Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: KuCoin against Gate−0.078%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,229as in the Price arb table
costs, in and out, $10k−$1,22212.217% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.078%, 7d avg −0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.077% cheaper against Gate than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COOKIE_USDT | 0.01286 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $132K | $241K | 25x |
| Short | KuCoin COOKIEUSDTM | 0.01285 | 0.0100 | get 0.0050% / 4h | 1h 43m | $234K | $165K | 20x |
Gate COOKIE_USDT
KuCoin COOKIEUSDTMFunding 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
- $0
- Price spread: −0.078% → −0.001%
- −$7.7
- Slippage, 4 orders
- −$1,194.69
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,229.39
- Costs to cover
- 12.217%
- Break-even
- never at this rate
Slippage from Gate: live order book, 58 min ago; KuCoin: live order book, 73 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, 58 min ago | 11.91 bp | 161.5 bp −$161 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 73 min ago | 15.70 bp | 495.3 bp −$495 | doesn't fit | doesn't fit | doesn't fit |
COOKIE 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 COOKIEUSDT | +0.0100% | 4h | 0.01290 | +0.311% | $2.2M | $9.9M | 20x | as long as short |
| Bybit COOKIEUSDT | +0.0100% | 4h | 0.01290 | +0.288% | $888K | $1.6M | 25x | as long as short |
| Gate COOKIE_USDTlong | +0.0100% | 4h | 0.01286 | long leg | $132K | $241K | 25x | |
| MEXC COOKIE_USDT | +0.0100% | 4h | 0.01290 | +0.311% | $662K | $379K | 100x | as long as short |
| KuCoin COOKIEUSDTMshort | +0.0100% | 4h | 0.01285 | −0.078% | $234K | $165K | 20x | |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01278 | −0.620% | $13K | $20K | — | as long as short |
| Bitget COOKIEUSDT | +0.0118% | 4h | 0.01290 | +0.311% | $369K | $326K | 5x | as long as short |
| BingX COOKIE-USDT | +0.0124% | 4h | 0.01288 | +0.132% | — | $6.5M | — | as long as short |
| Kraken Futures PF_COOKIEUSD | +0.0990% | 1h | 0.01290 | +0.325% | $15K | $48K | 10x | as long as short |
Binance COOKIEUSDT
Bybit COOKIEUSDT
MEXC COOKIE_USDT
Variational Omni COOKIE
Bitget COOKIEUSDT
BingX COOKIE-USDT
Kraken Futures PF_COOKIEUSD