Funding arb · Price arb /

GUN

all GUN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Gate against KuCoin+0.298%7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,963as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,922as in the Price arb table

costs, in and out, $10k−$1,95019.502% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.129%−$13 on $10k

Price spread, last 4 days (all we have)−0.292%−$29 · spread now +0.298%, 7d avg +0.020%

Together, before fees−0.421%−$42 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: Gate is 0.278% dearer against KuCoin than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of +0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GUNUSDTM	0.003020	0.0100	pay 0.0050% / 4h	41m 29s	$326K	$118K	30x
Short	Gate GUN_USDT	0.003029	0.0100	get 0.0050% / 4h	41m 29s	$188K	$90K	20x

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 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 GatebpOrdersPrice spread, now +0.298%Rate

Funding earned: $0
Price spread: +0.298% → +0.020%: $27.82
Slippage, 4 orders: −$1,923.22
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,922.4
Costs to cover: 19.502%
Break-even: never at this rate

Slippage from KuCoin: live order book, 61 min ago; Gate: live order book, 54 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	28.11 bp	761.8 bp −$762	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 54 min ago	9.97 bp	365.4 bp −$365	doesn't fit	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
BloFin GUN-USDT	+0.0080%	4h	0.003026	+0.199%	$145K	$9K	50x	as long as short
Binance GUNUSDT	+0.0100%	4h	0.003025	+0.166%	$2.1M	$3.8M	10x	as long as short
Bybit GUNUSDT	+0.0100%	4h	0.003030	+0.331%	$480K	$905K	20x	as long as short
Gate GUN_USDTshort	+0.0100%	4h	0.003029	+0.298%	$188K	$90K	20x
MEXC GUN_USDT	+0.0100%	4h	0.003024	+0.132%	$665K	$232K	50x	as long as short
KuCoin GUNUSDTMlong	+0.0100%	4h	0.003020	long leg	$326K	$118K	30x
Bitget GUNUSDT	+0.0100%	4h	0.003031	+0.364%	$542K	$243K	10x	as long as short
BingX GUN-USDT	+0.0100%	4h	0.003027	+0.232%	—	$1.3M	—	as long as short
Aster GUNUSDT	+0.0776%	4h	0.003021	+0.028%	$9K	$12K	5x	as long as short