Funding you earn now, next payment 01:00 UTC+0.9736%/8h= +1066.1% APRnext payment +$12.17 per $10,000 · paid last 24h +0.904%
Price spread now: KuCoin against Gate−0.412%7-day average −0.169% · you buy dearer than you sell
Net, funding: paid 7d − costs+$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1251.250% of the position
Funding, last 7 days+2.192%+$219 on $10k
+Price spread, last 7 days+0.462%+$46 · spread now −0.412%, 7d avg −0.169%
=Funding pays, the price is against you. KuCoin is 0.242% cheaper against Gate than usual: you would sell low and buy high (spread −0.412% now, against its 7-day average of −0.169%). If the spread goes back, that is −$24 on $10k: about 2 hours of funding at the current rate (+$292 a day). At the pace of the last 7 days (+2.192% in total) that is about 19 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 2.192% in total (about 114.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.17 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 G_USDT | 0.006317 | −2.3824 | get 0.2978% / 1h | 40m 16s | $903K | $6.0M | 25x |
| Short | KuCoin GUSDTM | 0.006291 | −1.4088 | pay 0.1761% / 1h | 40m 16s | $1.5M | $1.6M | 30x |
Gate G_USDT
KuCoin GUSDTMFunding 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
- $2,044.56
- Price spread: −0.412% → −0.169%
- −$24.22
- Slippage, 4 orders
- −$98.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $1,895.32
- Costs to cover
- 1.250%
- Break-even
- 0.5 days
Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 6 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, 3 min ago | 6.35 bp | 28.3 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 4.80 bp | 37.1 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
G on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate G_USDTlong | −2.3824% | 1h | 0.006317 | long leg | $903K | $6.0M | 25x | |
| Binance GUSDT | −1.9182% | 1h | 0.006312 | −0.079% | $9.2M | $82.2M | 50x | as long as short |
| MEXC G_USDT | −1.8816% | 1h | 0.006313 | −0.063% | $3.9M | $1.4M | 20x | as long as short |
| Aster GUSDT | −1.8411% | 1h | 0.006311 | −0.096% | $626K | $2.0M | 5x | as long as short |
| KuCoin GUSDTMshort | −1.4088% | 1h | 0.006291 | −0.412% | $1.5M | $1.6M | 30x | |
| Bitget GUSDT | −1.2464% | 1h | 0.006311 | −0.095% | $1.4M | $10.0M | 50x | as long as short |
| BingX G-USDT | −0.4048% | 1h | 0.006310 | −0.111% | — | $3.1M | — | as long as short |
Binance GUSDT
MEXC G_USDT
Aster GUSDT
Bitget GUSDT
BingX G-USDT