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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ONE_USDT | 0.003999 | −0.0879 | get 0.0879% / 8h | 27m 20s | $1.6M | $16.6M | 20x |
| Short | KuCoin ONEUSDTM | 0.004209 | 0.4616 | get 0.0577% / 1h | 27m 20s | $4.5M | $13.1M | 30x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 1 min ago | 1.25 bp | 261.2 bp −$261 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 5.91 bp | 373.5 bp −$374 | doesn't fit | doesn't fit | doesn't fit |
ONE on 9 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 ONE | −0.5707% | 1h | 0.004050 | +1.280% | $99K | $54K | — | as long as short |
| Bitget ONEUSDT | −0.3112% | 1h | 0.003994 | −0.128% | $1.7M | $37.7M | 20x | as long as short |
| BloFin ONE-USDT | −0.1806% | 1h | 0.004034 | +0.865% | $768K | $3.0M | 50x | as long as short |
| Aster ONEUSDT | −0.1278% | 1h | 0.004014 | +0.384% | $2.1M | $8.5M | 5x | as long as short |
| Gate ONE_USDTlong | −0.0879% | 8h | 0.003999 | long leg | $1.6M | $16.6M | 20x | |
| Binance ONEUSDT | −0.0846% | 1h | 0.004011 | +0.292% | $13.5M | $364.2M | 50x | as long as short |
| MEXC ONE_USDT | −0.0840% | 1h | 0.004030 | +0.765% | $10.1M | $16.9M | 20x | as long as short |
| BingX ONE-USDT | −0.0072% | 1h | 0.004015 | +0.410% | — | $6.6M | — | as long as short |
| KuCoin ONEUSDTMshort | +0.4616% | 1h | 0.004209 | +5.251% | $4.5M | $13.1M | 30x |
Gate ONE_USDT
KuCoin ONEUSDTM
Variational Omni ONE
Bitget ONEUSDT
BloFin ONE-USDT
Aster ONEUSDT
Binance ONEUSDT
MEXC ONE_USDT
BingX ONE-USDT