Funding you earn now, next payment 08:00 UTC+0.0283%/8h= +31.0% APRnext payment +$2.83 per $10,000 · paid last 24h −0.011%
Price spread now: KuCoin against Gate+0.044%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$328as in the Price arb table
costs, in and out, $10k−$3283.284% of the position
Funding, last 7 days+0.125%+$13 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.044%, 7d avg +0.042%
=The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.125% in total (about 6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.83 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 BE_USDT | 270.70 | −0.0183 | get 0.0183% / 8h | 1h 31m | $1.4M | $3.4M | 50x |
| Short | KuCoin BEUSDTM | 270.82 | 0.0100 | get 0.0100% / 8h | 1h 31m | $366K | $18K | 20x |
Gate BE_USDT
KuCoin BEUSDTMFunding 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
- $59.43
- Price spread: +0.044% → +0.042%
- $0.25
- Slippage, 4 orders
- −$301.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$268.74
- Costs to cover
- 3.284%
- Break-even
- 38.7 days
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 11 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, 1 min ago | 3.69 bp | 14.7 bp −$15 | 37.1 bp −$371 | 77.4 bp −$7,737 | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 13.29 bp | 141.6 bp −$142 | doesn't fit | doesn't fit | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BE_USDTlong | −0.0183% | 8h | 270.70 | long leg | $1.4M | $3.4M | 50x | |
| Bitget BEUSDT | −0.0150% | 8h | 270.80 | +0.037% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 270.77 | +0.026% | $341K | $123K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 270.83 | +0.046% | $46K | $255K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 270.87 | +0.062% | $8.2M | $37.1M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 270.80 | +0.037% | $2.6M | $6.9M | 25x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 270.90 | +0.074% | $7K | $156K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 270.81 | +0.041% | $923 | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 270.57 | −0.048% | $12K | $35K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 270.63 | −0.026% | — | — | 10x | as long as short |
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
OKX BE-USDT-SWAP
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter BEShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 270.71 | +0.004% | $241K | $298K | 10x | as long as short |
| Bybit BEUSDT | +0.0038% | 8h | 270.85 | +0.055% | $2.0M | $1.1M | 25x | as long as short |
| QFEX BE-USD | +0.0040% | 1h | 270.84 | +0.052% | $1.3M | $2.4M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 270.59 | −0.041% | $113K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 270.73 | +0.011% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 270.79 | +0.033% | $5.9M | $2.8M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0056% | 1h | 270.59 | −0.041% | $473K | $130K | 10x | as long as short |
| KuCoin BEUSDTMshort | +0.0100% | 8h | 270.82 | +0.044% | $366K | $18K | 20x | |
| Aevo BE-PERP | +0.0104% | 1h | 270.76 | +0.022% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 271.02 | +0.118% | $45K | $146K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0193% | 1h | 270.74 | +0.015% | $6K | $4K | 10x | as long as short |
Lighter RH BE
Bybit BEUSDT
QFEX BE-USD
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
Aevo BE-PERP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL