Funding you earn now, next payment 12:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: KuCoin against Gate−6.964%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−0.105%−$10 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 −$2 a day on $10k at the current rate, and KuCoin is 6.964% cheaper against Gate than usual: you would sell low and buy high (−$696 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BP_USDT | 0.9569 | 0.0100 | pay 0.0050% / 4h | 3h 38m | $650K | $74K | 10x |
| Short | KuCoin BPUSDTM | 0.8903 | 0.0050 | get 0.0050% / 8h | 7h 38m | $206K | $48K | 5x |
Gate BP_USDT
KuCoin BPUSDTMFunding 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
- −$10.5
- Price spread: −6.964% → 0.000%
- −$696.42
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$733.92
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 57 min ago; KuCoin: live order book, 25 min ago. 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, 57 min ago | 104.28 bp | 1133.2 bp −$1,133 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 25 min ago | 324.06 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
BP on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BPUSDTMshort | +0.0050% | 8h | 0.8903 | −6.964% | $206K | $48K | 5x | |
| Pacifica BP | +0.0100% | 1h | 0.8614 | −9.980% | $82K | $67K | 3x | as long as short |
| Bybit BPUSDT | +0.0100% | 4h | 0.8647 | −9.637% | $1.5M | $370K | 5x | as long as short |
| Gate BP_USDTlong | +0.0100% | 4h | 0.9569 | long leg | $650K | $74K | 10x | |
| MEXC BP_USDT | +0.0100% | 4h | 0.8669 | −9.405% | $613K | $354K | 20x | as long as short |
Pacifica BP
Bybit BPUSDT
MEXC BP_USDT