Funding you earn now, next payment 04:00 UTC−0.1244%/8h= −136.2% APRnext payment −$6.22 per $10,000 · paid last 24h −0.228%
Price spread now: KuCoin against Gate−0.477%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$232as in the Funding arb table
Net, price: spread back to 7d avg − costs−$239as in the Price arb table
costs, in and out, $10k−$1971.973% of the position
Funding, last 7 days−0.351%−$35 on $10k
+Price spread, last 4 days (all we have)+0.501%+$50 · spread now −0.477%, 7d avg −0.063%
=Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and KuCoin is 0.414% cheaper against Gate than usual: you would sell low and buy high (−$41 if the spread goes back to its 7-day average of −0.063%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.351% in total (about -18.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.22 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 | Gate B2_USDT | 0.5239 | 0.2334 | pay 0.1167% / 4h | 1h 15m | $935K | $367K | 20x |
| Short | KuCoin B2USDTM | 0.5214 | 0.1090 | get 0.0545% / 4h | 1h 15m | $1.1M | $300K | 50x |
Gate B2_USDT
KuCoin B2USDTMFunding 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
- −$261.24
- Price spread: −0.477% → −0.063%
- −$41.42
- Slippage, 4 orders
- −$170.29
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$499.95
- Costs to cover
- 1.973%
- Break-even
- never at this rate
Slippage from Gate: live order book, 46 min ago; KuCoin: live order book, 9 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, 46 min ago | 11.10 bp | 52.1 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 13.55 bp | 44.6 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
B2 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit B2USDT | +0.0100% | 4h | 0.5196 | −0.821% | $1.6M | $2.1M | 20x | as long as short |
| Bitget B2USDT | +0.0418% | 4h | 0.5197 | −0.802% | $2.9M | $1.0M | 50x | as long as short |
| MEXC B2_USDT | +0.0614% | 4h | 0.5211 | −0.534% | $594K | $428K | 100x | as long as short |
| Variational Omni B2 | +0.0616% | 4h | 0.5224 | −0.287% | $14K | $2K | — | as long as short |
| Binance B2USDT | +0.0627% | 4h | 0.5200 | −0.745% | $8.4M | $10.1M | 50x | as long as short |
| BingX B2-USDT | +0.0630% | 4h | 0.5195 | −0.840% | — | $1.4M | — | as long as short |
| Aster B2USDT | +0.1022% | 4h | 0.5214 | −0.486% | $165K | $169K | 5x | as long as short |
| KuCoin B2USDTMshort | +0.1090% | 4h | 0.5214 | −0.477% | $1.1M | $300K | 50x | |
| Gate B2_USDTlong | +0.2334% | 4h | 0.5239 | long leg | $935K | $367K | 20x |
Bybit B2USDT
Bitget B2USDT
MEXC B2_USDT
Variational Omni B2
Binance B2USDT
BingX B2-USDT
Aster B2USDT