Funding you earn now, next payment 04:00 UTC+0.0206%/8h= +22.6% APRnext payment +$1.03 per $10,000 · paid last 24h +0.106%
Price spread now: KuCoin against Gate−0.058%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$441as in the Funding arb table
Net, price: spread back to 7d avg − costs−$407as in the Price arb table
costs, in and out, $10k−$4064.058% of the position
Funding, last 7 days−0.356%−$36 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.058%, 7d avg −0.049%
=The price spread sits at its 7-day average of −0.049%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.356%, 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 T_USDT | 0.005173 | −0.0132 | get 0.0066% / 4h | 2m 00s | $213K | $83K | 20x |
| Short | KuCoin TUSDTM | 0.005170 | 0.0074 | get 0.0037% / 4h | 2m 00s | $1.3M | $84K | 12x |
Gate T_USDT
KuCoin TUSDTMFunding 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
- $43.26
- Price spread: −0.058% → −0.049%
- −$0.89
- Slippage, 4 orders
- −$378.84
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$363.47
- Costs to cover
- 4.058%
- Break-even
- 65.8 days
Slippage from Gate: live order book, 49 min ago; KuCoin: live order book, 3 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, 49 min ago | 6.77 bp | 104.4 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 8.70 bp | 96.2 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
T on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSD | −0.2556% | 1h | 0.005168 | −0.097% | $2K | $2K | 10x | as long as short |
| Variational Omni T | −0.0224% | 4h | 0.005169 | −0.085% | $7K | $6K | — | as long as short |
| Gate T_USDTlong | −0.0132% | 4h | 0.005173 | long leg | $213K | $83K | 20x | |
| Bybit TUSDT | −0.0063% | 4h | 0.005169 | −0.077% | $1.6M | $1.5M | 25x | as long as short |
| Bitget TUSDT | −0.0046% | 4h | 0.005159 | −0.271% | $876K | $512K | 50x | as long as short |
| KuCoin TUSDTMshort | +0.0074% | 4h | 0.005170 | −0.058% | $1.3M | $84K | 12x | |
| Binance TUSDT | +0.0100% | 4h | 0.005168 | −0.098% | $3.3M | $7.3M | 50x | as long as short |
| MEXC T_USDT | +0.0100% | 4h | 0.005168 | −0.097% | $3.1M | $229K | 20x | as long as short |
Kraken Futures PF_TUSD
Variational Omni T
Bybit TUSDT
Bitget TUSDT
Binance TUSDT
MEXC T_USDT