Funding arb · Price arb /

CC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against KuCoin−0.151%7-day average −0.091% · you buy dearer than you sell

Net, funding: paid 7d − costs−$664as in the Funding arb table

Net, price: spread back to 7d avg − costs−$668as in the Price arb table

costs, in and out, $10k−$6626.620% of the position

Long on KuCoin Short on Gate

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)+0.084%+$8 · spread now −0.151%, 7d avg −0.091%

Together, before fees+0.061%+$6 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: Gate is 0.060% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.091%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CCUSDTM	0.1195	0.0100	pay 0.0050% / 4h	3h 18m	$501K	$119K	50x
Short	Gate CC_USDT	0.1193	0.0100	get 0.0050% / 4h	3h 18m	$369K	$213K	50x

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

Position, each leg$Hold fordaysFee KuCoinbpFee GatebpOrdersPrice spread, now −0.151%Rate

Funding earned: $0
Price spread: −0.151% → −0.091%: −$5.99
Slippage, 4 orders: −$635.04
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$668.03
Costs to cover: 6.620%
Break-even: never at this rate

Slippage from KuCoin: live order book, 34 min ago; Gate: live order book, 52 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, 34 min ago	20.30 bp	214.4 bp −$214	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 52 min ago	10.59 bp	46.1 bp −$46	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
Injective CC/USDC PERP	−0.4522%	1h	0.1174	−1.766%	$6K	$99	5.5x	as long as short
Bybit CCUSDT	−0.0553%	4h	0.1194	−0.059%	$10.8M	$3.8M	25x	as long as short
MEXC CC_USDT	−0.0496%	4h	0.1193	−0.167%	$1.7M	$315K	100x	as long as short
Paradex CC-USD-PERP	+0.0098%	8h	0.1193	−0.141%	$1K	—	5x	as long as short
Hyperliquid CC	+0.0100%	1h	0.1197	+0.201%	$5.6M	$1.4M	3x	as long as short
Aster CCUSDT	+0.0100%	4h	0.1194	−0.119%	$35K	$39K	20x	as long as short
Binance CCUSDT	+0.0100%	4h	0.1194	−0.092%	$11.3M	$11.4M	75x	as long as short
OKX CC-USDT-SWAP	+0.0100%	4h	0.1195	+0.017%	$2.6M	$3.6M	20x	as long as short
Gate CC_USDTshort	+0.0100%	4h	0.1193	−0.151%	$369K	$213K	50x
KuCoin CCUSDTMlong	+0.0100%	4h	0.1195	long leg	$501K	$119K	50x

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CCUSDT	+0.0100%	4h	0.1195	−0.025%	$953K	$781K	20x	as long as short
BingX CC-USDT	+0.0100%	4h	0.1194	−0.084%	—	$6.6M	—	as long as short
Backpack CC_USDC_PERP	+0.0100%	1h	0.1195	+0.017%	$16K	$22K	10x	as long as short
Variational Omni CC	+0.0100%	4h	0.1195	−0.050%	$608K	$55K	—	as long as short
GRVT CC_USDT_Perp	+0.0100%	4h	0.1195	−0.033%	$90K	$2.3M	10x	as long as short
Derive CC-PERP	+0.0100%	1h	0.1195	−0.013%	$6K	$36K	6.7x	as long as short
BloFin CC-USDT	+0.0340%	4h	0.1195	−0.050%	$596K	$105K	75x	as long as short
GMX CC/USD [WBTC.b-USDC]	L +0.0451% / S −0.0241%	1h	0.1197	+0.133%	$45K	—	50x	as long as short
Lighter CC	+0.0840%	1h	0.1198	+0.276%	$237K	$154K	5x	as long as short