Settings8H · net · $10k
Funding arb · Price arb /

IN

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0064%/8h= −7.0% APRnext payment $0.32 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against Gate−0.057%7-day average +0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,998as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,974as in the Price arb table
costs, in and out, $10k−$1,95919.589% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.386%−$39 on $10k
Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.057%, 7d avg +0.098%
Together, before fees−0.285%−$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.156% cheaper against Gate than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.098%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IN_USDT0.034790.0164pay 0.0082% / 4h3h 39m$224K$102K50x
ShortKuCoin INUSDTM0.034770.0100get 0.0050% / 4h3h 39m$274K$48K30x

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

Profit calculator

Funding earned
−$13.44
Price spread: −0.057% → +0.098%
−$15.56
Slippage, 4 orders
−$1,931.94
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,987.94
Costs to cover
19.589%
Break-even
never at this rate
Slippage from Gate: live order book, 27 min ago; KuCoin: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 27 min ago8.58 bp396.0 bp −$39644093.1 bp −$440.9Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 12 min ago20.07 bp664.4 bp −$664doesn't fitdoesn't fitdoesn't fit

IN on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster INUSDT+0.0100%4h0.03475−0.129%$125K$21K5xas long as short
Binance INUSDT+0.0100%4h0.03476−0.099%$1.9M$1.1M25xas long as short
Bybit INUSDT+0.0100%4h0.03474−0.144%$739K$150K20xas long as short
MEXC IN_USDT+0.0100%4h0.03474−0.144%$270K$93K20xas long as short
KuCoin INUSDTMshort+0.0100%4h0.03477−0.057%$274K$48K30x
Bitget INUSDT+0.0100%4h0.03475−0.115%$818K$131K25xas long as short
BingX IN-USDT+0.0100%4h0.03475−0.115%$2.3Mas long as short
Variational Omni IN+0.0100%4h0.03479+0.013%$1K$7as long as short
Gate IN_USDTlong+0.0164%4h0.03479long leg$224K$102K50x