Funding you earn now, next payment 08:00 UTC+0.0596%/8h= +65.3% APRnext payment +$2.98 per $10,000 · paid last 24h +0.180%
Price spread now: KuCoin against Gate+0.184%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1901.900% of the position
Funding, last 7 days+1.030%+$103 on $10k
+Price spread, last 4 days (all we have)−0.233%−$23 · spread now +0.184%, 7d avg −0.005%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and KuCoin is 0.189% dearer against Gate than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CVC_USDT | 0.02724 | −0.0222 | get 0.0111% / 4h | 3h 10m | $214K | $307K | 25x |
| Short | KuCoin CVCUSDTM | 0.02729 | 0.0374 | get 0.0187% / 4h | 3h 10m | $1.3M | $410K | 30x |
Funding 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
- $125.16
- Price spread: +0.184% → −0.005%
- $18.9
- Slippage, 4 orders
- −$163
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$45.94
- Costs to cover
- 1.900%
- Break-even
- 9.6 days
Slippage from Gate: live order book, 40 min ago; KuCoin: 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 Gate live order book, 40 min ago | 5.49 bp | 30.7 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 5.50 bp | 102.6 bp −$103 | doesn't fit | doesn't fit | doesn't fit |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDTlong | −0.0222% | 4h | 0.02724 | long leg | $214K | $307K | 25x | |
| Binance CVCUSDT | +0.0100% | 4h | 0.02722 | −0.087% | $2.9M | $5.5M | 50x | as long as short |
| Bybit CVCUSDT | +0.0100% | 1h | 0.02714 | −0.367% | $1.7M | $1.6M | 25x | as long as short |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02721 | −0.110% | $654K | $135K | 20x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02724 | 0.000% | $442K | $484K | 50x | as long as short |
| BingX CVC-USDT | +0.0100% | 4h | 0.02722 | −0.073% | — | $2.4M | — | as long as short |
| Variational Omni CVC | +0.0100% | 1h | 0.02715 | −0.330% | $1K | $370 | — | as long as short |
| KuCoin CVCUSDTMshort | +0.0374% | 4h | 0.02729 | +0.184% | $1.3M | $410K | 30x |
Gate CVC_USDT
KuCoin CVCUSDTM
Binance CVCUSDT
Bybit CVCUSDT
MEXC CVC_USDT
Bitget CVCUSDT
BingX CVC-USDT
Variational Omni CVC