Funding you earn now, next payment 08:00 UTC−0.0247%/8h= −27.0% APRpaid last 24h −0.169%
Price spread now: KuCoin against Gate−0.771%7-day average −0.403% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,258as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,261as in the Price arb table
costs, in and out, $10k−$1,22412.245% of the position
Funding, last 7 days−0.333%−$33 on $10k
+Price spread, last 4 days (all we have)+0.573%+$57 · spread now −0.771%, 7d avg −0.403%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.368% cheaper against Gate than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of −0.403%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CLO_USDT | 0.06618 | 0.0347 | pay 0.0347% / 8h | 2h 37m | $437K | $610K | 20x |
| Short | KuCoin CLOUSDTM | 0.06567 | 0.0100 | get 0.0050% / 4h | 2h 37m | $1.0M | $11.3M | 10x |
Gate CLO_USDT
KuCoin CLOUSDTMFunding 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
- −$51.87
- Price spread: −0.771% → −0.403%
- −$36.81
- Slippage, 4 orders
- −$1,197.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,313.17
- Costs to cover
- 12.245%
- Break-even
- never at this rate
Slippage from Gate: live order book, 9 min ago; KuCoin: live order book, 6 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, 9 min ago | 14.01 bp | 95.3 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 5.21 bp | 419.8 bp −$420 | doesn't fit | doesn't fit | doesn't fit |
CLO on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CLO-USDT | +0.0053% | 4h | 0.06590 | −0.423% | $248K | $75K | 10x | as long as short |
| Binance CLOUSDT | +0.0100% | 4h | 0.06602 | −0.242% | $4.0M | $3.2M | 10x | as long as short |
| Bybit CLOUSDT | +0.0100% | 4h | 0.06589 | −0.438% | $714K | $531K | 20x | as long as short |
| MEXC CLO_USDT | +0.0100% | 4h | 0.06590 | −0.423% | $544K | $120K | 50x | as long as short |
| KuCoin CLOUSDTMshort | +0.0100% | 4h | 0.06567 | −0.771% | $1.0M | $11.3M | 10x | |
| BingX CLO-USDT | +0.0100% | 4h | 0.06597 | −0.317% | — | $1.3M | — | as long as short |
| SunX CLO-USDT | +0.0100% | 4h | 0.06585 | −0.499% | $1K | $1.1M | 20x | as long as short |
| Gate CLO_USDTlong | +0.0347% | 8h | 0.06618 | long leg | $437K | $610K | 20x | |
| Aster CLOUSDT | +0.0622% | 4h | 0.06592 | −0.393% | $32K | $28K | 5x | as long as short |
BloFin CLO-USDT
Binance CLOUSDT
Bybit CLOUSDT
MEXC CLO_USDT
BingX CLO-USDT
SunX CLO-USDT
Aster CLOUSDT