Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.020%
Price spread now: Gate against KuCoin+0.012%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,237as in the Price arb table
costs, in and out, $10k−$1,24112.415% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 7 days−0.212%−$21 · spread now +0.012%, 7d avg −0.028%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.041% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin USUSDTM | 0.01647 | 0.0080 | pay 0.0040% / 4h | 28m 38s | $4.2M | $280K | 20x |
| Short | Gate US_USDT | 0.01647 | 0.0100 | get 0.0050% / 4h | 28m 38s | $2.1M | $555K | 20x |
KuCoin USUSDTM
Gate US_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
- $4.2
- Price spread: +0.012% → −0.028%
- $4.05
- Slippage, 4 orders
- −$1,214.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,233.22
- Costs to cover
- 12.415%
- Break-even
- 2062.4 days
Slippage from KuCoin: live order book, 4 min ago; Gate: live order book, 4 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 | 17.37 bp | 669.4 bp −$669 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 11.56 bp | 71.7 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
US on 11 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 USUSDTMlong | +0.0080% | 4h | 0.01647 | long leg | $4.2M | $280K | 20x | |
| Bybit USUSDT | +0.0100% | 4h | 0.01647 | +0.012% | $3.2M | $876K | 20x | as long as short |
| Gate US_USDTshort | +0.0100% | 4h | 0.01647 | +0.012% | $2.1M | $555K | 20x | |
| Variational Omni US | +0.0100% | 4h | 0.01650 | +0.183% | $16K | $3K | — | as long as short |
| Bitget USUSDT | +0.0698% | 4h | 0.01648 | +0.103% | $4.3M | $256K | 10x | as long as short |
| Aster USUSDT | +0.0912% | 4h | 0.01648 | +0.080% | $12K | $55K | 5x | as long as short |
| BingX US-USDT | +0.0970% | 4h | 0.01646 | −0.030% | — | $1.3M | — | as long as short |
| BloFin US-USDT | +0.1015% | 4h | 0.01648 | +0.097% | $478K | $49K | 10x | as long as short |
| Binance USUSDT | +0.1017% | 4h | 0.01647 | −0.014% | $9.2M | $3.2M | 10x | as long as short |
| MEXC US_USDT | +0.1028% | 4h | 0.01647 | +0.018% | $5.5M | $115K | 100x | as long as short |
Bybit USUSDT
Variational Omni US
Bitget USUSDT
Aster USUSDT
BingX US-USDT
BloFin US-USDT
Binance USUSDT
MEXC US_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended US-USD | +0.1032% | 1h | 0.01646 | −0.033% | $4K | $141K | 5x | as long as short |
Extended US-USD