Funding you earn now, next payment 04:00 UTC+0.3074%/8h= +336.6% APRpaid last 24h +0.543%
Price spread now: KuCoin against Gate−0.605%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$411as in the Price arb table
costs, in and out, $10k−$3633.628% of the position
Funding, last 7 days+2.601%+$260 on $10k
+Price spread, last 7 days+1.242%+$124 · spread now −0.605%, 7d avg −0.125%
=Funding pays, the price is against you. KuCoin is 0.479% cheaper against Gate than usual: you would sell low and buy high (spread −0.605% now, against its 7-day average of −0.125%). If the spread goes back, that is −$48 on $10k: about 12 hours of funding at the current rate (+$92 a day). At the pace of the last 7 days (+2.601% in total) that is about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate M_USDT | 1.4259 | 0.0100 | pay 0.0100% / 8h | 6h 05m | $1.9M | $904K | 10x |
| Short | KuCoin MUSDTM | 1.4173 | 0.3174 | get 0.1587% / 4h | 2h 05m | $1.4M | $4.0M | 10x |
Gate M_USDT
KuCoin MUSDTMFunding 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
- $645.54
- Price spread: −0.605% → −0.125%
- −$47.93
- Slippage, 4 orders
- −$335.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $234.84
- Costs to cover
- 3.628%
- Break-even
- 4.5 days
Slippage from Gate: live order book, 2 min ago; KuCoin: live order book, 7 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, 2 min ago | 7.01 bp | 57.5 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 6.28 bp | 121.3 bp −$121 | doesn't fit | doesn't fit | doesn't fit |
M 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4281 | +0.154% | $4.5M | $1.8M | 20x | as long as short |
| Gate M_USDTlong | +0.0100% | 8h | 1.4259 | long leg | $1.9M | $904K | 10x | |
| Bitget MUSDT | +0.0100% | 4h | 1.4284 | +0.175% | $1.8M | $239K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4276 | +0.119% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4278 | +0.133% | $2K | $496 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4298 | +0.274% | $1K | $713K | 20x | as long as short |
| Aster MUSDT | +0.1148% | 4h | 1.4244 | −0.104% | $16K | $93K | 5x | as long as short |
| BingX M-USDT | +0.1430% | 4h | 1.4286 | +0.189% | — | $2.4M | — | as long as short |
| Binance MUSDT | +0.1490% | 4h | 1.4288 | +0.200% | $5.5M | $3.7M | 10x | as long as short |
| MEXC M_USDT | +0.1498% | 4h | 1.4285 | +0.182% | $239K | $109K | 50x | as long as short |
Bybit MUSDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
BingX M-USDT
Binance MUSDT
MEXC M_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MUSDTMshort | +0.3174% | 4h | 1.4173 | −0.605% | $1.4M | $4.0M | 10x |