Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.075%
Price spread now: Gate against KuCoin−0.259%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$293as in the Funding arb table
Net, price: spread back to 7d avg − costs−$334as in the Price arb table
costs, in and out, $10k−$3173.171% of the position
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 7 days+0.456%+$46 · spread now −0.259%, 7d avg −0.086%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.173% cheaper against KuCoin than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.086%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BTWUSDTM | 0.8193 | 0.0100 | pay 0.0050% / 4h | 51m 48s | $7.3M | $4.9M | 10x |
| Short | Gate BTW_USDT | 0.8171 | 0.0100 | get 0.0050% / 4h | 51m 48s | $3.4M | $17.6M | 10x |
KuCoin BTWUSDTM
Gate BTW_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
- $0
- Price spread: −0.259% → −0.086%
- −$17.26
- Slippage, 4 orders
- −$290.13
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$334.39
- Costs to cover
- 3.171%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; Gate: live order book, 2 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, 1 min ago | 17.03 bp | 82.9 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 12.57 bp | 46.5 bp −$47 | 73.9 bp −$739 | doesn't fit | doesn't fit |
BTW 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDTshort | +0.0100% | 4h | 0.8171 | −0.259% | $3.4M | $17.6M | 10x | |
| KuCoin BTWUSDTMlong | +0.0100% | 4h | 0.8193 | long leg | $7.3M | $4.9M | 10x | |
| HTX BTW-USDT | +0.0100% | 4h | 0.8182 | −0.135% | $210K | $798K | 10x | as long as short |
| Bybit BTWUSDT | +0.0114% | 4h | 0.8209 | +0.201% | $16.0M | $41.5M | 10x | as long as short |
| Bitget BTWUSDT | +0.0634% | 4h | 0.8231 | +0.464% | $25.9M | $15.0M | 5x | as long as short |
| BingX BTW-USDT | +0.0922% | 4h | 0.8222 | +0.359% | — | $4.4M | — | as long as short |
| edgeX BTWUSDC | +0.0962% | 4h | 0.8170 | −0.280% | $337K | $502K | 10x | as long as short |
| Binance BTWUSDT | +0.0967% | 4h | 0.8216 | +0.287% | $114.5M | $179.7M | 10x | as long as short |
| Extended BTW-USD | +0.0968% | 1h | 0.8197 | +0.058% | $35K | $15K | 5x | as long as short |
| MEXC BTW_USDT | +0.0970% | 4h | 0.8192 | −0.007% | $9.4M | $6.4M | 20x | as long as short |
HTX BTW-USDT
Bybit BTWUSDT
Bitget BTWUSDT
BingX BTW-USDT
edgeX BTWUSDC
Binance BTWUSDT
Extended BTW-USD
MEXC BTW_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BTWUSDT | +0.1002% | 4h | 0.8175 | −0.218% | $2.2M | $3.2M | 5x | as long as short |
Aster BTWUSDT