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

C98

all C98 markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate−0.122%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,414as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,397as in the Price arb table
costs, in and out, $10k−$1,38613.856% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.288%−$29 on $10k
Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.122%, 7d avg −0.005%
Together, before fees−0.116%−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.117% cheaper against Gate than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate C98_USDT0.016430.0100pay 0.0100% / 8h1h 58m$110K$46K25x
ShortKuCoin C98USDTM0.016410.0100get 0.0100% / 8h1h 58m$199K$38K20x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.122% → −0.005%
−$11.68
Slippage, 4 orders
−$1,358.62
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,397.31
Costs to cover
13.856%
Break-even
never at this rate
Slippage from Gate: live order book, 41 min ago; KuCoin: live order book, 57 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 Gate live order book, 41 min ago6.17 bp425.8 bp −$42650482.8 bp −$504.8Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 57 min ago21.40 bp451.4 bp −$451doesn't fitdoesn't fitdoesn't fit

C98 on 9 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
BloFin C98-USDT+0.0087%8h0.01639−0.243%$130K$14K50xas long as short
Binance C98USDT+0.0100%8h0.01641−0.142%$1.4M$2.0M50xas long as short
Bybit C98USDT+0.0100%8h0.01640−0.201%$870K$296K25xas long as short
Gate C98_USDTlong+0.0100%8h0.01643long leg$110K$46K25x
MEXC C98_USDT+0.0100%8h0.01639−0.243%$283K$102K100xas long as short
KuCoin C98USDTMshort+0.0100%8h0.01641−0.122%$199K$38K20x
Bitget C98USDT+0.0100%8h0.01642−0.061%$192K$348K50xas long as short
Variational Omni C98+0.0100%8h0.01639−0.262%$8K$202as long as short
Kraken Futures PF_C98USD+0.0519%1h0.01642−0.084%$15K$4K10xas long as short