Funding you earn now, next payment 08:00 UTC−0.0306%/8h= −33.5% APRnext payment −$3.06 per $10,000 · paid last 24h −0.046%
Price spread now: Gate against KuCoin−0.271%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.271% cheaper against KuCoin than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.046% in total (about -2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.06 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 EDUUSDTM | 0.05159 | 0.0406 | pay 0.0406% / 8h | 4h 00m | $78K | $30K | 30x |
| Short | Gate EDU_USDT | 0.05145 | 0.0100 | get 0.0100% / 8h | 4h 00m | $107K | $22K | 50x |
KuCoin EDUUSDTM
Gate EDU_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
- −$64.26
- Price spread: −0.271% → 0.000%
- −$27.14
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$118.4
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: KuCoin: no order-book sample; Gate: live order book, 50 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 50 min ago | 4.88 bp | 43.8 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
EDU 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EDUUSDT | +0.0100% | 8h | 0.05153 | −0.109% | $1K | $9K | 5x | as long as short |
| Binance EDUUSDT | +0.0100% | 8h | 0.05153 | −0.116% | $4.3M | $1.9M | 50x | as long as short |
| Bybit EDUUSDT | +0.0100% | 8h | 0.05149 | −0.194% | $513K | $243K | 5x | as long as short |
| Gate EDU_USDTshort | +0.0100% | 8h | 0.05145 | −0.271% | $107K | $22K | 50x | |
| MEXC EDU_USDT | +0.0100% | 8h | 0.05153 | −0.116% | $3.5M | $249K | 50x | as long as short |
| BingX EDU-USDT | +0.0100% | 8h | 0.05151 | −0.155% | — | $2.3M | — | as long as short |
| Variational Omni EDU | +0.0100% | 8h | 0.05150 | −0.173% | $5K | $27 | — | as long as short |
| KuCoin EDUUSDTMlong | +0.0406% | 8h | 0.05159 | long leg | $78K | $30K | 30x |
Aster EDUUSDT
Binance EDUUSDT
Bybit EDUUSDT
MEXC EDU_USDT
BingX EDU-USDT
Variational Omni EDU