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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IN_USDT | 0.03479 | 0.0164 | pay 0.0082% / 4h | 3h 39m | $224K | $102K | 50x |
| Short | KuCoin INUSDTM | 0.03477 | 0.0100 | get 0.0050% / 4h | 3h 39m | $274K | $48K | 30x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 27 min ago | 8.58 bp | 396.0 bp −$396 | 44093.1 bp −$440.9K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 12 min ago | 20.07 bp | 664.4 bp −$664 | doesn't fit | doesn't fit | doesn't fit |
IN 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster INUSDT | +0.0100% | 4h | 0.03475 | −0.129% | $125K | $21K | 5x | as long as short |
| Binance INUSDT | +0.0100% | 4h | 0.03476 | −0.099% | $1.9M | $1.1M | 25x | as long as short |
| Bybit INUSDT | +0.0100% | 4h | 0.03474 | −0.144% | $739K | $150K | 20x | as long as short |
| MEXC IN_USDT | +0.0100% | 4h | 0.03474 | −0.144% | $270K | $93K | 20x | as long as short |
| KuCoin INUSDTMshort | +0.0100% | 4h | 0.03477 | −0.057% | $274K | $48K | 30x | |
| Bitget INUSDT | +0.0100% | 4h | 0.03475 | −0.115% | $818K | $131K | 25x | as long as short |
| BingX IN-USDT | +0.0100% | 4h | 0.03475 | −0.115% | — | $2.3M | — | as long as short |
| Variational Omni IN | +0.0100% | 4h | 0.03479 | +0.013% | $1K | $7 | — | as long as short |
| Gate IN_USDTlong | +0.0164% | 4h | 0.03479 | long leg | $224K | $102K | 50x |
Gate IN_USDT
KuCoin INUSDTM
Aster INUSDT
Binance INUSDT
Bybit INUSDT
MEXC IN_USDT
Bitget INUSDT
BingX IN-USDT
Variational Omni IN