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

PROMPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0196%/8h= −21.5% APRnext payment $0.98 per $10,000 · paid last 24h +0.125%
Price spread now: Gate against KuCoin−0.187%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.162%+$16 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.187% cheaper against KuCoin than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.162%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PROMPTUSDTM0.021350.0810pay 0.0405% / 4h3h 59m$81K$69K30x
ShortGate PROMPT_USDT0.021310.0614get 0.0307% / 4h3h 59m$521K$59K20x

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

Funding earned
−$41.16
Price spread: −0.187% → 0.000%
−$18.74
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$86.9
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: KuCoin: no order-book sample; Gate: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin no order-book sample
Sell Gate live order book, 11 min ago16.47 bp131.3 bp −$131doesn't fitdoesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PROMPTUSDT+0.0100%4h0.02130−0.251%$3K$1505xas long as short
Binance PROMPTUSDT+0.0100%4h0.02129−0.298%$1.1M$1.1M40xas long as short
MEXC PROMPT_USDT+0.0100%4h0.02130−0.234%$97K$91K20xas long as short
BingX PROMPT-USDT+0.0162%4h0.02129−0.281%$6.5Mas long as short
Variational Omni PROMPT+0.0181%4h0.02130−0.224%$4K$2Kas long as short
Bybit PROMPTUSDT+0.0239%4h0.02130−0.234%$319K$134K5xas long as short
Gate PROMPT_USDTshort+0.0614%4h0.02131−0.187%$521K$59K20x
KuCoin PROMPTUSDTMlong+0.0810%4h0.02135long leg$81K$69K30x
Kraken Futures PF_PROMPTUSD+3.9309%1h0.02141+0.290%$2K$3K10xas long as short