Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.011%
Price spread now: Gate against KuCoin−0.058%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$292as in the Funding arb table
Net, price: spread back to 7d avg − costs−$281as in the Price arb table
costs, in and out, $10k−$2802.796% of the position
Funding, last 7 days−0.125%−$13 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.058%, 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: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BEUSDTM | 274.36 | 0.0100 | pay 0.0100% / 8h | 3h 50m | $371K | $20K | 20x |
| Short | Gate BE_USDT | 274.20 | 0 | get 0.0000% / 8h | 3h 50m | $1.5M | $3.3M | 50x |
Funding 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
- −$21
- Price spread: −0.058% → −0.042%
- −$1.68
- Slippage, 4 orders
- −$252.6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$302.28
- Costs to cover
- 2.796%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 22 min ago; Gate: 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 KuCoin live order book, 22 min ago | 18.89 bp | 87.7 bp −$88 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.82 bp | 14.4 bp −$14 | 45.2 bp −$452 | 74.7 bp −$7,473 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 274.32 | −0.016% | $345K | $119K | 20x | as long as short |
| Gate BE_USDTshort | 0.0000% | 8h | 274.20 | −0.058% | $1.5M | $3.3M | 50x | |
| Bitget BEUSDT | 0.0000% | 8h | 274.26 | −0.036% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 274.87 | +0.186% | $7K | $163K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.60 | +0.087% | $920 | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.92 | +0.204% | $13K | $35K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.27 | −0.033% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.38 | +0.007% | $250K | $290K | 10x | as long as short |
| QFEX BE-USD | +0.0036% | 1h | 274.60 | +0.087% | $1.3M | $2.7M | 10x | as long as short |
| Binance BEUSDT | +0.0040% | 8h | 274.25 | −0.040% | $8.5M | $36.5M | 25x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BE-USD | +0.0040% | 1h | 274.18 | −0.067% | $46K | $260K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.65 | +0.106% | $115K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.62 | +0.095% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.33 | −0.011% | $5.9M | $2.6M | 10x | as long as short |
| Bybit BEUSDT | +0.0064% | 8h | 274.27 | −0.033% | $2.0M | $1.2M | 25x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 273.08 | −0.467% | $473K | $128K | 10x | as long as short |
| KuCoin BEUSDTMlong | +0.0100% | 8h | 274.36 | long leg | $371K | $20K | 20x | |
| Aevo BE-PERP | +0.0104% | 1h | 274.53 | +0.062% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0138% | 8h | 274.40 | +0.015% | $2.7M | $6.8M | 25x | as long as short |
| BloFin BE-USDT | +0.0159% | 8h | 274.72 | +0.131% | $45K | $141K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0370% | 1h | 274.49 | +0.047% | $7K | $4K | 10x | as long as short |
KuCoin BEUSDTM
Gate BE_USDT
Aster BEUSDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Binance BEUSDT
Extended BE-USD
tradeXYZ xyz:BE
Bybit BEUSDT
Coinbase International BE-PERP-INTX
OKX BE-USDT-SWAP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL