Funding you earn now, next payment 04:00 UTC−0.0328%/8h= −35.9% APRnext payment −$1.64 per $10,000 · paid last 24h −0.083%
Price spread now: KuCoin against Gate−0.208%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,761as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,745as in the Price arb table
costs, in and out, $10k−$1,73417.342% of the position
Funding, last 7 days−0.271%−$27 on $10k
+Price spread, last 4 days (all we have)+0.218%+$22 · spread now −0.208%, 7d avg −0.096%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.113% cheaper against Gate than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.096%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BSB_USDT | 0.1056 | 0.0428 | pay 0.0214% / 4h | 26m 48s | $650K | $143K | 20x |
| Short | KuCoin BSBUSDTM | 0.1054 | 0.0100 | get 0.0050% / 4h | 26m 48s | $495K | $131K | 10x |
Funding 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
- −$68.88
- Price spread: −0.208% → −0.096%
- −$11.28
- Slippage, 4 orders
- −$1,707.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,814.38
- Costs to cover
- 17.342%
- Break-even
- never at this rate
Slippage from Gate: live order book, 30 min ago; KuCoin: live order book, 56 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, 30 min ago | 11.86 bp | 411.0 bp −$411 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 56 min ago | 15.59 bp | 578.0 bp −$578 | doesn't fit | doesn't fit | doesn't fit |
BSB on 13 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 BSBUSDT | +0.0100% | 4h | 0.1054 | −0.227% | $2.9M | $790K | 25x | as long as short |
| OKX BSB-USDT-SWAP | +0.0100% | 4h | 0.1055 | −0.161% | $1.2M | $2.0M | 10x | as long as short |
| KuCoin BSBUSDTMshort | +0.0100% | 4h | 0.1054 | −0.208% | $495K | $131K | 10x | |
| Bitget BSBUSDT | +0.0100% | 4h | 0.1054 | −0.218% | $3.4M | $870K | 10x | as long as short |
| Variational Omni BSB | +0.0100% | 4h | 0.1055 | −0.141% | $2K | $2K | — | as long as short |
| SunX BSB-USDT | +0.0100% | 4h | 0.1055 | −0.133% | $2K | $947K | 10x | as long as short |
| Extended BSB-USD | +0.0160% | 1h | 0.1055 | −0.077% | $3K | $173K | 5x | as long as short |
| MEXC BSB_USDT | +0.0162% | 4h | 0.1055 | −0.142% | $1.1M | $168K | 50x | as long as short |
| Binance BSBUSDT | +0.0163% | 4h | 0.1055 | −0.076% | $6.0M | $3.5M | 10x | as long as short |
| BingX BSB-USDT | +0.0170% | 4h | 0.1056 | −0.047% | — | $1.7M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BSB-USDT | +0.0196% | 4h | 0.1056 | −0.066% | $271K | $42K | 10x | as long as short |
| Aster BSBUSDT | +0.0256% | 4h | 0.1054 | −0.183% | $29K | $16K | 5x | as long as short |
| Gate BSB_USDTlong | +0.0428% | 4h | 0.1056 | long leg | $650K | $143K | 20x |
Gate BSB_USDT
KuCoin BSBUSDTM
Bybit BSBUSDT
OKX BSB-USDT-SWAP
Bitget BSBUSDT
Variational Omni BSB
SunX BSB-USDT
Extended BSB-USD
MEXC BSB_USDT
Binance BSBUSDT
BingX BSB-USDT
BloFin BSB-USDT
Aster BSBUSDT