Settings8H · net · $10k
Funding arb · Price arb /

THE

all THE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0170%/8h= −18.6% APRnext payment $0.85 per $10,000 · paid last 24h +0.001%
Price spread now: Gate against KuCoin+0.037%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Gate is 0.037% dearer against KuCoin than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 17 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin THEUSDTM0.080970.0288pay 0.0144% / 4h3h 40m$129K$75K10x
ShortGate THE_USDT0.081000.0118get 0.0059% / 4h3h 40m$67K$68K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$35.7
Price spread: +0.037% → 0.000%
$3.71
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$58.99
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 3 min ago; Gate: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago14.16 bp914.1 bp −$914doesn't fitdoesn't fitdoesn't fit
Sell Gate no order-book sample
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

THE on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX THE-USDT+0.0070%4h0.08093−0.049%$6.5Mas long as short
Bitget THEUSDT+0.0100%4h0.08089−0.099%$403K$318K10xas long as short
Gate THE_USDTshort+0.0118%4h0.08100+0.037%$67K$68K10x
Aster THEUSDT+0.0268%4h0.08103+0.073%$5K$7K5xas long as short
KuCoin THEUSDTMlong+0.0288%4h0.08097long leg$129K$75K10x
BloFin THE-USDT+0.0349%4h0.08112+0.185%$131K$4K50xas long as short
Binance THEUSDT+0.0394%4h0.08083−0.168%$2.0M$3.7M10xas long as short
MEXC THE_USDT+0.0402%4h0.08086−0.136%$185K$135K50xas long as short
Bybit THEUSDT+0.0427%4h0.08083−0.173%$554K$332K20xas long as short