Funding you earn now, next payment 04:00 UTC+0.0344%/8h= +37.7% APRpaid last 24h +0.169%
Price spread now: Gate against KuCoin+0.214%7-day average +0.400% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,322as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,374as in the Price arb table
costs, in and out, $10k−$1,35613.557% of the position
Funding, last 7 days+0.333%+$33 on $10k
+Price spread, last 4 days (all we have)−0.284%−$28 · spread now +0.214%, 7d avg +0.400%
=Funding pays, the price is against you. Gate is 0.186% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.214% now, against its 7-day average of +0.400%). If the spread goes back, that is −$19 on $10k: about 43 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.333% in total) that is about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CLOUSDTM | 0.07003 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $1.1M | $10.6M | 10x |
| Short | Gate CLO_USDT | 0.07018 | 0.0444 | get 0.0444% / 8h | 5h 14m | $454K | $487K | 20x |
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
- $72.24
- Price spread: +0.214% → +0.400%
- −$18.62
- Slippage, 4 orders
- −$1,328.65
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,302.03
- Costs to cover
- 13.557%
- Break-even
- 133.2 days
Slippage from KuCoin: live order book, 4 min ago; Gate: live order book, 47 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, 4 min ago | 8.58 bp | 892.5 bp −$892 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 47 min ago | 15.67 bp | 186.7 bp −$187 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CLOUSDT | +0.0100% | 4h | 0.07018 | +0.214% | $4.1M | $2.5M | 10x | as long as short |
| Bybit CLOUSDT | +0.0100% | 4h | 0.07012 | +0.129% | $758K | $397K | 20x | as long as short |
| MEXC CLO_USDT | +0.0100% | 4h | 0.07010 | +0.100% | $613K | $108K | 50x | as long as short |
| KuCoin CLOUSDTMlong | +0.0100% | 4h | 0.07003 | long leg | $1.1M | $10.6M | 10x | |
| BingX CLO-USDT | +0.0100% | 4h | 0.07020 | +0.243% | — | $1.3M | — | as long as short |
| SunX CLO-USDT | +0.0100% | 4h | 0.07005 | +0.029% | $2K | $850K | 20x | as long as short |
| BloFin CLO-USDT | +0.0141% | 4h | 0.07010 | +0.100% | $249K | $46K | 10x | as long as short |
| Gate CLO_USDTshort | +0.0444% | 8h | 0.07018 | +0.214% | $454K | $487K | 20x | |
| Aster CLOUSDT | +0.0483% | 4h | 0.07013 | +0.140% | $34K | $44K | 5x | as long as short |
KuCoin CLOUSDTM
Gate CLO_USDT
Binance CLOUSDT
Bybit CLOUSDT
MEXC CLO_USDT
BingX CLO-USDT
SunX CLO-USDT
BloFin CLO-USDT
Aster CLOUSDT