Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: Gate against KuCoin0.000%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$819as in the Funding arb table
Net, price: spread back to 7d avg − costs−$841as in the Price arb table
costs, in and out, $10k−$8378.366% of the position
Funding, last 7 days+0.179%+$18 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now 0.000%, 7d avg +0.049%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.049% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AUCTIONUSDTM | 3.6810 | 0.0100 | pay 0.0050% / 4h | 3h 38m | $369K | $115K | 20x |
| Short | Gate AUCTION_USDT | 3.6810 | 0.0100 | get 0.0100% / 8h | 7h 38m | $102K | $65K | 50x |
KuCoin AUCTIONUSDTM
Gate AUCTION_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
- $0
- Price spread: 0.000% → +0.049%
- −$4.88
- Slippage, 4 orders
- −$809.57
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$841.46
- Costs to cover
- 8.366%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 13 min ago; Gate: live order book, 26 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, 13 min ago | 2.72 bp | 304.2 bp −$304 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 26 min ago | 5.41 bp | 63.1 bp −$63 | 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 | −0.1065% | 1h | 3.6805 | −0.013% | $8K | $269 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6806 | −0.010% | $882 | $2K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6760 | −0.136% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.6830 | +0.054% | $578K | $271K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.6800 | −0.027% | $770K | $654K | 20x | as long as short |
| Gate AUCTION_USDTshort | +0.0100% | 8h | 3.6810 | 0.000% | $102K | $65K | 50x | |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.6750 | −0.163% | $444K | $141K | 20x | as long as short |
| KuCoin AUCTIONUSDTMlong | +0.0100% | 4h | 3.6810 | long leg | $369K | $115K | 20x | |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.6800 | −0.027% | $376K | $134K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.6800 | −0.027% | — | $7.8M | — | 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 | 3.6869 | +0.161% | $171 | $38 | — | as long as short |
Variational Omni AUCTION