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

ONE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.5495%/8h= +601.7% APRpaid last 24h −7.316%
Price spread now: KuCoin against Gate+5.251%7-day average +3.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3,973as in the Funding arb table
Net, price: spread back to 7d avg − costs−$902as in the Price arb table
costs, in and out, $10k−$1,12111.212% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−28.519%−$2,852 on $10k
Price spread, last 7 days−7.343%−$734 · spread now +5.251%, 7d avg +3.054%
Together, before fees−35.863%−$3,586 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$165 a day on $10k at the current rate, and KuCoin is 2.197% dearer against Gate than usual: you sell high and buy low: +$220 more if the spread goes back to its 7-day average of +3.054%. Mind the row above: over the last 7 days funding on this pair cost −28.519%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ONE_USDT0.003999−0.0879get 0.0879% / 8h27m 20s$1.6M$16.6M20x
ShortKuCoin ONEUSDTM0.0042090.4616get 0.0577% / 1h27m 20s$4.5M$13.1M30x

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
$1,153.95
Price spread: +5.251% → +3.054%
$219.68
Slippage, 4 orders
−$1,094.22
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$252.41
Costs to cover
11.212%
Break-even
5.5 days
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 1 min ago.

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, 1 min ago1.25 bp261.2 bp −$261doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago5.91 bp373.5 bp −$374doesn't fitdoesn't fitdoesn't fit

ONE on 9 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
Variational Omni ONE−0.5707%1h0.004050+1.280%$99K$54Kas long as short
Bitget ONEUSDT−0.3112%1h0.003994−0.128%$1.7M$37.7M20xas long as short
BloFin ONE-USDT−0.1806%1h0.004034+0.865%$768K$3.0M50xas long as short
Aster ONEUSDT−0.1278%1h0.004014+0.384%$2.1M$8.5M5xas long as short
Gate ONE_USDTlong−0.0879%8h0.003999long leg$1.6M$16.6M20x
Binance ONEUSDT−0.0846%1h0.004011+0.292%$13.5M$364.2M50xas long as short
MEXC ONE_USDT−0.0840%1h0.004030+0.765%$10.1M$16.9M20xas long as short
BingX ONE-USDT−0.0072%1h0.004015+0.410%$6.6Mas long as short
KuCoin ONEUSDTMshort+0.4616%1h0.004209+5.251%$4.5M$13.1M30x