Funding you earn now, next payment 00:00 UTC+0.0408%/8h= +44.7% APRnext payment +$2.04 per $10,000 · paid last 24h +0.099%
Price spread now: KuCoin against Gate+0.007%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$414as in the Funding arb table
Net, price: spread back to 7d avg − costs−$426as in the Price arb table
costs, in and out, $10k−$4274.273% of the position
Funding, last 7 days+0.135%+$13 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.007%, 7d avg −0.003%
=The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.135% in total (about 7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.04 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 EUL_USDT | 1.4286 | 0.0100 | pay 0.0050% / 4h | 57m 18s | $312K | $704K | 25x |
| Short | KuCoin EULUSDTM | 1.4287 | 0.0508 | get 0.0254% / 4h | 57m 18s | $308K | $58K | 25x |
Gate EUL_USDT
KuCoin EULUSDTMFunding 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
- $85.68
- Price spread: +0.007% → −0.003%
- $0.96
- Slippage, 4 orders
- −$400.34
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$340.71
- Costs to cover
- 4.273%
- Break-even
- 34.8 days
Slippage from Gate: live order book, 19 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, 19 min ago | 5.99 bp | 51.3 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 7.69 bp | 81.2 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
EUL on 12 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 EULUSDT | +0.0100% | 4h | 1.4272 | −0.099% | $36K | $9K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.4277 | −0.063% | $3.2M | $4.6M | 25x | as long as short |
| Bybit EULUSDT | +0.0100% | 4h | 1.4279 | −0.049% | $1.6M | $1.4M | 25x | as long as short |
| Gate EUL_USDTlong | +0.0100% | 4h | 1.4286 | long leg | $312K | $704K | 25x | |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4275 | −0.077% | $502K | $124K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.4310 | +0.168% | $2.2M | $264K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.4282 | −0.028% | — | $6.5M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4261 | −0.178% | $12K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0110% | 4h | 1.4256 | −0.208% | $25K | $262K | 10x | as long as short |
| BloFin EUL-USDT | +0.0127% | 4h | 1.4274 | −0.084% | $302K | $7K | 25x | as long as short |
Aster EULUSDT
Binance EULUSDT
Bybit EULUSDT
MEXC EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
edgeX EULUSDC
BloFin EUL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EUL-USDT | +0.0474% | 4h | 1.4312 | +0.182% | $130K | $43K | 10x | as long as short |
| KuCoin EULUSDTMshort | +0.0508% | 4h | 1.4287 | +0.007% | $308K | $58K | 25x |
HTX EUL-USDT