Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.024%
Price spread now: KuCoin against Gate+0.032%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1191.186% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 7 days−0.029%−$3 · spread now +0.032%, 7d avg −0.015%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.048% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AAPL_USDT | 338.99 | 0 | get 0.0000% / 8h | 6h 03m | $3.0M | $4.2M | 100x |
| Short | KuCoin AAPLUSDTM | 339.10 | 0.0100 | get 0.0100% / 8h | 6h 03m | $1.4M | $27K | 20x |
Gate AAPL_USDT
KuCoin AAPLUSDTMFunding 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
- $21
- Price spread: +0.032% → −0.015%
- $4.79
- Slippage, 4 orders
- −$91.57
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$92.78
- Costs to cover
- 1.186%
- Break-even
- 37.9 days
Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 2 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, 5 min ago | 0.74 bp | 14.4 bp −$14 | 26.6 bp −$266 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 6.63 bp | 64.0 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
AAPL on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0814% | 4h | 339.24 | +0.073% | $81K | $326K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0133% | 1h | 338.93 | −0.018% | $28K | $67K | 10x | as long as short |
| Nado AAPL-PERP | −0.0088% | 1h | 339.10 | +0.032% | $555K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.14 | +0.045% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.23 | +0.071% | $6.0M | $39.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.16 | +0.050% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDTlong | 0.0000% | 8h | 338.99 | long leg | $3.0M | $4.2M | 100x | |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.22 | +0.068% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.23 | +0.069% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.24 | +0.073% | $17K | $433K | 10x | as long as short |
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAPL-USDT | 0.0000% | 8h | 339.16 | +0.050% | $644 | $4.7M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.31 | +0.094% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.30 | +0.091% | $2.1M | $6K | 10x | as long as short |
| Binance AAPLUSDT | +0.0019% | 8h | 339.22 | +0.067% | $22.3M | $66.9M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0024% | 1h | 339.12 | +0.039% | $288K | $2.0M | 10x | as long as short |
| QFEX AAPL-USD | +0.0028% | 1h | 339.09 | +0.029% | $3.2M | $4.9M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.08 | +0.027% | $799K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.15 | +0.047% | $949K | $3.5M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.10 | +0.032% | $270K | $70K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.07 | +0.024% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.90 | −0.027% | $262K | $396K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.14 | +0.044% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.95 | −0.012% | $1.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0055% | 1h | 339.14 | +0.044% | $40.8M | $75.8M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0056% | 1h | 339.17 | +0.053% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTMshort | +0.0100% | 8h | 339.10 | +0.032% | $1.4M | $27K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.14 | +0.044% | $947K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.09 | +0.029% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.07 | +0.025% | $11K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0136% | 1h | 339.01 | +0.006% | $656K | $666K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.10 | +0.032% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 339.33 | +0.100% | $5K | $11K | 20x | as long as short |
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Binance AAPLUSDT
Extended AAPL_24_5-USD
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
tradeXYZ xyz:AAPL
Hotstuff AAPL-PERP
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL