Funding you earn now, next payment 08:00 UTC−0.0822%/8h= −90.0% APRnext payment −$8.22 per $10,000 · paid last 24h −0.053%
Price spread now: KuCoin against Gate−0.111%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.370%−$37 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and KuCoin is 0.111% cheaper against Gate than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.370% in total (about -19.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.22 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 BEL_USDT | 0.1264 | 0.0922 | pay 0.0922% / 8h | 7h 38m | $112K | $44K | 10x |
| Short | KuCoin BELUSDTM | 0.1263 | 0.0100 | get 0.0100% / 8h | 7h 38m | $59K | $17K | 10x |
Gate BEL_USDT
KuCoin BELUSDTMFunding 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
- −$172.62
- Price spread: −0.111% → 0.000%
- −$11.07
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$210.69
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 27 min ago; KuCoin: no order-book sample. Net counts fees only.
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, 27 min ago | 8.69 bp | 53.4 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin no order-book sample | — | — | — | — | — |
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BEL on 8 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_BELUSD | −0.0776% | 1h | 0.1277 | +1.001% | $9K | $10K | 10x | as long as short |
| Aster BELUSDT | +0.0100% | 8h | 0.1264 | −0.031% | $11K | $3K | 5x | as long as short |
| Binance BELUSDT | +0.0100% | 8h | 0.1264 | −0.067% | $2.0M | $1.4M | 10x | as long as short |
| Bybit BELUSDT | +0.0100% | 8h | 0.1263 | −0.111% | $236K | $129K | 10x | as long as short |
| MEXC BEL_USDT | +0.0100% | 8h | 0.1264 | −0.063% | $158K | $90K | 50x | as long as short |
| KuCoin BELUSDTMshort | +0.0100% | 8h | 0.1263 | −0.111% | $59K | $17K | 10x | |
| Variational Omni BEL | +0.0100% | 8h | 0.1265 | +0.012% | $3K | $11 | — | as long as short |
| Gate BEL_USDTlong | +0.0922% | 8h | 0.1264 | long leg | $112K | $44K | 10x |
Kraken Futures PF_BELUSD
Aster BELUSDT
Binance BELUSDT
Bybit BELUSDT
MEXC BEL_USDT
Variational Omni BEL