Funding arb · Price arb /

GUN

all GUN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against KuCoin+0.133%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,417as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,411as in the Price arb table

costs, in and out, $10k−$1,41714.173% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.133%, 7d avg +0.070%

Together, before fees−0.053%−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.062% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.070%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GUNUSDTM	0.003014	0.0100	pay 0.0050% / 4h	2h 49m	$323K	$116K	30x
Short	Bitget GUNUSDT	0.003018	0.0100	get 0.0050% / 4h	2h 49m	$533K	$282K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now +0.133%Rate

Funding earned: $0
Price spread: +0.133% → +0.070%: $6.24
Slippage, 4 orders: −$1,393.3
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$1,411.06
Costs to cover: 14.173%
Break-even: never at this rate

Slippage from KuCoin: live order book, 61 min ago; Bitget: live order book, 15 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, 61 min ago	14.81 bp	897.3 bp −$897	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 15 min ago	8.21 bp	52.7 bp −$53	474.9 bp −$4,749	doesn't fit	doesn't fit

GUN on 9 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
Bybit GUNUSDT	+0.0100%	4h	0.003019	+0.166%	$520K	$960K	20x	as long as short
Gate GUN_USDT	+0.0100%	4h	0.003018	+0.133%	$183K	$113K	20x	as long as short
KuCoin GUNUSDTMlong	+0.0100%	4h	0.003014	long leg	$323K	$116K	30x
Bitget GUNUSDTshort	+0.0100%	4h	0.003018	+0.133%	$533K	$282K	10x
MEXC GUN_USDT	+0.0272%	4h	0.003018	+0.133%	$672K	$280K	50x	as long as short
BingX GUN-USDT	+0.0272%	4h	0.003017	+0.100%	—	$1.3M	—	as long as short
Binance GUNUSDT	+0.0273%	4h	0.003018	+0.121%	$2.1M	$4.3M	10x	as long as short
BloFin GUN-USDT	+0.0319%	4h	0.003021	+0.232%	$136K	$14K	50x	as long as short
Aster GUNUSDT	+0.0881%	4h	0.003017	+0.115%	$7K	$11K	5x	as long as short