Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Gate−0.238%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1751.750% of the position
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.238%, 7d avg −0.091%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.146% cheaper against Gate than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.091%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GMT_USDT | 0.008410 | 0.0100 | pay 0.0100% / 8h | 7h 40m | $145K | $105K | 50x |
| Short | KuCoin GMTUSDTM | 0.008390 | 0.0100 | get 0.0050% / 4h | 3h 40m | $245K | $98K | 50x |
Funding 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
- $0
- Price spread: −0.238% → −0.091%
- −$14.64
- Slippage, 4 orders
- −$148.05
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$189.69
- Costs to cover
- 1.750%
- Break-even
- never at this rate
Slippage from Gate: live order book, 25 min ago; KuCoin: live order book, 10 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, 25 min ago | 11.95 bp | 34.7 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 11.95 bp | 49.8 bp −$50 | 232.8 bp −$2,328 | doesn't fit | doesn't fit |
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 | −0.1375% | 1h | 0.008415 | +0.060% | $46K | $11K | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008409 | −0.012% | $125K | $124K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008408 | −0.018% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008409 | −0.012% | $2.7M | $3.1M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008402 | −0.095% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008408 | −0.024% | $352K | $571K | 20x | as long as short |
| Gate GMT_USDTlong | +0.0100% | 8h | 0.008410 | long leg | $145K | $105K | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008409 | −0.012% | $426K | $185K | 20x | as long as short |
| KuCoin GMTUSDTMshort | +0.0100% | 4h | 0.008390 | −0.238% | $245K | $98K | 50x | |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008405 | −0.059% | $675K | $397K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008404 | −0.071% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008399 | −0.128% | $3K | $5K | — | as long as short |
Gate GMT_USDT
KuCoin GMTUSDTM
Kraken Futures PF_GMTUSD
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
MEXC GMT_USDT
Bitget GMTUSDT
BingX GMT-USDT
Variational Omni GMT