Funding you earn now, next payment 04:00 UTC−0.0356%/8h= −39.0% APRnext payment −$1.78 per $10,000 · paid last 24h −0.084%
Price spread now: KuCoin against Gate−0.271%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.152%−$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and KuCoin is 0.271% cheaper against Gate than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.152% in total (about -7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.78 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PROMPT_USDT | 0.02217 | 0.0456 | pay 0.0228% / 4h | 45m 06s | $551K | $61K | 20x |
| Short | KuCoin PROMPTUSDTM | 0.02211 | 0.0100 | get 0.0050% / 4h | 45m 06s | $79K | $70K | 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
- −$74.76
- Price spread: −0.271% → 0.000%
- −$27.06
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$128.82
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 11 min ago; KuCoin: 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 Gate live order book, 11 min ago | 13.60 bp | 99.8 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin no order-book sample | — | — | — | — | — |
KuCoin: 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.
PROMPT 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PROMPTUSDT | +0.0100% | 4h | 0.02213 | −0.191% | $3K | $150 | 5x | as long as short |
| Binance PROMPTUSDT | +0.0100% | 4h | 0.02217 | +0.019% | $1.2M | $1.4M | 40x | as long as short |
| Bybit PROMPTUSDT | +0.0100% | 4h | 0.02218 | +0.045% | $333K | $157K | 5x | as long as short |
| MEXC PROMPT_USDT | +0.0100% | 4h | 0.02216 | −0.045% | $115K | $97K | 20x | as long as short |
| KuCoin PROMPTUSDTMshort | +0.0100% | 4h | 0.02211 | −0.271% | $79K | $70K | 30x | |
| BingX PROMPT-USDT | +0.0100% | 4h | 0.02216 | −0.045% | — | $6.5M | — | as long as short |
| Variational Omni PROMPT | +0.0100% | 4h | 0.02219 | +0.072% | $3K | $4K | — | as long as short |
| Gate PROMPT_USDTlong | +0.0456% | 4h | 0.02217 | long leg | $551K | $61K | 20x | |
| Kraken Futures PF_PROMPTUSD | +3.9439% | 1h | 0.02224 | +0.311% | $2K | $2K | 10x | as long as short |
Gate PROMPT_USDT
KuCoin PROMPTUSDTM
Aster PROMPTUSDT
Binance PROMPTUSDT
Bybit PROMPTUSDT
MEXC PROMPT_USDT
BingX PROMPT-USDT
Variational Omni PROMPT
Kraken Futures PF_PROMPTUSD