Funding you earn now, next payment 08:00 UTC+0.0674%/8h= +73.8% APRnext payment +$3.37 per $10,000 · paid last 24h +0.045%
Price spread now: KuCoin against Gate−0.144%7-day average +0.202% · you buy dearer than you sell
Net, funding: paid 7d − costs−$727as in the Funding arb table
Net, price: spread back to 7d avg − costs−$769as in the Price arb table
costs, in and out, $10k−$7347.340% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)+0.355%+$35 · spread now −0.144%, 7d avg +0.202%
=Funding pays, the price is against you. KuCoin is 0.346% cheaper against Gate than usual: you would sell low and buy high (spread −0.144% now, against its 7-day average of +0.202%). If the spread goes back, that is −$35 on $10k: about 41 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.072% in total) that is about 33 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.072% in total (about 3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.37 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 STO_USDT | 0.04169 | 0.0070 | pay 0.0035% / 4h | 2h 17m | $246K | $124K | 25x |
| Short | KuCoin STOUSDTM | 0.04163 | 0.0744 | get 0.0372% / 4h | 2h 17m | $992K | $18K | 25x |
Gate STO_USDT
KuCoin STOUSDTMFunding 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
- $141.54
- Price spread: −0.144% → +0.202%
- −$34.59
- Slippage, 4 orders
- −$707.05
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$627.1
- Costs to cover
- 7.340%
- Break-even
- 38.0 days
Slippage from Gate: live order book, 24 min ago; KuCoin: live order book, 57 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, 24 min ago | 4.80 bp | 47.5 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 57 min ago | 17.85 bp | 261.6 bp −$262 | doesn't fit | doesn't fit | doesn't fit |
STO 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate STO_USDTlong | +0.0070% | 4h | 0.04169 | long leg | $246K | $124K | 25x | |
| Aster STOUSDT | +0.0100% | 4h | 0.04167 | −0.060% | $26K | $1K | 5x | as long as short |
| Binance STOUSDT | +0.0100% | 4h | 0.04162 | −0.168% | $3.4M | $1.5M | 20x | as long as short |
| MEXC STO_USDT | +0.0100% | 4h | 0.04163 | −0.144% | $770K | $103K | 50x | as long as short |
| Bitget STOUSDT | +0.0100% | 4h | 0.04160 | −0.216% | $319K | $25K | 10x | as long as short |
| Variational Omni STO | +0.0418% | 4h | 0.04159 | −0.245% | $4K | $213 | — | as long as short |
| BingX STO-USDT | +0.0628% | 4h | 0.04167 | −0.048% | — | $6.5M | — | as long as short |
| KuCoin STOUSDTMshort | +0.0744% | 4h | 0.04163 | −0.144% | $992K | $18K | 25x | |
| Bybit STOUSDT | +0.0752% | 4h | 0.04174 | +0.120% | $718K | $285K | 13x | as long as short |
Aster STOUSDT
Binance STOUSDT
MEXC STO_USDT
Bitget STOUSDT
Variational Omni STO
BingX STO-USDT
Bybit STOUSDT