Settings8H · net · $10k
Funding arb · Price arb /

CROSS

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against KuCoin+0.231%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,764as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,738as in the Price arb table
costs, in and out, $10k−$2,75527.552% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.090%−$9 on $10k
Price spread, last 4 days (all we have)−0.269%−$27 · spread now +0.231%, 7d avg +0.058%
Together, before fees−0.359%−$36 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.173% dearer against KuCoin than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CROSSUSDTM0.14730.0100pay 0.0050% / 4h1h 43m$272K$31K20x
ShortGate CROSS_USDT0.14760.0100get 0.0050% / 4h1h 43m$183K$48K20x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.231% → +0.058%
$17.29
Slippage, 4 orders
−$2,728.21
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$2,737.92
Costs to cover
27.552%
Break-even
never at this rate
Slippage from KuCoin: live order book, 27 min ago; Gate: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 27 min ago33.34 bp822.5 bp −$822doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 32 min ago12.58 bp866.6 bp −$867doesn't fitdoesn't fitdoesn't fit

CROSS on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CROSSUSDT+0.0100%4h0.1475+0.177%$1.5M$3.2M40xas long as short
Bybit CROSSUSDT+0.0100%4h0.1476+0.231%$674K$700K20xas long as short
Gate CROSS_USDTshort+0.0100%4h0.1476+0.231%$183K$48K20x
MEXC CROSS_USDT+0.0100%4h0.1477+0.265%$318K$161K100xas long as short
KuCoin CROSSUSDTMlong+0.0100%4h0.1473long leg$272K$31K20x
Bitget CROSSUSDT+0.0100%4h0.1473−0.007%$1.2M$216K20xas long as short
BingX CROSS-USDT+0.0100%4h0.1477+0.258%$1.3Mas long as short
Variational Omni CROSS+0.0100%4h0.1476+0.191%$677$2Kas long as short