Funding you earn now, next payment 04:00 UTC+0.0336%/8h= +36.8% APRpaid last 24h −0.067%
Price spread now: KuCoin against Gate−0.407%7-day average −0.296% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,770as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,796as in the Price arb table
costs, in and out, $10k−$1,78517.848% of the position
Funding, last 7 days+0.146%+$15 on $10k
+Price spread, last 4 days (all we have)+0.206%+$21 · spread now −0.407%, 7d avg −0.296%
=Funding pays, the price is against you. KuCoin is 0.111% cheaper against Gate than usual: you would sell low and buy high (spread −0.407% now, against its 7-day average of −0.296%). If the spread goes back, that is −$11 on $10k: about 26 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.146% in total) that is about 5.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.146% in total (about 7.6% a year). A funding rate is set anew for every payment. 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 | Gate HANA_USDT | 0.01476 | 0.0468 | pay 0.0468% / 8h | 4h 05m | $654K | $587K | 25x |
| Short | KuCoin HANAUSDTM | 0.01470 | 0.0804 | get 0.0402% / 4h | 5m 55s | $607K | $811K | 10x |
Gate HANA_USDT
KuCoin HANAUSDTMFunding 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
- $70.56
- Price spread: −0.407% → −0.296%
- −$11.07
- Slippage, 4 orders
- −$1,757.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,725.28
- Costs to cover
- 17.848%
- Break-even
- 178.2 days
Slippage from Gate: live order book, 50 min ago; KuCoin: 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 Gate live order book, 50 min ago | 10.22 bp | 65.7 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 43 min ago | 6.90 bp | 917.9 bp −$918 | doesn't fit | doesn't fit | doesn't fit |
HANA on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HANAUSDT | +0.0184% | 4h | 0.01474 | −0.152% | $13K | $9K | 5x | as long as short |
| Bybit HANAUSDT | +0.0189% | 4h | 0.01475 | −0.047% | $900K | $548K | 25x | as long as short |
| BloFin HANA-USDT | +0.0414% | 4h | 0.01476 | 0.000% | $336K | $5K | 10x | as long as short |
| BingX HANA-USDT | +0.0424% | 4h | 0.01475 | −0.068% | — | $6.5M | — | as long as short |
| Binance HANAUSDT | +0.0450% | 4h | 0.01475 | −0.039% | $5.2M | $2.7M | 10x | as long as short |
| MEXC HANA_USDT | +0.0452% | 4h | 0.01474 | −0.136% | $68K | $92K | 100x | as long as short |
| Gate HANA_USDTlong | +0.0468% | 8h | 0.01476 | long leg | $654K | $587K | 25x | |
| KuCoin HANAUSDTMshort | +0.0804% | 4h | 0.01470 | −0.407% | $607K | $811K | 10x |
Aster HANAUSDT
Bybit HANAUSDT
BloFin HANA-USDT
BingX HANA-USDT
Binance HANAUSDT
MEXC HANA_USDT