Funding you earn now, next payment 12:00 UTC+0.0698%/8h= +76.4% APRnext payment +$3.49 per $10,000 · paid last 24h −0.060%
Price spread now: KuCoin against Gate+0.369%7-day average +0.333% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,142as in the Price arb table
costs, in and out, $10k−$1,14611.457% of the position
Funding, last 7 days+0.263%+$26 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.369%, 7d avg +0.333%
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and KuCoin is 0.035% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.333%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.263% in total (about 13.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.49 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 SIREN_USDT | 0.02441 | 0.0924 | pay 0.0462% / 4h | 3h 52m | $580K | $191K | 10x |
| Short | KuCoin SIRENUSDTM | 0.02450 | 0.1622 | get 0.0811% / 4h | 3h 52m | $1.0M | $427K | 10x |
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
- $146.58
- Price spread: +0.369% → +0.333%
- $3.54
- Slippage, 4 orders
- −$1,118.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$995.59
- Costs to cover
- 11.457%
- Break-even
- 54.5 days
Slippage from Gate: live order book, 44 min ago; KuCoin: live order book, 2 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 Gate live order book, 44 min ago | 8.21 bp | 88.7 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 10.19 bp | 418.8 bp −$419 | doesn't fit | doesn't fit | doesn't fit |
SIREN 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SIRENUSDT | +0.0100% | 4h | 0.02478 | +1.516% | $1.9M | $2.9M | 5x | as long as short |
| SunX SIREN-USDT | +0.0100% | 4h | 0.02448 | +0.287% | $2K | $1.2M | 20x | as long as short |
| Bitget SIRENUSDT | +0.0750% | 4h | 0.02462 | +0.860% | $2.8M | $1.6M | 10x | as long as short |
| Gate SIREN_USDTlong | +0.0924% | 4h | 0.02441 | long leg | $580K | $191K | 10x | |
| Aster SIRENUSDT | +0.1549% | 4h | 0.02445 | +0.155% | $218K | $71K | 5x | as long as short |
| KuCoin SIRENUSDTMshort | +0.1622% | 4h | 0.02450 | +0.369% | $1.0M | $427K | 10x | |
| Binance SIRENUSDT | +0.1697% | 4h | 0.02445 | +0.164% | $8.5M | $3.5M | 10x | as long as short |
| MEXC SIREN_USDT | +0.1714% | 4h | 0.02446 | +0.205% | $702K | $126K | 100x | as long as short |
| BingX SIREN-USDT | +0.1772% | 4h | 0.02449 | +0.328% | — | $2.3M | — | as long as short |
Gate SIREN_USDT
KuCoin SIRENUSDTM
Bybit SIRENUSDT
SunX SIREN-USDT
Bitget SIRENUSDT
Aster SIRENUSDT
Binance SIRENUSDT
MEXC SIREN_USDT
BingX SIREN-USDT