Funding you earn now, next payment 12:00 UTC−0.0178%/8h= −19.5% APRnext payment −$0.89 per $10,000 · paid last 24h −0.022%
Price spread now: Gate against KuCoin+0.028%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$2002.001% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 7 days−0.125%−$12 · spread now +0.028%, 7d avg −0.023%
=The price spread pays, funding is against you. Gate is 0.051% dearer against KuCoin than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.023%): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.099% in total) that is about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BRUSDTM | 1.1422 | 0.0280 | pay 0.0140% / 4h | 3h 39m | $5.0M | $4.7M | 30x |
| Short | Gate BR_USDT | 1.1425 | 0.0102 | get 0.0051% / 4h | 3h 39m | $7.5M | $7.7M | 20x |
KuCoin BRUSDTM
Gate BR_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
- −$37.38
- Price spread: +0.028% → −0.023%
- $5.14
- Slippage, 4 orders
- −$173.1
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$232.34
- Costs to cover
- 2.001%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 9 min ago; Gate: live order book, 4 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, 9 min ago | 2.39 bp | 77.1 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 2.67 bp | 38.2 bp −$38 | 356.6 bp −$3,566 | doesn't fit | doesn't fit |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0084% | 4h | 1.1402 | −0.172% | — | $5.5M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1412 | −0.085% | $11.1M | $21.2M | 5x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1406 | −0.138% | $272K | $253K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1420 | −0.019% | — | $730K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1454 | +0.281% | $87K | $230K | 20x | as long as short |
| Gate BR_USDTshort | +0.0102% | 4h | 1.1425 | +0.028% | $7.5M | $7.7M | 20x | |
| Aster BRUSDT | +0.0223% | 4h | 1.1419 | −0.026% | $664K | $2.2M | 5x | as long as short |
| KuCoin BRUSDTMlong | +0.0280% | 4h | 1.1422 | long leg | $5.0M | $4.7M | 30x | |
| Bitget BRUSDT | +0.0374% | 4h | 1.1419 | −0.021% | $8.3M | $9.3M | 10x | as long as short |
| Binance BRUSDT | +0.0876% | 4h | 1.1423 | +0.013% | $54.4M | $128.3M | 25x | as long as short |
BingX BR-USDT
Bybit BRUSDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Aster BRUSDT
Bitget BRUSDT
Binance BRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.0880% | 4h | 1.1421 | −0.006% | $15.5M | $6.0M | 100x | as long as short |
MEXC BR_USDT