Settings8H · net · $10k
Funding arb · Price arb /

ESPORTS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1800%/8h= +197.1% APRnext payment +$9.00 per $10,000 · paid last 24h −0.195%
Price spread now: Gate against KuCoin+0.288%7-day average +0.278% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3,424as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,416as in the Price arb table
costs, in and out, $10k−$3,41734.170% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.073%−$7 on $10k
Price spread, last 4 days (all we have)+0.147%+$15 · spread now +0.288%, 7d avg +0.278%
Together, before fees+0.074%+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.278%, so right now this pair is about funding alone: +$54 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.073%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.00 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ESPORTSUSDTM0.010410.0424pay 0.0212% / 4h3h 36m$794K$54K10x
ShortGate ESPORTS_USDT0.010440.2224get 0.1112% / 4h3h 36m$378K$561K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$378
Price spread: +0.288% → +0.278%
$1
Slippage, 4 orders
−$3,389.98
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$3,037.98
Costs to cover
34.170%
Break-even
63.3 days
Slippage from KuCoin: live order book, 17 min ago; Gate: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 17 min ago24.10 bp668.0 bp −$668doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 35 min ago9.64 bp768.5 bp −$769doesn't fitdoesn't fitdoesn't fit

ESPORTS on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ESPORTS+0.0158%4h0.01040−0.064%$31K$507as long as short
KuCoin ESPORTSUSDTMlong+0.0424%4h0.01041long leg$794K$54K10x
Aster ESPORTSUSDT+0.0905%4h0.01042+0.075%$142K$67K5xas long as short
BingX ESPORTS-USDT+0.1166%4h0.01042+0.096%$1.4Mas long as short
MEXC ESPORTS_USDT+0.1220%4h0.01040−0.096%$1.4M$182K20xas long as short
Binance ESPORTSUSDT+0.1220%4h0.010410.000%$5.8M$4.4M10xas long as short
Bybit ESPORTSUSDT+0.1360%4h0.01042+0.067%$1.8M$974K10xas long as short
Gate ESPORTS_USDTshort+0.2224%4h0.01044+0.288%$378K$561K10x