Funding you earn now, next payment 08:00 UTC−0.1394%/8h= −152.6% APRpaid last 24h −0.449%
Price spread now: Gate against KuCoin+0.938%7-day average +0.150% · you sell dearer than you buy
Net, funding: paid 7d − costs−$669as in the Funding arb table
Net, price: spread back to 7d avg − costs−$320as in the Price arb table
costs, in and out, $10k−$3993.990% of the position
Funding, last 7 days−2.700%−$270 on $10k
+Price spread, last 7 days−1.693%−$169 · spread now +0.938%, 7d avg +0.150%
=The price spread pays, funding is against you. Gate is 0.788% dearer against KuCoin than usual: you sell high and buy low (spread +0.938% now, against its 7-day average of +0.150%): +$79 on $10k if it goes back. Holding the pair costs −$42 a day in funding at the current rate, which eats that in about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MUSDTM | 1.3650 | 0.1494 | pay 0.0747% / 4h | 3h 12m | $1.4M | $3.9M | 10x |
| Short | Gate M_USDT | 1.3778 | 0.0100 | get 0.0100% / 8h | 3h 12m | $1.9M | $893K | 10x |
KuCoin MUSDTM
Gate M_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$292.74
- Price spread: +0.938% → +0.150%
- $78.82
- Slippage, 4 orders
- −$371.98
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$612.9
- Costs to cover
- 3.990%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, just now; Gate: live order book, just now.
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 KuCoin live order book, just now | 9.66 bp | 148.7 bp −$149 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, just now | 20.35 bp | 59.7 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
M on 12 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 | 1.3794 | +1.055% | $4.3M | $1.8M | 20x | as long as short |
| Gate M_USDTshort | +0.0100% | 8h | 1.3778 | +0.938% | $1.9M | $893K | 10x | |
| Bitget MUSDT | +0.0100% | 4h | 1.3793 | +1.048% | $1.8M | $251K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4019 | +2.704% | $87K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.3784 | +0.982% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.3775 | +0.916% | $1K | $792K | 20x | as long as short |
| Aster MUSDT | +0.0439% | 4h | 1.3782 | +0.964% | $14K | $83K | 5x | as long as short |
| BingX M-USDT | +0.0650% | 4h | 1.3782 | +0.967% | — | $2.4M | — | as long as short |
| BloFin M-USDT | +0.0664% | 4h | 1.3894 | +1.788% | $352K | $441K | 10x | as long as short |
| MEXC M_USDT | +0.0690% | 4h | 1.3786 | +0.996% | $228K | $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
BloFin M-USDT
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MUSDT | +0.0693% | 4h | 1.3779 | +0.945% | $5.4M | $3.9M | 10x | as long as short |
| KuCoin MUSDTMlong | +0.1494% | 4h | 1.3650 | long leg | $1.4M | $3.9M | 10x |
Binance MUSDT