Funding you earn now, next payment 00:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.31 per $10,000 · paid last 24h +0.024%
Price spread now: KuCoin against Gate−0.080%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,604as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,580as in the Price arb table
costs, in and out, $10k−$1,57115.710% of the position
Funding, last 7 days−0.330%−$33 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.080%, 7d avg +0.008%
=Funding pays, the price is against you. KuCoin is 0.088% cheaper against Gate than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of +0.008%). If the spread goes back, that is −$9 on $10k: about 4.7 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.330%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPACE_USDT | 0.004978 | 0.0120 | pay 0.0060% / 4h | 2h 49m | $750K | $433K | 20x |
| Short | KuCoin SPACEUSDTM | 0.004974 | 0.0182 | get 0.0091% / 4h | 2h 49m | $629K | $103K | 20x |
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
- $13.02
- Price spread: −0.080% → +0.008%
- −$8.8
- Slippage, 4 orders
- −$1,544.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,566.81
- Costs to cover
- 15.710%
- Break-even
- 849.4 days
Slippage from Gate: live order book, 37 min ago; KuCoin: live order book, 34 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, 37 min ago | 11.02 bp | 117.5 bp −$118 | 5288.2 bp −$52.9K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 34 min ago | 14.98 bp | 410.4 bp −$410 | doesn't fit | doesn't fit | doesn't fit |
SPACE 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SPACEUSDT | +0.0100% | 4h | 0.004988 | +0.201% | $1.8M | $1.9M | 50x | as long as short |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.004978 | 0.000% | $763K | $166K | 13x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.004976 | −0.040% | $1.5M | $1.1M | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.004989 | +0.221% | $328K | $151K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.004984 | +0.121% | $873K | $238K | 20x | as long as short |
| BloFin SPACE-USDT | +0.0109% | 4h | 0.004984 | +0.121% | $156K | $8K | 50x | as long as short |
| Gate SPACE_USDTlong | +0.0120% | 4h | 0.004978 | long leg | $750K | $433K | 20x | |
| KuCoin SPACEUSDTMshort | +0.0182% | 4h | 0.004974 | −0.080% | $629K | $103K | 20x | |
| Aster SPACEUSDT | +0.0833% | 4h | 0.004978 | −0.006% | $15K | $30K | 5x | as long as short |
Gate SPACE_USDT
KuCoin SPACEUSDTM
Binance SPACEUSDT
Bybit SPACEUSDT
OKX SPACE-USDT-SWAP
MEXC SPACE_USDT
Bitget SPACEUSDT
BloFin SPACE-USDT
Aster SPACEUSDT