Funding you earn now, next payment 04:00 UTC+0.0492%/8h= +53.9% APRnext payment +$2.46 per $10,000 · paid last 24h −0.005%
Price spread now: Gate against KuCoin+0.087%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,621as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,597as in the Price arb table
costs, in and out, $10k−$1,59515.954% of the position
Funding, last 7 days−0.255%−$25 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.087%, 7d avg +0.101%
=The price spread sits at its 7-day average of +0.101%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.255%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.255% in total (about -13.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.46 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 | KuCoin PROSUSDTM | 0.5765 | −0.0392 | get 0.0196% / 4h | 27m 39s | $1.0M | $602K | 20x |
| Short | Gate PROS_USDT | 0.5770 | 0.0100 | get 0.0050% / 4h | 27m 39s | $363K | $140K | 20x |
KuCoin PROSUSDTM
Gate PROS_USDTFunding 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
- $103.32
- Price spread: +0.087% → +0.101%
- −$1.41
- Slippage, 4 orders
- −$1,568.43
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,493.51
- Costs to cover
- 15.954%
- Break-even
- 108.2 days
Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 28 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, 2 min ago | 11.28 bp | 569.2 bp −$569 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 28 min ago | 13.02 bp | 115.2 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
PROS on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PROSUSDTMlong | −0.0392% | 4h | 0.5765 | long leg | $1.0M | $602K | 20x | |
| OKX PROS-USDT-SWAP | +0.0100% | 4h | 0.5763 | −0.035% | $886K | $1.5M | 20x | as long as short |
| Gate PROS_USDTshort | +0.0100% | 4h | 0.5770 | +0.087% | $363K | $140K | 20x | |
| Bitget PROSUSDT | +0.0100% | 4h | 0.5774 | +0.156% | $1.2M | $457K | 20x | as long as short |
| Aster PROSUSDT | +0.0771% | 4h | 0.5775 | +0.181% | $30K | $15K | 5x | as long as short |
OKX PROS-USDT-SWAP
Bitget PROSUSDT
Aster PROSUSDT