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+0.0540%/8h= +59.1% APRnext payment +$2.70 per $10,000 · paid last 24h +0.001%
Price spread now: Gate against KuCoin+0.182%7-day average −0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,414as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,424as in the Price arb table
costs, in and out, $10k−$1,45214.521% 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)−0.230%−$23 · spread now +0.182%, 7d avg −0.096%
Together, before fees+0.156%+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Gate is 0.279% dearer against KuCoin than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin INUSDTM0.038360.0100pay 0.0050% / 4h26m 48s$326K$113K30x
ShortGate IN_USDT0.038430.0640get 0.0320% / 4h26m 48s$266K$258K50x

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

Funding earned
$113.4
Price spread: +0.182% → −0.096%
$27.87
Slippage, 4 orders
−$1,425.14
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,310.87
Costs to cover
14.521%
Break-even
87.9 days
Slippage from KuCoin: live order book, 55 min ago; Gate: live order book, 25 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 KuCoin live order book, 55 min ago17.82 bp440.4 bp −$440doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 25 min ago9.41 bp215.4 bp −$215doesn'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
Bybit INUSDT+0.0100%4h0.03815−0.547%$959K$608K20xas long as short
KuCoin INUSDTMlong+0.0100%4h0.03836long leg$326K$113K30x
Bitget INUSDT+0.0100%4h0.03842+0.156%$943K$558K25xas long as short
Variational Omni IN+0.0100%4h0.03813−0.591%$2K$313as long as short
Gate IN_USDTshort+0.0640%4h0.03843+0.182%$266K$258K50x
Aster INUSDT+0.0775%4h0.03835−0.034%$141K$13K5xas long as short
BingX IN-USDT+0.0846%4h0.03835−0.026%$2.3Mas long as short
MEXC IN_USDT+0.0892%4h0.03828−0.209%$302K$107K20xas long as short
Binance INUSDT+0.0892%4h0.03824−0.306%$2.2M$3.3M25xas long as short