Settings8H · net · $10k
Funding arb · Price arb /

ON

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate+0.213%7-day average −0.070% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.290%−$29 · spread now +0.213%, 7d avg −0.070%
Together, before fees−0.301%−$30 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.283% dearer against Gate than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ON_USDT0.13610.0100pay 0.0050% / 4h56m 28s$304K$33K5x
ShortKuCoin ONUSDTM0.13640.0100get 0.0050% / 4h56m 28s$749K$72K50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.213% → −0.070%
$28.27
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$1.27
Costs to cover
0.270%
Break-even
from the start
Slippage unknown: Gate: live order book, 18 min ago; KuCoin: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 18 min ago32.38 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago19.48 bp423.2 bp −$423doesn't fitdoesn't fitdoesn't fit

ON on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ONUSDC+0.0088%4h0.1365+0.336%$8K$133K10xas long as short
Binance ONUSDT+0.0100%4h0.1367+0.463%$5.9M$3.8M50xas long as short
Gate ON_USDTlong+0.0100%4h0.1361long leg$304K$33K5x
MEXC ON_USDT+0.0100%4h0.1366+0.390%$1.1M$405K50xas long as short
KuCoin ONUSDTMshort+0.0100%4h0.1364+0.213%$749K$72K50x
BingX ON-USDT+0.0100%4h0.1366+0.390%$6.6Mas long as short
Variational Omni ON+0.0100%4h0.1364+0.266%$25K$7Kas long as short
Aster ONUSDT+0.0361%4h0.1363+0.169%$443K$32K5xas long as short