Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against Aster−0.055%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.055% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster GMTUSDT | 0.008375 | 0.0100 | pay 0.0050% / 4h | 55m 19s | $8K | $14K | 10x |
| Short | KuCoin GMTUSDTM | 0.008370 | 0.0068 | get 0.0034% / 4h | 55m 19s | $250K | $101K | 50x |
Aster GMTUSDT
KuCoin GMTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Aster. 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
- −$6.72
- Price spread: −0.055% → 0.000%
- −$5.47
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$32.19
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 5 min ago. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 5 min ago | 5.98 bp | 54.2 bp −$54 | 248.0 bp −$2,480 | doesn't fit | doesn't fit |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
GMT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1556% | 1h | 0.008385 | +0.120% | $46K | $11K | 20x | as long as short |
| KuCoin GMTUSDTMshort | +0.0068% | 4h | 0.008370 | −0.055% | $250K | $101K | 50x | |
| Hyperliquid GMT | +0.0100% | 1h | 0.008382 | +0.089% | $123K | $123K | 3x | as long as short |
| Aster GMTUSDTlong | +0.0100% | 4h | 0.008375 | long leg | $8K | $14K | 10x | |
| Binance GMTUSDT | +0.0100% | 4h | 0.008379 | +0.053% | $2.7M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008372 | −0.031% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008370 | −0.055% | $348K | $555K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008370 | −0.055% | $147K | $105K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008380 | +0.065% | $423K | $181K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008374 | −0.007% | $674K | $400K | 50x | as long as short |
Kraken Futures PF_GMTUSD
Hyperliquid GMT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMT | +0.0100% | 8h | 0.008370 | −0.050% | $3K | $5K | — | as long as short |
| BingX GMT-USDT | +0.0200% | 4h | 0.008371 | −0.043% | — | $1.2M | — | as long as short |
Variational Omni GMT
BingX GMT-USDT