Funding you earn now, next payment 08:00 UTC−0.0524%/8h= −57.4% APRnext payment −$2.62 per $10,000 · paid last 24h −0.006%
Price spread now: KuCoin against Gate+0.111%7-day average −0.252% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,475as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,419as in the Price arb table
costs, in and out, $10k−$2,45624.557% of the position
Funding, last 7 days−0.191%−$19 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.111%, 7d avg −0.252%
=The price spread pays, funding is against you. KuCoin is 0.363% dearer against Gate than usual: you sell high and buy low (spread +0.111% now, against its 7-day average of −0.252%): +$36 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−0.191% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.191% in total (about -9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.62 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COLLECT_USDT | 0.01799 | 0.1238 | pay 0.0619% / 4h | 3h 56m | $257K | $58K | 20x |
| Short | KuCoin COLLECTUSDTM | 0.01801 | 0.0714 | get 0.0357% / 4h | 3h 56m | $735K | $66K | 20x |
Gate COLLECT_USDT
KuCoin COLLECTUSDTMFunding 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
- −$110.04
- Price spread: +0.111% → −0.252%
- $36.3
- Slippage, 4 orders
- −$2,428.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,529.46
- Costs to cover
- 24.557%
- Break-even
- never at this rate
Slippage from Gate: live order book, 55 min ago; KuCoin: live order book, 18 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, 55 min ago | 11.20 bp | 658.0 bp −$658 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 18 min ago | 13.95 bp | 606.6 bp −$607 | doesn't fit | doesn't fit | doesn't fit |
COLLECT 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COLLECTUSDT | +0.0100% | 4h | 0.01801 | +0.093% | $357K | $30K | 5x | as long as short |
| Binance COLLECTUSDT | +0.0100% | 4h | 0.01806 | +0.389% | $5.1M | $1.9M | 20x | as long as short |
| MEXC COLLECT_USDT | +0.0100% | 4h | 0.01807 | +0.445% | $548K | $123K | 50x | as long as short |
| BingX COLLECT-USDT | +0.0100% | 4h | 0.01808 | +0.500% | — | $2.3M | — | as long as short |
| Extended COLLECT-USD | +0.0104% | 1h | 0.01806 | +0.363% | $9K | $296K | 5x | as long as short |
| BloFin COLLECT-USDT | +0.0157% | 4h | 0.01803 | +0.222% | $331K | $6K | 20x | as long as short |
| KuCoin COLLECTUSDTMshort | +0.0714% | 4h | 0.01801 | +0.111% | $735K | $66K | 20x | |
| Gate COLLECT_USDTlong | +0.1238% | 4h | 0.01799 | long leg | $257K | $58K | 20x |
Aster COLLECTUSDT
Binance COLLECTUSDT
MEXC COLLECT_USDT
BingX COLLECT-USDT
Extended COLLECT-USD
BloFin COLLECT-USDT