Funding you earn now, next payment 08:00 UTC+0.0238%/8h= +26.1% APRnext payment +$1.19 per $10,000 · paid last 24h +0.018%
Price spread now: Gate against KuCoin+0.120%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$303as in the Funding arb table
Net, price: spread back to 7d avg − costs−$304as in the Price arb table
costs, in and out, $10k−$3093.087% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.120%, 7d avg +0.073%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 0.047% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.073%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.058% in total (about 3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.19 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 | KuCoin NOTUSDTM | 0.0004994 | −0.0138 | get 0.0069% / 4h | 2h 38m | $476K | $137K | 50x |
| Short | Gate NOT_USDT | 0.0005000 | 0.0100 | get 0.0050% / 4h | 2h 38m | $138K | $73K | 50x |
KuCoin NOTUSDTM
Gate NOT_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
- $49.98
- Price spread: +0.120% → +0.073%
- $4.68
- Slippage, 4 orders
- −$281.71
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$254.05
- Costs to cover
- 3.087%
- Break-even
- 42.6 days
Slippage from KuCoin: live order book, 20 min ago; Gate: live order book, 2 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 KuCoin live order book, 20 min ago | 9.00 bp | 109.0 bp −$109 | 699.5 bp −$6,995 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 9.00 bp | 51.3 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
NOT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NOT | −0.0173% | 4h | 0.0005009 | +0.294% | $71K | $38K | — | as long as short |
| KuCoin NOTUSDTMlong | −0.0138% | 4h | 0.0004994 | long leg | $476K | $137K | 50x | |
| Injective NOT/USDC PERP | +0.0033% | 1h | 0.0004874 | −2.403% | $1K | $13K | 5.5x | as long as short |
| Lighter 1000NOT | +0.0096% | 1h | 0.0005010 | +0.312% | $11K | $4K | 3x | as long as short |
| Hyperliquid NOT | +0.0100% | 1h | 0.0005000 | +0.120% | $336K | $69K | 3x | as long as short |
| Aster NOTUSDT | +0.0100% | 4h | 0.0005000 | +0.114% | $14K | $9K | 5x | as long as short |
| Binance NOTUSDT | +0.0100% | 4h | 0.0004999 | +0.104% | $2.1M | $3.1M | 50x | as long as short |
| Bybit NOTUSDT | +0.0100% | 4h | 0.0004997 | +0.060% | $2.1M | $887K | 25x | as long as short |
| OKX NOT-USDT-SWAP | +0.0100% | 4h | 0.0005001 | +0.140% | $636K | $693K | 20x | as long as short |
| Gate NOT_USDTshort | +0.0100% | 4h | 0.0005000 | +0.120% | $138K | $73K | 50x |
Variational Omni NOT
Injective NOT/USDC PERP
Lighter 1000NOT
Hyperliquid NOT
Aster NOTUSDT
Binance NOTUSDT
Bybit NOTUSDT
OKX NOT-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC NOT_USDT | +0.0100% | 4h | 0.0004999 | +0.100% | $1.3M | $447K | 200x | as long as short |
| Bitget NOTUSDT | +0.0100% | 4h | 0.0005005 | +0.220% | $666K | $482K | 50x | as long as short |
| BingX NOT-USDT | +0.0100% | 4h | 0.0004997 | +0.060% | — | $8.5M | — | as long as short |
| Extended kNOT-USD | +0.0104% | 1h | 0.0005000 | +0.121% | $4K | — | 5x | as long as short |
| BloFin NOT-USDT | +0.0112% | 4h | 0.0004999 | +0.100% | $110K | $18K | 50x | as long as short |
| Kraken Futures PF_NOTUSD | +0.1685% | 1h | 0.0005024 | +0.609% | $49K | $9K | 10x | as long as short |
MEXC NOT_USDT
Bitget NOTUSDT
BingX NOT-USDT
Extended kNOT-USD
BloFin NOT-USDT
Kraken Futures PF_NOTUSD