BOT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0949%/8h= +103.9% APRnext payment +$9.49 per $10,000 · paid last 24h +0.186%

Price spread now: Gate against KuCoin0.000%7-day average +0.117% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,224as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,199as in the Price arb table

costs, in and out, $10k−$1,18711.868% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.368%−$37 on $10k

Price spread, last 4 days (all we have)+0.083%+$8 · spread now 0.000%, 7d avg +0.117%

Together, before fees−0.285%−$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.117% cheaper against KuCoin than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.117%). If the spread goes back, that is −$12 on $10k: about 10 hours of funding at the current rate (+$28 a day). Mind the row above: over the last 7 days funding on this pair cost −0.368%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.368% in total (about -19.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.49 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	KuCoin BOTUSDTM	29.360	−0.0949	get 0.0949% / 8h	3h 00m	$95K	$305K	20x
Short	Gate BOT_USDT	29.360	0	get 0.0000% / 8h	3h 00m	$254K	$236K	20x

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

Position, each leg$Hold fordaysFee KuCoinbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $199.29
Price spread: 0.000% → +0.117%: −$11.73
Slippage, 4 orders: −$1,159.78
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$999.23
Costs to cover: 11.868%
Break-even: 42.1 days

Slippage from KuCoin: live order book, 71 min ago; Gate: live order book, 46 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, 71 min ago	20.35 bp	406.3 bp −$406	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 46 min ago	37.34 bp	161.3 bp −$161	doesn't fit	doesn't fit	doesn't fit

BOT on 12 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
tradeXYZ xyz:BOT	−0.1527%	1h	29.326	−0.116%	$3.1M	$771K	10x	as long as short
OKX BOT-USDT-SWAP	−0.1074%	8h	29.330	−0.102%	$234K	$211K	20x	as long as short
KuCoin BOTUSDTMlong	−0.0949%	8h	29.360	long leg	$95K	$305K	20x
Binance BOTUSDT	−0.0704%	8h	29.370	+0.034%	$452K	$1.2M	10x	as long as short
Variational Omni BOT	−0.0625%	8h	29.350	−0.035%	$31K	$14K	—	as long as short
QFEX BOT-USD	−0.0080%	1h	29.370	+0.034%	$1.2M	$507K	10x	as long as short
Bybit BOTUSDT	0.0000%	8h	29.350	−0.034%	$517K	$559K	25x	as long as short
Gate BOT_USDTshort	0.0000%	8h	29.360	0.000%	$254K	$236K	20x
Bitget BOTUSDT	0.0000%	8h	29.410	+0.170%	$246K	$121K	5x	as long as short
Lighter BOT	+0.0032%	1h	29.516	+0.531%	$68K	$1K	3x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus BOT-USD	+0.0040%	1h	29.300	−0.204%	$3K	$9K	5x	as long as short
HTX BOT-USDT	+0.0100%	8h	29.379	+0.065%	$3K	$34K	10x	as long as short