Funding you earn now, next payment 00:00 UTC−0.0424%/8h= −46.4% APRnext payment −$2.12 per $10,000 · paid last 24h −0.099%
Price spread now: Gate against KuCoin−0.084%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$441as in the Funding arb table
Net, price: spread back to 7d avg − costs−$436as 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)+0.088%+$9 · spread now −0.084%, 7d avg +0.002%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Gate is 0.086% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.002%). Swap the legs.
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 −$2.12 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 EULUSDTM | 1.4295 | 0.0524 | pay 0.0262% / 4h | 27m 35s | $308K | $57K | 25x |
| Short | Gate EUL_USDT | 1.4283 | 0.0100 | get 0.0050% / 4h | 27m 35s | $312K | $717K | 25x |
KuCoin EULUSDTM
Gate EUL_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
- −$89.04
- Price spread: −0.084% → +0.002%
- −$8.61
- Slippage, 4 orders
- −$400.34
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$525
- Costs to cover
- 4.273%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 34 min ago; Gate: live order book, 49 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 KuCoin live order book, 34 min ago | 7.69 bp | 207.6 bp −$208 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 49 min ago | 5.99 bp | 87.2 bp −$87 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EUL-USDT | +0.0045% | 4h | 1.4265 | −0.210% | $302K | $7K | 25x | as long as short |
| Aster EULUSDT | +0.0100% | 4h | 1.4286 | −0.065% | $36K | $9K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.4258 | −0.256% | $3.2M | $4.7M | 25x | as long as short |
| Bybit EULUSDT | +0.0100% | 4h | 1.4267 | −0.196% | $1.6M | $1.4M | 25x | as long as short |
| Gate EUL_USDTshort | +0.0100% | 4h | 1.4283 | −0.084% | $312K | $717K | 25x | |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4258 | −0.259% | $501K | $125K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.4290 | −0.035% | $2.2M | $269K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.4264 | −0.217% | — | $6.5M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4265 | −0.207% | $12K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0106% | 4h | 1.4273 | −0.157% | $25K | $262K | 10x | as long as short |
BloFin EUL-USDT
Aster EULUSDT
Binance EULUSDT
Bybit EULUSDT
MEXC EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
edgeX EULUSDCShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EUL-USDT | +0.0402% | 4h | 1.4330 | +0.245% | $130K | $43K | 10x | as long as short |
| KuCoin EULUSDTMlong | +0.0524% | 4h | 1.4295 | long leg | $308K | $57K | 25x |
HTX EUL-USDT