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
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%
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BTRUSDTM | 0.05045 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $1.4M | $177K | 10x |
| Short | Gate BTR_USDT | 0.05047 | 0.0234 | get 0.0234% / 8h | 1h 59m | $733K | $290K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 6 min ago | 19.83 bp | 188.1 bp −$188 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 47 min ago | 7.91 bp | 43.1 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
BTR 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTRUSDT | +0.0100% | 4h | 0.05046 | +0.020% | $3.2M | $1.1M | 25x | as long as short |
| KuCoin BTRUSDTMlong | +0.0100% | 4h | 0.05045 | long leg | $1.4M | $177K | 10x | |
| HTX BTR-USDT | +0.0100% | 4h | 0.05067 | +0.436% | $11K | $314K | 10x | as long as short |
| Gate BTR_USDTshort | +0.0234% | 8h | 0.05047 | +0.040% | $733K | $290K | 20x | |
| Aster BTRUSDT | +0.0490% | 4h | 0.05050 | +0.102% | $89K | $10K | 5x | as long as short |
| BingX BTR-USDT | +0.0784% | 4h | 0.05049 | +0.079% | — | $6.6M | — | as long as short |
| Binance BTRUSDT | +0.0823% | 4h | 0.05048 | +0.059% | $5.4M | $3.9M | 10x | as long as short |
| MEXC BTR_USDT | +0.0830% | 4h | 0.05049 | +0.079% | $1.5M | $155K | 20x | as long as short |
KuCoin BTRUSDTM
Gate BTR_USDT
Bybit BTRUSDT
HTX BTR-USDT
Aster BTRUSDT
BingX BTR-USDT
Binance BTRUSDT
MEXC BTR_USDT