Funding you earn now, next payment 04:00 UTC+0.0986%/8h= +108.0% APRnext payment +$4.93 per $10,000 · paid last 24h +0.031%
Price spread now: KuCoin against Gate+0.065%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,956as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,814as in the Price arb table
costs, in and out, $10k−$1,81718.165% of the position
Funding, last 7 days−1.396%−$140 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now +0.065%, 7d avg +0.036%
=Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and KuCoin is 0.029% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.036%. Mind the row above: over the last 7 days funding on this pair cost −1.396%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate INX_USDT | 0.006190 | 0.0100 | pay 0.0050% / 4h | 2h 08m | $1.6M | $70K | 25x |
| Short | KuCoin INXUSDTM | 0.006194 | 0.1086 | get 0.0543% / 4h | 2h 08m | $293K | $51K | 20x |
Gate INX_USDT
KuCoin INXUSDTMFunding 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
- $207.06
- Price spread: +0.065% → +0.036%
- $2.87
- Slippage, 4 orders
- −$1,789.55
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,606.61
- Costs to cover
- 18.165%
- Break-even
- 61.3 days
Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 27 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, 4 min ago | 16.16 bp | 99.3 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 27 min ago | 22.62 bp | 531.0 bp −$531 | doesn't fit | doesn't fit | doesn't fit |
INX on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International INX-PERP-INTX | −0.1776% | 1h | 0.006083 | −1.729% | $5K | $5K | 50x | as long as short |
| Deribit INX_USDC-PERPETUAL | 0.0000% | 1h | 0.006180 | −0.162% | $56K | $20K | 10x | as long as short |
| Gate INX_USDTlong | +0.0100% | 4h | 0.006190 | long leg | $1.6M | $70K | 25x | |
| Bitget INXUSDT | +0.0100% | 4h | 0.006190 | 0.000% | $388K | $97K | 25x | as long as short |
| Extended INX-USD | +0.0560% | 1h | 0.006194 | +0.070% | $3K | $112K | 5x | as long as short |
| Binance INXUSDT | +0.0561% | 4h | 0.006196 | +0.094% | $2.1M | $1.4M | 25x | as long as short |
| MEXC INX_USDT | +0.0570% | 4h | 0.006195 | +0.081% | $802K | $191K | 50x | as long as short |
| Bybit INXUSDT | +0.0919% | 4h | 0.006199 | +0.145% | $791K | $361K | 13x | as long as short |
| BingX INX-USDT | +0.1034% | 4h | 0.006199 | +0.145% | — | $6.5M | — | as long as short |
| KuCoin INXUSDTMshort | +0.1086% | 4h | 0.006194 | +0.065% | $293K | $51K | 20x |
Coinbase International INX-PERP-INTX
Deribit INX_USDC-PERPETUAL
Bitget INXUSDT
Extended INX-USD
Binance INXUSDT
MEXC INX_USDT
Bybit INXUSDT
BingX INX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster INXUSDT | +0.1139% | 4h | 0.006197 | +0.118% | $19K | $10K | 5x | as long as short |
Aster INXUSDT