Funding you earn now, next payment 04:00 UTC−0.5624%/8h= −615.8% APRnext payment −$7.03 per $10,000 · paid last 24h −0.994%
Price spread now: Gate against KuCoin+0.513%7-day average +0.175% · you sell dearer than you buy
Net, funding: paid 7d − costs−$361as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$1181.178% of the position
Funding, last 7 days−2.435%−$243 on $10k
+Price spread, last 7 days−0.715%−$71 · spread now +0.513%, 7d avg +0.175%
=The price spread pays, funding is against you. Gate is 0.339% dearer against KuCoin than usual: you sell high and buy low (spread +0.513% now, against its 7-day average of +0.175%): +$34 on $10k if it goes back. Holding the pair costs −$169 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−2.435% in total) that is about 23 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.435% in total (about -127.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.03 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 GUSDTM | 0.006232 | −0.8056 | get 0.1007% / 1h | 0m 02s | $1.5M | $1.3M | 30x |
| Short | Gate G_USDT | 0.006264 | −1.3680 | pay 0.1710% / 1h | 0m 02s | $957K | $4.0M | 25x |
KuCoin GUSDTM
Gate G_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
- −$1,181.04
- Price spread: +0.513% → +0.175%
- $33.87
- Slippage, 4 orders
- −$90.77
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,264.94
- Costs to cover
- 1.178%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Gate: live order book, 3 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, 6 min ago | 2.40 bp | 39.6 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 2.39 bp | 24.1 bp −$24 | 153.9 bp −$1,539 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC G_USDT | −1.4320% | 1h | 0.006279 | +0.754% | $3.7M | $1.2M | 20x | as long as short |
| Binance GUSDT | −1.4224% | 1h | 0.006277 | +0.726% | $9.3M | $58.3M | 50x | as long as short |
| Bitget GUSDT | −1.4176% | 1h | 0.006271 | +0.626% | $1.4M | $5.8M | 50x | as long as short |
| Gate G_USDTshort | −1.3680% | 1h | 0.006264 | +0.513% | $957K | $4.0M | 25x | |
| Aster GUSDT | −1.2190% | 1h | 0.006297 | +1.043% | $643K | $1.1M | 5x | as long as short |
| KuCoin GUSDTMlong | −0.8056% | 1h | 0.006232 | long leg | $1.5M | $1.3M | 30x | |
| BingX G-USDT | −0.3264% | 1h | 0.006276 | +0.706% | — | $2.9M | — | as long as short |
MEXC G_USDT
Binance GUSDT
Bitget GUSDT
Aster GUSDT
BingX G-USDT