Funding you earn now, next payment 00:00 UTC+0.0318%/8h= +34.8% APRnext payment +$1.59 per $10,000 · paid last 24h +0.116%
Price spread now: Gate against KuCoin−0.117%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,956as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,013as in the Price arb table
costs, in and out, $10k−$2,00820.081% of the position
Funding, last 7 days+0.517%+$52 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.117%, 7d avg −0.063%
=Funding pays, the price is against you. Gate is 0.053% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.063%). If the spread goes back, that is −$5 on $10k: about 13 hours of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TSTBSCUSDTM | 0.01630 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $503K | $113K | 20x |
| Short | Gate TSTBSC_USDT | 0.01628 | 0.0418 | get 0.0209% / 4h | 1h 30m | $104K | $276K | 25x |
KuCoin TSTBSCUSDTM
Gate TSTBSC_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
- $66.78
- Price spread: −0.117% → −0.063%
- −$5.32
- Slippage, 4 orders
- −$1,981.14
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,946.69
- Costs to cover
- 20.081%
- Break-even
- 211.1 days
Slippage from KuCoin: live order book, 41 min ago; Gate: live order book, 46 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, 41 min ago | 15.28 bp | 535.3 bp −$535 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 46 min ago | 15.59 bp | 437.9 bp −$438 | 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 TSTBSCUSDTMlong | +0.0100% | 4h | 0.01630 | long leg | $503K | $113K | 20x | |
| Gate TSTBSC_USDTshort | +0.0418% | 4h | 0.01628 | −0.117% | $104K | $276K | 25x |