Funding you earn now, next payment 00:00 UTC+0.0246%/8h= +26.9% APRnext payment +$1.23 per $10,000 · paid last 24h +0.105%
Price spread now: KuCoin against Gate+0.623%7-day average +0.323% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,662as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,648as in the Price arb table
costs, in and out, $10k−$1,67816.776% of the position
Funding, last 7 days+0.161%+$16 on $10k
+Price spread, last 4 days (all we have)−0.480%−$48 · spread now +0.623%, 7d avg +0.323%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.301% dearer against Gate than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.323%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.161% in total (about 8.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XDC_USDT | 0.03048 | 0.0100 | pay 0.0050% / 4h | 1h 21m | $372K | $47K | 20x |
| Short | KuCoin XDCUSDTM | 0.03067 | 0.0346 | get 0.0173% / 4h | 1h 21m | $409K | $1.5M | 10x |
Funding 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
- $51.66
- Price spread: +0.623% → +0.323%
- $30.07
- Slippage, 4 orders
- −$1,650.63
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,595.91
- Costs to cover
- 16.776%
- Break-even
- 223.2 days
Slippage from Gate: live order book, 59 min ago; KuCoin: 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 Gate live order book, 59 min ago | 37.77 bp | 255.6 bp −$256 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 11.44 bp | 392.1 bp −$392 | doesn't fit | doesn't fit | doesn't fit |
XDC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XDC/USDC PERP | +0.0013% | 1h | 0.03048 | 0.000% | — | $113K | 5.5x | as long as short |
| Bybit XDCUSDT | +0.0100% | 4h | 0.03054 | +0.197% | $2.9M | $1.3M | 20x | as long as short |
| Gate XDC_USDTlong | +0.0100% | 4h | 0.03048 | long leg | $372K | $47K | 20x | |
| MEXC XDC_USDT | +0.0100% | 4h | 0.03052 | +0.131% | $2.7M | $686K | 100x | as long as short |
| Variational Omni XDC | +0.0100% | 4h | 0.03046 | −0.062% | $30K | $95 | — | as long as short |
| BloFin XDC-USDT | +0.0159% | 4h | 0.03049 | +0.033% | — | $30K | 20x | as long as short |
| KuCoin XDCUSDTMshort | +0.0346% | 4h | 0.03067 | +0.623% | $409K | $1.5M | 10x |
Gate XDC_USDT
KuCoin XDCUSDTM
Injective XDC/USDC PERP
Bybit XDCUSDT
MEXC XDC_USDT
Variational Omni XDC
BloFin XDC-USDT