Funding you earn now, next payment 08:00 UTC+0.0770%/8h= +84.3% APRnext payment +$3.85 per $10,000 · paid last 24h +0.035%
Price spread now: Gate against KuCoin+0.123%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$318as in the Funding arb table
Net, price: spread back to 7d avg − costs−$334as in the Price arb table
costs, in and out, $10k−$3373.375% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 4 days (all we have)−0.193%−$19 · spread now +0.123%, 7d avg +0.087%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Gate is 0.037% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.087%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.190% in total (about 9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CYSUSDTM | 0.1625 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $1.4M | $152K | 20x |
| Short | Gate CYS_USDT | 0.1627 | 0.0870 | get 0.0435% / 4h | 2h 21m | $630K | $122K | 20x |
KuCoin CYSUSDTM
Gate CYS_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
- $161.7
- Price spread: +0.123% → +0.087%
- $3.66
- Slippage, 4 orders
- −$310.45
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$172.1
- Costs to cover
- 3.375%
- Break-even
- 14.5 days
Slippage from KuCoin: live order book, 3 min ago; Gate: live order book, 24 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, 3 min ago | 12.32 bp | 71.8 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 24 min ago | 15.50 bp | 69.2 bp −$69 | 130.5 bp −$1,305 | doesn't fit | doesn't fit |
CYS on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CYSUSDT | +0.0100% | 4h | 0.1628 | +0.185% | $258K | $88K | 10x | as long as short |
| MEXC CYS_USDT | +0.0100% | 4h | 0.1629 | +0.246% | $1.5M | $236K | 50x | as long as short |
| KuCoin CYSUSDTMlong | +0.0100% | 4h | 0.1625 | long leg | $1.4M | $152K | 20x | |
| Bitget CYSUSDT | +0.0100% | 4h | 0.1629 | +0.246% | $1.7M | $742K | 25x | as long as short |
| Binance CYSUSDT | +0.0102% | 4h | 0.1630 | +0.308% | $4.3M | $4.9M | 20x | as long as short |
| edgeX CYSUSDC | +0.0108% | 4h | 0.1628 | +0.156% | $7K | $110K | 10x | as long as short |
| Variational Omni CYS | +0.0115% | 4h | 0.1628 | +0.199% | $34K | $13K | — | as long as short |
| BingX CYS-USDT | +0.0422% | 4h | 0.1632 | +0.431% | — | $1.3M | — | as long as short |
| Bybit CYSUSDT | +0.0485% | 4h | 0.1630 | +0.308% | $1.5M | $1.1M | 13x | as long as short |
| Gate CYS_USDTshort | +0.0870% | 4h | 0.1627 | +0.123% | $630K | $122K | 20x |
Aster CYSUSDT
MEXC CYS_USDT
Bitget CYSUSDT
Binance CYSUSDT
edgeX CYSUSDC
Variational Omni CYS
BingX CYS-USDT
Bybit CYSUSDT