Funding you earn now, next payment 04:00 UTC−0.0138%/8h= −15.1% APRnext payment −$0.69 per $10,000 · paid last 24h +0.081%
Price spread now: KuCoin against Gate+0.067%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$626as in the Funding arb table
Net, price: spread back to 7d avg − costs−$662as in the Price arb table
costs, in and out, $10k−$6656.650% of the position
Funding, last 7 days+0.389%+$39 on $10k
+Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.067%, 7d avg +0.037%
=The price spread pays, funding is against you. KuCoin is 0.030% dearer against Gate than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of +0.037%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 17 hours. Mind the row above: over the last 7 days funding on this pair paid +0.389%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LA_USDT | 0.07429 | −0.0992 | get 0.0496% / 4h | 1h 41m | $239K | $824K | 50x |
| Short | KuCoin LAUSDTM | 0.07434 | −0.1130 | pay 0.0565% / 4h | 1h 41m | $1.0M | $87K | 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
- −$28.98
- Price spread: +0.067% → +0.037%
- $3.01
- Slippage, 4 orders
- −$638.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$691.01
- Costs to cover
- 6.650%
- Break-even
- never at this rate
Slippage from Gate: live order book, 20 min ago; KuCoin: live order book, 3 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, 20 min ago | 4.03 bp | 41.1 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 3.36 bp | 416.0 bp −$416 | doesn't fit | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LAUSDTMshort | −0.1130% | 4h | 0.07434 | +0.067% | $1.0M | $87K | 30x | |
| Gate LA_USDTlong | −0.0992% | 4h | 0.07429 | long leg | $239K | $824K | 50x | |
| OKX LA-USDT-SWAP | −0.0679% | 4h | 0.07420 | −0.121% | $1.3M | $3.1M | 20x | as long as short |
| Aster LAUSDT | −0.0631% | 4h | 0.07427 | −0.028% | $51K | $24K | 5x | as long as short |
| BingX LA-USDT | −0.0630% | 4h | 0.07424 | −0.067% | — | $6.6M | — | as long as short |
| Bitget LAUSDT | −0.0592% | 4h | 0.07412 | −0.229% | $2.0M | $494K | 25x | as long as short |
| BloFin LA-USDT | −0.0531% | 4h | 0.07443 | +0.188% | $248K | $20K | 25x | as long as short |
| Binance LAUSDT | −0.0498% | 4h | 0.07419 | −0.135% | $4.7M | $9.7M | 25x | as long as short |
| MEXC LA_USDT | −0.0498% | 4h | 0.07417 | −0.162% | $378K | $136K | 50x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07424 | −0.067% | $2.4M | $2.6M | 25x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07433 | +0.053% | $140K | $476K | 10x | as long as short |
Gate LA_USDT
KuCoin LAUSDTM
OKX LA-USDT-SWAP
Aster LAUSDT
BingX LA-USDT
Bitget LAUSDT
BloFin LA-USDT
Binance LAUSDT
MEXC LA_USDT
Bybit LAUSDT
GRVT LA_USDT_Perp