Funding you earn now, next payment 04:00 UTC+0.1254%/8h= +137.3% APRnext payment +$6.27 per $10,000 · paid last 24h +0.084%
Price spread now: KuCoin against Gate−0.082%7-day average +0.156% · you buy dearer than you sell
Net, funding: paid 7d − costs−$753as in the Funding arb table
Net, price: spread back to 7d avg − costs−$780as in the Price arb table
costs, in and out, $10k−$7567.562% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)+0.271%+$27 · spread now −0.082%, 7d avg +0.156%
=Funding pays, the price is against you. KuCoin is 0.238% cheaper against Gate than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of +0.156%). If the spread goes back, that is −$24 on $10k: about 15 hours of funding at the current rate (+$38 a day). At the pace of the last 7 days (+0.029% in total) that is about 58 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MOG_USDT | 0.0000001219 | 0.0100 | pay 0.0050% / 4h | 25m 34s | $449K | $347K | 25x |
| Short | KuCoin 1000000MOGUSDTM | 0.0000001218 | 0.1354 | get 0.0677% / 4h | 25m 34s | $669K | $153K | 30x |
Gate MOG_USDT
KuCoin 1000000MOGUSDTMFunding 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
- $263.34
- Price spread: −0.082% → +0.156%
- −$23.77
- Slippage, 4 orders
- −$729.17
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$516.61
- Costs to cover
- 7.562%
- Break-even
- 20.7 days
Slippage from Gate: live order book, 30 min ago; KuCoin: live order book, 58 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, 30 min ago | 12.30 bp | 186.6 bp −$187 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 58 min ago | 16.22 bp | 230.2 bp −$230 | doesn't fit | doesn't fit | doesn't fit |
MOG 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit 1000MOG_USDC-PERPETUAL | −0.3037% | 1h | 0.0000001213 | −0.492% | $32K | $30K | 10x | as long as short |
| BloFin 1000000MOG-USDT | +0.0045% | 4h | 0.0000001217 | −0.164% | $78K | $21K | 50x | as long as short |
| Binance 1000000MOGUSDT | +0.0100% | 4h | 0.0000001219 | −0.014% | $1.2M | $4.0M | 50x | as long as short |
| Bybit 1000000MOGUSDT | +0.0100% | 4h | 0.0000001221 | +0.180% | $1.7M | $2.3M | 50x | as long as short |
| Gate MOG_USDTlong | +0.0100% | 4h | 0.0000001219 | long leg | $449K | $347K | 25x | |
| MEXC 1000000MOG_USDT | +0.0100% | 4h | 0.0000001218 | −0.082% | $724K | $220K | 100x | as long as short |
| Bitget 1000000MOGUSDT | +0.0100% | 4h | 0.0000001219 | 0.000% | $343K | $175K | 50x | as long as short |
| BingX 1000000MOG-USDT | +0.0204% | 4h | 0.0000001219 | 0.000% | — | $1.4M | — | as long as short |
| Kraken Futures PF_MOGUSD | +0.0803% | 1h | 0.0000001217 | −0.180% | $49K | $41K | 10x | as long as short |
| Coinbase International 1000MOG-PERP-INTX | +0.0880% | 1h | 0.0000001221 | +0.164% | $67K | $10K | 25x | as long as short |
Deribit 1000MOG_USDC-PERPETUAL
BloFin 1000000MOG-USDT
Binance 1000000MOGUSDT
Bybit 1000000MOGUSDT
MEXC 1000000MOG_USDT
Bitget 1000000MOGUSDT
BingX 1000000MOG-USDT
Kraken Futures PF_MOGUSD
Coinbase International 1000MOG-PERP-INTXShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 1000000MOG | +0.0942% | 4h | 0.0000001221 | +0.146% | $5K | $13K | — | as long as short |
| KuCoin 1000000MOGUSDTMshort | +0.1354% | 4h | 0.0000001218 | −0.082% | $669K | $153K | 30x |
Variational Omni 1000000MOG