Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Gate−0.054%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,000as in the Funding arb table
Net, price: spread back to 7d avg − costs−$983as in the Price arb table
costs, in and out, $10k−$9839.827% of the position
Funding, last 7 days−0.178%−$18 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.054%, 7d avg −0.050%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AUCTION_USDT | 3.7060 | 0.0100 | pay 0.0100% / 8h | 3h 08m | $105K | $68K | 50x |
| Short | KuCoin AUCTIONUSDTM | 3.7040 | 0.0100 | get 0.0050% / 4h | 3h 08m | $370K | $110K | 20x |
Gate AUCTION_USDT
KuCoin AUCTIONUSDTMFunding 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
- $0
- Price spread: −0.054% → −0.050%
- −$0.37
- Slippage, 4 orders
- −$955.67
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$983.04
- Costs to cover
- 9.827%
- Break-even
- never at this rate
Slippage from Gate: live order book, 37 min ago; KuCoin: live order book, 64 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, 37 min ago | 6.75 bp | 204.8 bp −$205 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 64 min ago | 8.07 bp | 280.6 bp −$281 | doesn't fit | doesn't fit | doesn't fit |
AUCTION on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSD | −0.0170% | 1h | 3.7039 | −0.055% | $8K | $259 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.7030 | −0.081% | $925 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.7020 | −0.108% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.7060 | 0.000% | $592K | $265K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.7050 | −0.027% | $786K | $690K | 20x | as long as short |
| Gate AUCTION_USDTlong | +0.0100% | 8h | 3.7060 | long leg | $105K | $68K | 50x | |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.7020 | −0.108% | $444K | $145K | 20x | as long as short |
| KuCoin AUCTIONUSDTMshort | +0.0100% | 4h | 3.7040 | −0.054% | $370K | $110K | 20x | |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.7030 | −0.081% | $374K | $153K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.7030 | −0.081% | — | $12.3M | — | as long as short |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
MEXC AUCTION_USDT
Bitget AUCTIONUSDT
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.7078 | +0.049% | $172 | $38 | — | as long as short |
Variational Omni AUCTION