Funding you earn now, next payment 08:00 UTC−0.0166%/8h= −18.2% APRnext payment −$1.66 per $10,000 · paid last 24h −0.107%
Price spread now: KuCoin against Gate−0.064%7-day average +0.261% · you buy dearer than you sell
Net, funding: paid 7d − costs−$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$342as in the Price arb table
costs, in and out, $10k−$3103.097% of the position
Funding, last 7 days+0.424%+$42 on $10k
+Price spread, last 7 days−0.197%−$20 · spread now −0.064%, 7d avg +0.261%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.324% cheaper against Gate than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of +0.261%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.424%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CELR_USDT | 0.003145 | −0.7048 | get 0.7048% / 8h | 2h 38m | $224K | $1.2M | 25x |
| Short | KuCoin CELRUSDTM | 0.003143 | −0.7214 | pay 0.7214% / 8h | 2h 38m | $484K | $4.0M | 25x |
Gate CELR_USDT
KuCoin CELRUSDTMFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$34.86
- Price spread: −0.064% → +0.261%
- −$32.42
- Slippage, 4 orders
- −$282.66
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$376.94
- Costs to cover
- 3.097%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 4 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, 4 min ago | 6.31 bp | 59.3 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 7.91 bp | 83.4 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
CELR 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CELRUSD | −1.2828% | 1h | 0.003135 | −0.314% | $34K | $54K | 10x | as long as short |
| KuCoin CELRUSDTMshort | −0.7214% | 8h | 0.003143 | −0.064% | $484K | $4.0M | 25x | |
| Gate CELR_USDTlong | −0.7048% | 8h | 0.003145 | long leg | $224K | $1.2M | 25x | |
| Binance CELRUSDT | −0.6977% | 8h | 0.003146 | +0.033% | $3.7M | $44.7M | 25x | as long as short |
| MEXC CELR_USDT | −0.6968% | 8h | 0.003147 | +0.064% | $506K | $1.5M | 50x | as long as short |
| BloFin CELR-USDT | −0.6959% | 8h | 0.003139 | −0.191% | $351K | $369K | 25x | as long as short |
| Bitget CELRUSDT | −0.6487% | 8h | 0.003144 | −0.032% | $594K | $4.2M | 25x | as long as short |
| BingX CELR-USDT | −0.4531% | 8h | 0.003151 | +0.191% | — | $2.7M | — | as long as short |
Kraken Futures PF_CELRUSD
Binance CELRUSDT
MEXC CELR_USDT
BloFin CELR-USDT
Bitget CELRUSDT
BingX CELR-USDT