Funding arb · Price arb /

CTR

all CTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%

Price spread now: Gate against KuCoin+0.505%7-day average +0.183% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2,467as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,439as in the Price arb table

costs, in and out, $10k−$2,47224.716% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 4 days (all we have)−0.519%−$52 · spread now +0.505%, 7d avg +0.183%

Together, before fees−0.472%−$47 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 0.322% dearer against KuCoin than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of +0.183%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CTRUSDTM	0.01188	0.0100	pay 0.0050% / 4h	43m 27s	$286K	$364K	20x
Short	Gate CTR_USDT	0.01194	0.0100	get 0.0050% / 4h	43m 27s	$114K	$11K	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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee GatebpOrdersPrice spread, now +0.505%Rate

Funding earned: $0
Price spread: +0.505% → +0.183%: $32.2
Slippage, 4 orders: −$2,444.64
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$2,439.44
Costs to cover: 24.716%
Break-even: never at this rate

Slippage from KuCoin: live order book, 59 min ago; Gate: live order book, 52 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, 59 min ago	4.22 bp	886.3 bp −$886	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 52 min ago	16.82 bp	368.2 bp −$368	doesn't fit	doesn't fit	doesn't fit

CTR 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
Lighter CTR	+0.0096%	1h	0.01189	+0.084%	$10K	$319	3x	as long as short
Binance CTRUSDT	+0.0100%	4h	0.01189	+0.084%	$2.2M	$690K	20x	as long as short
Bybit CTRUSDT	+0.0100%	4h	0.01189	+0.101%	$249K	$118K	20x	as long as short
Gate CTR_USDTshort	+0.0100%	4h	0.01194	+0.505%	$114K	$11K	20x
MEXC CTR_USDT	+0.0100%	4h	0.01189	+0.093%	$608K	$142K	20x	as long as short
KuCoin CTRUSDTMlong	+0.0100%	4h	0.01188	long leg	$286K	$364K	20x
Bitget CTRUSDT	+0.0322%	4h	0.01189	+0.084%	$501K	$87K	20x	as long as short
Aster CTRUSDT	+0.0546%	4h	0.01187	−0.059%	$9K	$10K	5x	as long as short