Funding you earn now, next payment 08:00 UTC+0.0810%/8h= +88.7% APRnext payment +$4.05 per $10,000 · paid last 24h +0.016%
Price spread now: Gate against KuCoin+0.701%7-day average +0.605% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,652as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,693as in the Price arb table
costs, in and out, $10k−$2,70327.030% of the position
Funding, last 7 days+0.514%+$51 on $10k
+Price spread, last 4 days (all we have)−0.500%−$50 · spread now +0.701%, 7d avg +0.605%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Gate is 0.095% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.605%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.514% in total (about 26.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.05 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 GUAUSDTM | 0.03711 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $240K | $21K | 20x |
| Short | Gate GUA_USDT | 0.03737 | 0.0910 | get 0.0455% / 4h | 1h 58m | $996K | $53K | 10x |
Funding 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
- $170.1
- Price spread: +0.701% → +0.605%
- $9.53
- Slippage, 4 orders
- −$2,676.01
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2,523.38
- Costs to cover
- 27.030%
- Break-even
- 110.8 days
Slippage from KuCoin: live order book, 57 min ago; Gate: live order book, 43 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, 57 min ago | 10.75 bp | 245.8 bp −$246 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 43 min ago | 8.03 bp | 393.8 bp −$394 | doesn't fit | doesn't fit | doesn't fit |
GUA 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GUAUSDT | +0.0100% | 4h | 0.03698 | −0.350% | $4.3M | $1.4M | 10x | as long as short |
| MEXC GUA_USDT | +0.0100% | 4h | 0.03698 | −0.350% | $340K | $167K | 20x | as long as short |
| KuCoin GUAUSDTMlong | +0.0100% | 4h | 0.03711 | long leg | $240K | $21K | 20x | |
| BingX GUA-USDT | +0.0100% | 4h | 0.03700 | −0.296% | — | $2.3M | — | as long as short |
| Variational Omni GUA | +0.0100% | 4h | 0.03709 | −0.059% | $1K | — | — | as long as short |
| Aster GUAUSDT | +0.0593% | 4h | 0.03702 | −0.235% | $60K | $29K | 20x | as long as short |
| Gate GUA_USDTshort | +0.0910% | 4h | 0.03737 | +0.701% | $996K | $53K | 10x |
KuCoin GUAUSDTM
Gate GUA_USDT
Binance GUAUSDT
MEXC GUA_USDT
BingX GUA-USDT
Variational Omni GUA
Aster GUAUSDT