min ago | 2.46 bp | 462.6 bp −$463 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 24 min ago | 14.72 bp | 481.8 bp −$482 | doesn't fit | doesn't fit | doesn't fit |
AEON on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AEONUSDT | +0.0100% | 1h | 0.06079 | −0.375% | $35K | $32K | 5x | as long as short |
| Bybit AEONUSDT | +0.0100% | 4h | 0.06099 | −0.049% | $517K | $199K | 25x | as long as short |
| Gate AEON_USDTshort | +0.0100% | 4h | 0.06117 | +0.246% | $588K | $252K | 20x | |
| Bitget AEONUSDT | +0.0100% | 4h | 0.06109 | +0.115% | $2.1M | $745K | 20x | as long as short |
| KuCoin AEONUSDTMlong | +0.0290% | 4h | 0.06102 | long leg | $1.0M | $1.7M | 20x | |
| OKX AEON-USDT-SWAP | +0.0500% | 4h | 0.06109 | +0.115% | $1.8M | $6.5M | 20x | as long as short |
Aster AEONUSDT
Bybit AEONUSDT
Bitget AEONUSDT
OKX AEON-USDT-SWAP