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

BTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0134%/8h= +14.7% APRpaid last 24h +0.104%
Price spread now: Gate against KuCoin+0.040%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$459as in the Funding arb table
Net, price: spread back to 7d avg − costs−$492as in the Price arb table
costs, in and out, $10k−$4884.885% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.296%+$30 on $10k
Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.040%, 7d avg +0.074%
Together, before fees+0.256%+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.034% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.040% now, against its 7-day average of +0.074%). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BTRUSDTM0.050450.0100pay 0.0050% / 4h1h 59m$1.4M$177K10x
ShortGate BTR_USDT0.050470.0234get 0.0234% / 8h1h 59m$733K$290K20x

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
$28.14
Price spread: +0.040% → +0.074%
−$3.42
Slippage, 4 orders
−$461.48
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$463.77
Costs to cover
4.885%
Break-even
122.4 days
Slippage from KuCoin: live order book, 6 min ago; Gate: live order book, 47 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, 6 min ago19.83 bp188.1 bp −$188doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 47 min ago7.91 bp43.1 bp −$43doesn't fitdoesn't fitdoesn't fit

BTR on 8 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
Bybit BTRUSDT+0.0100%4h0.05046+0.020%$3.2M$1.1M25xas long as short
KuCoin BTRUSDTMlong+0.0100%4h0.05045long leg$1.4M$177K10x
HTX BTR-USDT+0.0100%4h0.05067+0.436%$11K$314K10xas long as short
Gate BTR_USDTshort+0.0234%8h0.05047+0.040%$733K$290K20x
Aster BTRUSDT+0.0490%4h0.05050+0.102%$89K$10K5xas long as short
BingX BTR-USDT+0.0784%4h0.05049+0.079%$6.6Mas long as short
Binance BTRUSDT+0.0823%4h0.05048+0.059%$5.4M$3.9M10xas long as short
MEXC BTR_USDT+0.0830%4h0.05049+0.079%$1.5M$155K20xas long as short