Funding you earn now, next payment 00:00 UTC−0.5495%/8h= −601.7% APRpaid last 24h +7.316%
Price spread now: Gate against KuCoin−4.699%7-day average −3.054% · you buy dearer than you sell
Net, funding: paid 7d − costs+$1,373as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,644as in the Price arb table
costs, in and out, $10k−$1,47914.790% of the position
Funding, last 7 days+28.519%+$2,852 on $10k
+Price spread, last 7 days+6.792%+$679 · spread now −4.699%, 7d avg −3.054%
=Both sides work against this trade now: funding costs −$165 a day on $10k at the current rate, and Gate is 1.645% cheaper against KuCoin than usual: you would sell low and buy high (−$164 if the spread goes back to its 7-day average of −3.054%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +28.519%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ONEUSDTM | 0.004192 | 0.4616 | pay 0.0577% / 1h | 27m 32s | $4.5M | $13.1M | 30x |
| Short | Gate ONE_USDT | 0.003995 | −0.0879 | pay 0.0879% / 8h | 27m 32s | $1.6M | $16.6M | 20x |
Funding 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
- −$1,153.95
- Price spread: −4.699% → −3.054%
- −$164.5
- Slippage, 4 orders
- −$1,452.01
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2,797.46
- Costs to cover
- 14.790%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Gate: 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 KuCoin live order book, 6 min ago | 57.14 bp | 537.3 bp −$537 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.25 bp | 258.1 bp −$258 | 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 | −3.383% | $99K | $54K | — | as long as short |
| Bitget ONEUSDT | −0.3112% | 1h | 0.004047 | −3.459% | $1.7M | $37.7M | 20x | as long as short |
| BloFin ONE-USDT | −0.1806% | 1h | 0.004034 | −3.779% | $768K | $3.0M | 50x | as long as short |
| Aster ONEUSDT | −0.1278% | 1h | 0.004017 | −4.175% | $2.1M | $8.5M | 5x | as long as short |
| Gate ONE_USDTshort | −0.0879% | 8h | 0.003995 | −4.699% | $1.6M | $16.6M | 20x | |
| Binance ONEUSDT | −0.0846% | 1h | 0.004025 | −3.986% | $13.5M | $364.2M | 50x | as long as short |
| MEXC ONE_USDT | −0.0840% | 1h | 0.004012 | −4.301% | $10.1M | $16.9M | 20x | as long as short |
| BingX ONE-USDT | −0.0072% | 1h | 0.004016 | −4.201% | — | $6.6M | — | as long as short |
| KuCoin ONEUSDTMlong | +0.4616% | 1h | 0.004192 | long leg | $4.5M | $13.1M | 30x |
KuCoin ONEUSDTM
Gate ONE_USDT
Variational Omni ONE
Bitget ONEUSDT
BloFin ONE-USDT
Aster ONEUSDT
Binance ONEUSDT
MEXC ONE_USDT
BingX ONE-USDT