Funding you earn now, next payment 08:00 UTC−0.0892%/8h= −97.7% APRnext payment −$4.46 per $10,000 · paid last 24h +0.021%
Price spread now: KuCoin against Gate+0.106%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$2002.002% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 7 days−0.083%−$8 · spread now +0.106%, 7d avg 0.000%
=The price spread pays, funding is against you. KuCoin is 0.105% dearer against Gate than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of 0.000%): +$11 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.085% in total) that is about 8.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.46 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 MUBARAK_USDT | 0.04734 | 0.1314 | pay 0.0657% / 4h | 3h 56m | $7.5M | $5.5M | 50x |
| Short | KuCoin MUBARAKUSDTM | 0.04739 | 0.0422 | get 0.0211% / 4h | 3h 56m | $1.7M | $1.2M | 30x |
Gate MUBARAK_USDT
KuCoin MUBARAKUSDTMFunding 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
- −$187.32
- Price spread: +0.106% → 0.000%
- $10.52
- Slippage, 4 orders
- −$173.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$377.02
- Costs to cover
- 2.002%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; KuCoin: live order book, 10 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 | 9.49 bp | 26.6 bp −$27 | 521.5 bp −$5,215 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 9.57 bp | 68.8 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
MUBARAK 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 MUBARAKUSDT | +0.0100% | 4h | 0.04726 | −0.171% | $3.6M | $11.8M | 25x | as long as short |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04722 | −0.247% | $2.9M | $61.0M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04733 | −0.023% | $12K | $57K | — | as long as short |
| MEXC MUBARAK_USDT | +0.0178% | 4h | 0.04726 | −0.169% | $964K | $1.5M | 50x | as long as short |
| Binance MUBARAKUSDT | +0.0179% | 4h | 0.04728 | −0.126% | $17.9M | $97.1M | 25x | as long as short |
| Kraken Futures PF_MUBARAKUSD | +0.0230% | 1h | 0.04721 | −0.271% | $59K | $450K | 10x | as long as short |
| KuCoin MUBARAKUSDTMshort | +0.0422% | 4h | 0.04739 | +0.106% | $1.7M | $1.2M | 30x | |
| BingX MUBARAK-USDT | +0.0438% | 4h | 0.04731 | −0.063% | — | $3.2M | — | as long as short |
| Bitget MUBARAKUSDT | +0.0468% | 4h | 0.04736 | +0.042% | $3.0M | $7.8M | 25x | as long as short |
| Aster MUBARAKUSDT | +0.0478% | 4h | 0.04734 | 0.000% | $13K | $480K | 5x | as long as short |
Bybit MUBARAKUSDT
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
MEXC MUBARAK_USDT
Binance MUBARAKUSDT
Kraken Futures PF_MUBARAKUSD
BingX MUBARAK-USDT
Bitget MUBARAKUSDT
Aster MUBARAKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDTlong | +0.1314% | 4h | 0.04734 | long leg | $7.5M | $5.5M | 50x |