Funding arb · Price arb /

CC

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Swap Backtest

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+0.119%7-day average +0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs−$352as in the Funding arb table

Net, price: spread back to 7d avg − costs−$352as in the Price arb table

costs, in and out, $10k−$3553.548% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.024%+$2 on $10k

Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.119%, 7d avg +0.092%

Together, before fees−0.037%−$4 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 0.027% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.092%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CC_USDT	0.1175	0.0100	pay 0.0050% / 4h	3h 32m	$365K	$209K	50x
Short	KuCoin CCUSDTM	0.1177	0.0100	get 0.0050% / 4h	3h 32m	$485K	$106K	50x

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

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now +0.119%Rate

Funding earned: $0
Price spread: +0.119% → +0.092%: $2.7
Slippage, 4 orders: −$327.8
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$352.1
Costs to cover: 3.548%
Break-even: never at this rate

Slippage from Gate: live order book, 18 min ago; KuCoin: live order book, 41 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, 18 min ago	10.66 bp	40.2 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 41 min ago	13.20 bp	124.2 bp −$124	doesn't fit	doesn't fit	doesn't fit

CC on 19 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
MEXC CC_USDT	−0.0076%	4h	0.1176	+0.017%	$1.7M	$331K	100x	as long as short
Bybit CCUSDT	−0.0072%	4h	0.1176	+0.009%	$10.8M	$3.8M	25x	as long as short
Injective CC/USDC PERP	+0.0033%	1h	0.1180	+0.391%	$402	$3K	5.5x	as long as short
Paradex CC-USD-PERP	+0.0098%	8h	0.1176	+0.066%	$1K	—	5x	as long as short
Hyperliquid CC	+0.0100%	1h	0.1179	+0.281%	$5.5M	$1.3M	3x	as long as short
Aster CCUSDT	+0.0100%	4h	0.1177	+0.096%	$35K	$32K	20x	as long as short
Binance CCUSDT	+0.0100%	4h	0.1176	+0.026%	$11.1M	$11.8M	75x	as long as short
OKX CC-USDT-SWAP	+0.0100%	4h	0.1176	+0.077%	$2.6M	$3.1M	20x	as long as short
Gate CC_USDTlong	+0.0100%	4h	0.1175	long leg	$365K	$209K	50x
KuCoin CCUSDTMshort	+0.0100%	4h	0.1177	+0.119%	$485K	$106K	50x

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CCUSDT	+0.0100%	4h	0.1177	+0.111%	$922K	$771K	20x	as long as short
BingX CC-USDT	+0.0100%	4h	0.1176	+0.060%	—	$6.6M	—	as long as short
Backpack CC_USDC_PERP	+0.0100%	1h	0.1176	+0.026%	$15K	$22K	10x	as long as short
Variational Omni CC	+0.0100%	4h	0.1175	−0.035%	$598K	$56K	—	as long as short
GRVT CC_USDT_Perp	+0.0100%	4h	0.1176	+0.073%	$85K	$2.6M	10x	as long as short
Derive CC-PERP	+0.0100%	1h	0.1174	−0.083%	$6K	$33K	6.7x	as long as short
BloFin CC-USDT	+0.0340%	4h	0.1176	+0.009%	$593K	$98K	75x	as long as short
GMX CC/USD [WBTC.b-USDC]	L +0.0449% / S −0.0241%	1h	0.1176	+0.088%	$44K	—	50x	as long as short
Lighter CC	+0.0896%	1h	0.1182	+0.519%	$255K	$166K	5x	as long as short