Funding arb · Price arb /

ORDER

all ORDER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%

Price spread now: Gate against KuCoin0.000%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.142%−$14 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ORDERUSDTM	0.04083	0.0100	pay 0.0050% / 4h	2h 06m	$229K	$92K	30x
Short	Gate ORDER_USDT	0.04083	0.0100	get 0.0050% / 4h	2h 06m	$77K	$69K	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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$27
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 29 min ago; Gate: no order-book sample. Net counts fees only.

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, 29 min ago	28.83 bp	324.7 bp −$325	doesn't fit	doesn't fit	doesn't fit
Sell Gate no order-book sample	—	—	—	—	—

Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ORDER on 10 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
Binance ORDERUSDT	+0.0100%	4h	0.04095	+0.284%	$1.4M	$1.8M	50x	as long as short
Bybit ORDERUSDT	+0.0100%	8h	0.04083	0.000%	$1.3M	$716K	20x	as long as short
OKX ORDER-USDT-SWAP	+0.0100%	4h	0.04091	+0.196%	$167K	$320K	20x	as long as short
Gate ORDER_USDTshort	+0.0100%	4h	0.04083	0.000%	$77K	$69K	20x
MEXC ORDER_USDT	+0.0100%	4h	0.04094	+0.269%	$277K	$101K	20x	as long as short
KuCoin ORDERUSDTMlong	+0.0100%	4h	0.04083	long leg	$229K	$92K	30x
Bitget ORDERUSDT	+0.0100%	4h	0.04087	+0.098%	$489K	$236K	20x	as long as short
BingX ORDER-USDT	+0.0100%	4h	0.04088	+0.122%	—	$1.3M	—	as long as short
Variational Omni ORDER	+0.0100%	8h	0.04067	−0.385%	$10K	$2K	—	as long as short
Orderly PERP_ORDER_USDC	+0.0749%	4h	0.04090	+0.171%	$193K	$200K	10x	as long as short