Funding you earn now, next payment 12:00 UTC−0.0348%/8h= −38.1% APRnext payment −$1.74 per $10,000 · paid last 24h −0.026%
Price spread now: KuCoin against Gate−0.235%7-day average −0.402% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.235%, 7d avg −0.402%
=The price spread pays, funding is against you. KuCoin is 0.167% dearer against Gate than usual: you sell high and buy low (spread −0.235% now, against its 7-day average of −0.402%): +$17 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 38 hours. At the pace of the last 7 days (−0.040% in total) that is about 29 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.040% in total (about -2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.74 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 XNY_USDT | 0.006380 | 0.0448 | pay 0.0224% / 4h | 3h 54m | $214K | $16K | 10x |
| Short | KuCoin XNYUSDTM | 0.006365 | 0.0100 | get 0.0050% / 4h | 3h 54m | $304K | $16K | 10x |
Gate XNY_USDT
KuCoin XNYUSDTMFunding 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
- −$73.08
- Price spread: −0.235% → −0.402%
- $16.66
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$83.42
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 36 min ago; KuCoin: live order book, 38 min ago. Net counts fees only.
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, 36 min ago | 7.83 bp | 10351.9 bp −$10.4K | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 38 min ago | 43.99 bp | 910.3 bp −$910 | doesn't fit | doesn't fit | doesn't fit |
XNY on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XNYUSDT | +0.0100% | 4h | 0.006359 | −0.329% | $441K | $37K | 5x | as long as short |
| KuCoin XNYUSDTMshort | +0.0100% | 4h | 0.006365 | −0.235% | $304K | $16K | 10x | |
| Variational Omni XNY | +0.0100% | 4h | 0.006359 | −0.322% | $52K | $2K | — | as long as short |
| Gate XNY_USDTlong | +0.0448% | 4h | 0.006380 | long leg | $214K | $16K | 10x | |
| Aster XNYUSDT | +0.2100% | 4h | 0.006351 | −0.453% | $6K | $6K | 5x | as long as short |
| BingX XNY-USDT | +0.2438% | 4h | 0.006360 | −0.313% | — | $1.3M | — | as long as short |
| Binance XNYUSDT | +0.2565% | 4h | 0.006358 | −0.345% | $3.7M | $1.1M | 10x | as long as short |
| MEXC XNY_USDT | +0.2568% | 4h | 0.006362 | −0.282% | $195K | $100K | 100x | as long as short |
| BloFin XNY-USDT | +0.2593% | 4h | 0.006355 | −0.392% | $228K | $6K | 10x | as long as short |
Bybit XNYUSDT
Variational Omni XNY
Aster XNYUSDT
BingX XNY-USDT
Binance XNYUSDT
MEXC XNY_USDT
BloFin XNY-USDT