Funding you earn now, next payment 08:00 UTC−0.0662%/8h= −72.5% APRnext payment −$3.31 per $10,000 · paid last 24h +0.120%
Price spread now: KuCoin against Gate−0.193%7-day average −0.270% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,657as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,653as in the Price arb table
costs, in and out, $10k−$2,66126.606% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.273%−$27 · spread now −0.193%, 7d avg −0.270%
=The price spread pays, funding is against you. KuCoin is 0.077% dearer against Gate than usual: you sell high and buy low (spread −0.193% now, against its 7-day average of −0.270%): +$8 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 9 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.31 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 | Gate ESPORTS_USDT | 0.01035 | 0.0762 | pay 0.0381% / 4h | 2h 12m | $373K | $577K | 10x |
| Short | KuCoin ESPORTSUSDTM | 0.01033 | 0.0100 | get 0.0050% / 4h | 2h 12m | $774K | $39K | 10x |
Gate ESPORTS_USDT
KuCoin ESPORTSUSDTMFunding 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
- −$139.02
- Price spread: −0.193% → −0.270%
- $7.69
- Slippage, 4 orders
- −$2,633.58
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,791.91
- Costs to cover
- 26.606%
- Break-even
- never at this rate
Slippage from Gate: live order book, 34 min ago; KuCoin: live order book, 7 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, 34 min ago | 9.71 bp | 595.3 bp −$595 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 14.53 bp | 794.3 bp −$794 | doesn't fit | doesn't fit | doesn't fit |
ESPORTS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPORTSUSDT | +0.0100% | 4h | 0.01038 | +0.290% | $1.8M | $1.2M | 10x | as long as short |
| KuCoin ESPORTSUSDTMshort | +0.0100% | 4h | 0.01033 | −0.193% | $774K | $39K | 10x | |
| Variational Omni ESPORTS | +0.0100% | 4h | 0.01035 | +0.032% | $31K | $503 | — | as long as short |
| Gate ESPORTS_USDTlong | +0.0762% | 4h | 0.01035 | long leg | $373K | $577K | 10x | |
| Aster ESPORTSUSDT | +0.1217% | 4h | 0.01033 | −0.237% | $126K | $90K | 5x | as long as short |
| MEXC ESPORTS_USDT | +0.1704% | 4h | 0.01035 | 0.000% | $1.4M | $192K | 20x | as long as short |
| BingX ESPORTS-USDT | +0.1706% | 4h | 0.01037 | +0.193% | — | $1.4M | — | as long as short |
| Binance ESPORTSUSDT | +0.1718% | 4h | 0.01036 | +0.097% | $5.8M | $4.6M | 10x | as long as short |
Bybit ESPORTSUSDT
Variational Omni ESPORTS
Aster ESPORTSUSDT
MEXC ESPORTS_USDT
BingX ESPORTS-USDT
Binance ESPORTSUSDT