Funding you earn now, next payment 08:00 UTC−0.0594%/8h= −65.0% APRnext payment −$2.97 per $10,000 · paid last 24h −0.021%
Price spread now: Gate against KuCoin+0.277%7-day average +0.247% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,821as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,835as in the Price arb table
costs, in and out, $10k−$2,83828.376% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 4 days (all we have)−0.188%−$19 · spread now +0.277%, 7d avg +0.247%
=The price spread pays, funding is against you. Gate is 0.030% dearer against KuCoin than usual: you sell high and buy low (spread +0.277% now, against its 7-day average of +0.247%): +$3 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +0.163%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.163% in total (about 8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.97 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 | KuCoin COLLECTUSDTM | 0.01804 | 0.0694 | pay 0.0347% / 4h | 2h 37m | $737K | $66K | 20x |
| Short | Gate COLLECT_USDT | 0.01809 | 0.0100 | get 0.0050% / 4h | 2h 37m | $261K | $60K | 20x |
KuCoin COLLECTUSDTM
Gate COLLECT_USDTFunding 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
- −$124.74
- Price spread: +0.277% → +0.247%
- $2.98
- Slippage, 4 orders
- −$2,810.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2,959.34
- Costs to cover
- 28.376%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 32 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, 32 min ago | 8.34 bp | 676.4 bp −$676 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 11.01 bp | 660.9 bp −$661 | 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 | 0.01806 | +0.101% | $358K | $29K | 5x | as long as short |
| Gate COLLECT_USDTshort | +0.0100% | 4h | 0.01809 | +0.277% | $261K | $60K | 20x | |
| BloFin COLLECT-USDT | +0.0109% | 4h | 0.01811 | +0.388% | $332K | $7K | 20x | as long as short |
| Extended COLLECT-USD | +0.0160% | 1h | 0.01805 | +0.029% | $6K | $210K | 5x | as long as short |
| MEXC COLLECT_USDT | +0.0162% | 4h | 0.01805 | +0.055% | $549K | $124K | 50x | as long as short |
| Binance COLLECTUSDT | +0.0164% | 4h | 0.01805 | +0.055% | $5.1M | $2.0M | 20x | as long as short |
| BingX COLLECT-USDT | +0.0186% | 4h | 0.01806 | +0.111% | — | $2.3M | — | as long as short |
| KuCoin COLLECTUSDTMlong | +0.0694% | 4h | 0.01804 | long leg | $737K | $66K | 20x |
Aster COLLECTUSDT
BloFin COLLECT-USDT
Extended COLLECT-USD
MEXC COLLECT_USDT
Binance COLLECTUSDT
BingX COLLECT-USDT