Settings8H · net · $10k
Funding arb · Price arb /

BE

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.048%−$5 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BEUSDTM274.360.0100pay 0.0100% / 8h3h 50m$371K$20K20x
ShortGate BE_USDT274.200get 0.0000% / 8h3h 50m$1.5M$3.3M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 22 min ago18.89 bp87.7 bp −$88doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago1.82 bp14.4 bp −$1445.2 bp −$45274.7 bp −$7,473doesn't fit

BE on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BEUSDT0.0000%8h274.32−0.016%$345K$119K20xas long as short
Gate BE_USDTshort0.0000%8h274.20−0.058%$1.5M$3.3M50x
Bitget BEUSDT0.0000%8h274.26−0.036%$1.7M$2.6M20xas long as short
GRVT BE_USDT_Perp0.0000%8h274.87+0.186%$7K$163K10xas long as short
SunX BE-USDT0.0000%8h274.60+0.087%$920$2.4M10xas long as short
HTX BE-USDT0.0000%8h274.92+0.204%$13K$35K20xas long as short
Lighter BE+0.0032%1h274.27−0.033%10xas long as short
Lighter RH BE+0.0032%1h274.38+0.007%$250K$290K10xas long as short
QFEX BE-USD+0.0036%1h274.60+0.087%$1.3M$2.7M10xas long as short
Binance BEUSDT+0.0040%8h274.25−0.040%$8.5M$36.5M25xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BE-USD+0.0040%1h274.18−0.067%$46K$260K10xas long as short
Arcus BE-USD+0.0040%1h274.65+0.106%$115K$109K10xas long as short
Vest BE-USD-PERP+0.0046%1h274.62+0.095%10xas long as short
tradeXYZ xyz:BE+0.0050%1h274.33−0.011%$5.9M$2.6M10xas long as short
Bybit BEUSDT+0.0064%8h274.27−0.033%$2.0M$1.2M25xas long as short
Coinbase International BE-PERP-INTX+0.0064%1h273.08−0.467%$473K$128K10xas long as short
KuCoin BEUSDTMlong+0.0100%8h274.36long leg$371K$20K20x
Aevo BE-PERP+0.0104%1h274.53+0.062%10xas long as short
OKX BE-USDT-SWAP+0.0138%8h274.40+0.015%$2.7M$6.8M25xas long as short
BloFin BE-USDT+0.0159%8h274.72+0.131%$45K$141K20xas long as short
Deribit BE_USDC-PERPETUAL+0.0370%1h274.49+0.047%$7K$4K10xas long as short