Settings8H · net · $10k
Funding arb · Price arb /

BB

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against KuCoin−0.111%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$392as in the Funding arb table
Net, price: spread back to 7d avg − costs−$396as in the Price arb table
costs, in and out, $10k−$3913.910% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.111%, 7d avg −0.064%
Together, before fees−0.016%−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.047% 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 −0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BBUSDTM0.0090100.0100pay 0.0050% / 4h2h 39m$447K$77K50x
ShortGate BB_USDT0.0090000.0100get 0.0050% / 4h2h 39m$128K$203K50x

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

Funding earned
$0
Price spread: −0.111% → −0.064%
−$4.67
Slippage, 4 orders
−$363.96
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$395.63
Costs to cover
3.910%
Break-even
never at this rate
Slippage from KuCoin: live order book, 42 min ago; Gate: live order book, 44 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 42 min ago5.58 bp113.3 bp −$113doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 44 min ago11.21 bp84.4 bp −$84doesn't fitdoesn't fitdoesn't fit

BB on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BBUSD−0.1469%1h0.008995−0.166%$22K$1K10xas long as short
Aster BBUSDT+0.0100%4h0.009009−0.008%$13K$14K5xas long as short
Binance BBUSDT+0.0100%4h0.009014+0.040%$3.2M$6.6M50xas long as short
Bybit BBUSDT+0.0100%4h0.009019+0.100%$675K$752K25xas long as short
Gate BB_USDTshort+0.0100%4h0.009000−0.111%$128K$203K50x
MEXC BB_USDT+0.0100%4h0.009017+0.078%$1.5M$602K100xas long as short
KuCoin BBUSDTMlong+0.0100%4h0.009010long leg$447K$77K50x
Bitget BBUSDT+0.0100%4h0.009020+0.111%$322K$466K50xas long as short
BingX BB-USDT+0.0100%4h0.009016+0.067%$1.3Mas long as short