Funding you earn now, next payment 08:00 UTC+0.0818%/8h= +89.6% APRpaid last 24h +0.242%
Price spread now: KuCoin against Gate+0.136%7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,264as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,309as in the Price arb table
costs, in and out, $10k−$1,30813.081% of the position
Funding, last 7 days+0.440%+$44 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now +0.136%, 7d avg +0.143%
=The price spread sits at its 7-day average of +0.143%, so right now this pair is about funding alone: +$25 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 0.440% in total (about 22.9% a year). A funding rate is set anew for every payment. 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 FHE_USDT | 0.02201 | 0.0100 | pay 0.0100% / 8h | 1h 59m | $608K | $71K | 10x |
| Short | KuCoin FHEUSDTM | 0.02204 | 0.0918 | get 0.0459% / 4h | 1h 59m | $652K | $9.0M | 10x |
Gate FHE_USDT
KuCoin FHEUSDTMFunding 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
- $171.78
- Price spread: +0.136% → +0.143%
- −$0.69
- Slippage, 4 orders
- −$1,281.06
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,136.97
- Costs to cover
- 13.081%
- Break-even
- 53.3 days
Slippage from Gate: live order book, 47 min ago; KuCoin: live order book, 9 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, 47 min ago | 9.01 bp | 260.8 bp −$261 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 2.26 bp | 64.3 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
FHE on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FHEUSDT | +0.0100% | 4h | 0.02203 | +0.091% | $1.5M | $511K | 13x | as long as short |
| Gate FHE_USDTlong | +0.0100% | 8h | 0.02201 | long leg | $608K | $71K | 10x | |
| Aster FHEUSDT | +0.0727% | 4h | 0.02204 | +0.145% | $17K | $2K | 5x | as long as short |
| KuCoin FHEUSDTMshort | +0.0918% | 4h | 0.02204 | +0.136% | $652K | $9.0M | 10x | |
| BingX FHE-USDT | +0.0980% | 4h | 0.02206 | +0.227% | — | $6.5M | — | as long as short |
| Extended FHE-USD | +0.1048% | 1h | 0.02206 | +0.220% | $2K | $199K | 5x | as long as short |
| MEXC FHE_USDT | +0.1050% | 4h | 0.02206 | +0.227% | $867K | $314K | 50x | as long as short |
| Binance FHEUSDT | +0.1051% | 4h | 0.02207 | +0.262% | $2.9M | $1.5M | 10x | as long as short |
Bybit FHEUSDT
Aster FHEUSDT
BingX FHE-USDT
Extended FHE-USD
MEXC FHE_USDT
Binance FHEUSDT