Funding you earn now, next payment 00:00 UTC−0.0606%/8h= −66.4% APRnext payment −$3.03 per $10,000 · paid last 24h −0.118%
Price spread now: Gate against KuCoin−0.073%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1311.312% of the position
Funding, last 7 days−0.884%−$88 on $10k
+Price spread, last 4 days (all we have)+0.176%+$18 · spread now −0.073%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Gate is 0.087% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CVCUSDTM | 0.02750 | 0.0100 | pay 0.0050% / 4h | 5m 20s | $1.4M | $432K | 30x |
| Short | Gate CVC_USDT | 0.02748 | −0.0506 | pay 0.0253% / 4h | 5m 20s | $220K | $330K | 25x |
KuCoin CVCUSDTM
Gate CVC_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
- −$127.26
- Price spread: −0.073% → +0.015%
- −$8.74
- Slippage, 4 orders
- −$104.22
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$267.22
- Costs to cover
- 1.312%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 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, 5 min ago | 3.64 bp | 29.3 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 3.64 bp | 34.5 bp −$35 | 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_USDTshort | −0.0506% | 4h | 0.02748 | −0.073% | $220K | $330K | 25x | |
| Bitget CVCUSDT | −0.0090% | 4h | 0.02745 | −0.182% | $450K | $501K | 50x | as long as short |
| MEXC CVC_USDT | +0.0008% | 4h | 0.02746 | −0.145% | $655K | $123K | 20x | as long as short |
| Binance CVCUSDT | +0.0009% | 4h | 0.02746 | −0.145% | $3.0M | $5.7M | 50x | as long as short |
| BingX CVC-USDT | +0.0026% | 4h | 0.02738 | −0.436% | — | $2.4M | — | as long as short |
| Variational Omni CVC | +0.0100% | 1h | 0.02726 | −0.886% | $1K | $370 | — | as long as short |
| Bybit CVCUSDT | +0.0100% | 1h | 0.02727 | −0.836% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin CVCUSDTMlong | +0.0100% | 4h | 0.02750 | long leg | $1.4M | $432K | 30x |
Bitget CVCUSDT
MEXC CVC_USDT
Binance CVCUSDT
BingX CVC-USDT
Variational Omni CVC
Bybit CVCUSDT