Funding you earn now, next payment 08:00 UTC−0.0870%/8h= −95.3% APRnext payment −$4.35 per $10,000 · paid last 24h −0.045%
Price spread now: Gate against KuCoin−0.262%7-day average −0.201% · you buy dearer than you sell
Net, funding: paid 7d − costs−$759as in the Funding arb table
Net, price: spread back to 7d avg − costs−$758as in the Price arb table
costs, in and out, $10k−$7527.520% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.262%, 7d avg −0.201%
=Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Gate is 0.061% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.201%). Swap the legs.
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 −$4.35 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 STOUSDTM | 0.04205 | 0.0970 | pay 0.0485% / 4h | 3h 30m | $1.0M | $18K | 25x |
| Short | Gate STO_USDT | 0.04194 | 0.0100 | get 0.0050% / 4h | 3h 30m | $253K | $115K | 25x |
KuCoin STOUSDTM
Gate STO_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
- −$182.7
- Price spread: −0.262% → −0.201%
- −$6.06
- Slippage, 4 orders
- −$725.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$940.78
- Costs to cover
- 7.520%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Gate: live order book, 16 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, 4 min ago | 16.64 bp | 330.3 bp −$330 | 5999.7 bp −$60.0K | doesn't fit | doesn't fit |
| Sell Gate live order book, 16 min ago | 7.14 bp | 66.1 bp −$66 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster STOUSDT | +0.0100% | 4h | 0.04192 | −0.320% | $26K | $1K | 5x | as long as short |
| Binance STOUSDT | +0.0100% | 4h | 0.04194 | −0.262% | $3.4M | $1.4M | 20x | as long as short |
| Gate STO_USDTshort | +0.0100% | 4h | 0.04194 | −0.262% | $253K | $115K | 25x | |
| MEXC STO_USDT | +0.0100% | 4h | 0.04194 | −0.262% | $777K | $102K | 50x | as long as short |
| Bitget STOUSDT | +0.0100% | 4h | 0.04196 | −0.214% | $322K | $25K | 10x | as long as short |
| Bybit STOUSDT | +0.0310% | 4h | 0.04198 | −0.166% | $722K | $275K | 13x | as long as short |
| Variational Omni STO | +0.0395% | 4h | 0.04203 | −0.041% | $4K | $213 | — | as long as short |
| BingX STO-USDT | +0.0558% | 4h | 0.04194 | −0.262% | — | $6.5M | — | as long as short |
| KuCoin STOUSDTMlong | +0.0970% | 4h | 0.04205 | long leg | $1.0M | $18K | 25x |
Aster STOUSDT
Binance STOUSDT
MEXC STO_USDT
Bitget STOUSDT
Bybit STOUSDT
Variational Omni STO
BingX STO-USDT