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

FF

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0346%/8h= +37.9% APRnext payment +$1.73 per $10,000 · paid last 24h +0.006%
Price spread now: Gate against KuCoin−0.094%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1231.231% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.299%+$30 on $10k
Price spread, last 7 days+0.082%+$8 · spread now −0.094%, 7d avg −0.033%
Together, before fees+0.381%+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.061% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of −0.033%). If the spread goes back, that is −$6 on $10k: about 14 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.299% in total) that is about 34 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FFUSDTM0.12750.0398pay 0.0199% / 4h2h 41m$8.5M$4.2M20x
ShortGate FF_USDT0.12740.0744get 0.0372% / 4h2h 41m$26.8M$1.3M50x

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
$72.66
Price spread: −0.094% → −0.033%
−$6.1
Slippage, 4 orders
−$96.07
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$56.51
Costs to cover
1.231%
Break-even
12.4 days
Slippage from KuCoin: live order book, 1 min ago; Gate: live order book, 2 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, 1 min ago8.23 bp44.4 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago2.74 bp25.7 bp −$26133.2 bp −$1,332doesn't fitdoesn't fit

FF on 11 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
BloFin FF-USDT+0.0063%4h0.1274−0.086%$2.3M$134K20xas long as short
Aster FFUSDT+0.0100%4h0.1274−0.127%$1.2M$27K5xas long as short
Binance FFUSDT+0.0100%4h0.1273−0.204%$43.0M$16.0M20xas long as short
Bybit FFUSDT+0.0100%4h0.1273−0.204%$14.4M$4.0M20xas long as short
MEXC FF_USDT+0.0100%4h0.1273−0.180%$10.2M$687K50xas long as short
Bitget FFUSDT+0.0100%4h0.1273−0.149%$18.5M$952K5xas long as short
BingX FF-USDT+0.0100%4h0.1273−0.157%$6.6Mas long as short
SunX FF-USDT+0.0100%4h0.1269−0.455%$1K$1.1M20xas long as short
KuCoin FFUSDTMlong+0.0398%4h0.1275long leg$8.5M$4.2M20x
Gate FF_USDTshort+0.0744%4h0.1274−0.094%$26.8M$1.3M50x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter FF+0.0952%1h0.1277+0.157%$135K$27K3xas long as short