Funding you earn now, next payment 08:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.31 per $10,000 · paid last 24h −0.124%
Price spread now: KuCoin against Gate−0.145%7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,369as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,336as in the Price arb table
costs, in and out, $10k−$2,31523.154% of the position
Funding, last 7 days−0.541%−$54 on $10k
+Price spread, last 4 days (all we have)+0.178%+$18 · spread now −0.145%, 7d avg +0.060%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.205% cheaper against Gate than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TSTBSC_USDT | 0.01719 | 0.0162 | pay 0.0081% / 4h | 2h 15m | $125K | $402K | 25x |
| Short | KuCoin TSTBSCUSDTM | 0.01717 | 0.0100 | get 0.0050% / 4h | 2h 15m | $491K | $169K | 20x |
Gate TSTBSC_USDT
KuCoin TSTBSCUSDTMFunding 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: −0.145% → +0.060%
- −$20.53
- Slippage, 4 orders
- −$2,288.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,348.94
- Costs to cover
- 23.154%
- Break-even
- never at this rate
Slippage from Gate: live order book, 26 min ago; KuCoin: live order book, 43 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, 26 min ago | 13.53 bp | 673.9 bp −$674 | 42605.4 bp −$426.1K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 43 min ago | 14.19 bp | 447.7 bp −$448 | doesn't fit | doesn't fit | doesn't fit |
TSTBSC on 2 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TSTBSCUSDTMshort | +0.0100% | 4h | 0.01717 | −0.145% | $491K | $169K | 20x | |
| Gate TSTBSC_USDTlong | +0.0162% | 4h | 0.01719 | long leg | $125K | $402K | 25x |