Funding you earn now, next payment 00:00 UTC+0.0273%/8h= +29.9% APRnext payment +$2.73 per $10,000 · paid last 24h +0.053%
Price spread now: Gate against KuCoin−0.030%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$304as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2602.595% of the position
Funding, last 7 days−0.448%−$45 on $10k
+Price spread, last 4 days (all we have)−0.145%−$14 · spread now −0.030%, 7d avg −0.093%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Gate is 0.063% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.093%. Mind the row above: over the last 7 days funding on this pair cost −0.448%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CELRUSDTM | 0.003291 | −0.8427 | get 0.8427% / 8h | 1h 22m | $390K | $4.4M | 25x |
| Short | Gate CELR_USDT | 0.003290 | −0.8154 | pay 0.8154% / 8h | 1h 22m | $225K | $1.4M | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $57.33
- Price spread: −0.030% → −0.093%
- $6.3
- Slippage, 4 orders
- −$232.52
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$195.89
- Costs to cover
- 2.595%
- Break-even
- 30.9 days
Slippage from KuCoin: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago | 6.11 bp | 69.5 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 3.05 bp | 64.4 bp −$64 | 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 | −0.9417% | 1h | 0.003279 | −0.367% | $37K | $65K | 10x | as long as short |
| Binance CELRUSDT | −0.8972% | 8h | 0.003293 | +0.061% | $3.7M | $56.6M | 25x | as long as short |
| MEXC CELR_USDT | −0.8971% | 8h | 0.003291 | 0.000% | $523K | $1.7M | 50x | as long as short |
| BloFin CELR-USDT | −0.8965% | 8h | 0.003291 | 0.000% | $349K | $506K | 25x | as long as short |
| KuCoin CELRUSDTMlong | −0.8427% | 8h | 0.003291 | long leg | $390K | $4.4M | 25x | |
| Gate CELR_USDTshort | −0.8154% | 8h | 0.003290 | −0.030% | $225K | $1.4M | 25x | |
| Bitget CELRUSDT | −0.7973% | 8h | 0.003288 | −0.091% | $595K | $6.0M | 25x | as long as short |
| BingX CELR-USDT | −0.5605% | 8h | 0.003290 | −0.030% | — | $2.7M | — | as long as short |
KuCoin CELRUSDTM
Gate CELR_USDT
Kraken Futures PF_CELRUSD
Binance CELRUSDT
MEXC CELR_USDT
BloFin CELR-USDT
Bitget CELRUSDT
BingX CELR-USDT