Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against Gate−0.070%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1541.535% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 7 days−0.045%−$4 · spread now −0.070%, 7d avg −0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.044% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ETHFI_USDT | 0.7171 | 0.0100 | pay 0.0050% / 4h | 1h 11m | $1.7M | $2.1M | 75x |
| Short | KuCoin ETHFIUSDTM | 0.7166 | 0.0100 | get 0.0050% / 4h | 1h 11m | $1.2M | $272K | 50x |
Gate ETHFI_USDT
KuCoin ETHFIUSDTMFunding 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
- $0
- Price spread: −0.070% → −0.026%
- −$4.37
- Slippage, 4 orders
- −$126.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$157.88
- Costs to cover
- 1.535%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; KuCoin: live order book, 4 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, 2 min ago | 2.79 bp | 26.4 bp −$26 | 225.3 bp −$2,253 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 5.59 bp | 47.7 bp −$48 | 159.8 bp −$1,598 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0307% | 1h | 0.7171 | 0.000% | $42K | $18K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0261% | 4h | 0.7132 | −0.544% | $83K | $165K | 20x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0252% | 1h | 0.7176 | +0.064% | $282K | $148K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0185% | 4h | 0.7163 | −0.112% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0022% | 8h | 0.7161 | −0.141% | $6K | — | 5x | as long as short |
| Extended ETHFI-USD | +0.0024% | 1h | 0.7165 | −0.077% | $93K | $493K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0024% | 4h | 0.7167 | −0.056% | $15.1M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0026% | 4h | 0.7167 | −0.058% | $24.8M | $37.2M | 75x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.962% | $321 | $51K | 5.5x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7165 | −0.084% | $9K | — | 3x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDT
Injective ETHFI/USDC PERP
Aevo ETHFI-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ETHFIUSDT | +0.0092% | 4h | 0.7168 | −0.042% | $6.1M | $5.7M | 75x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7172 | +0.014% | $1.1M | $898K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7179 | +0.114% | $18.2M | $8.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7167 | −0.061% | $183K | $259K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7171 | 0.000% | $18.2M | $13.0M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7173 | +0.028% | $4.9M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDTlong | +0.0100% | 4h | 0.7171 | long leg | $1.7M | $2.1M | 75x | |
| KuCoin ETHFIUSDTMshort | +0.0100% | 4h | 0.7166 | −0.070% | $1.2M | $272K | 50x | |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7169 | −0.028% | — | $26.1M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7158 | −0.180% | $1.0M | $755K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7164 | −0.092% | $59K | $93K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7163 | −0.112% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0104% | 4h | 0.7158 | −0.181% | $1.2M | $292K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0304% | 1h | 0.7177 | +0.084% | $31K | $6K | 50x | as long as short |
Bitget ETHFIUSDT
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
BingX ETHFI-USDT
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX