Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.071%
Price spread now: KuCoin against Gate+0.182%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$983as in the Funding arb table
Net, price: spread back to 7d avg − costs−$934as in the Price arb table
costs, in and out, $10k−$9509.496% of the position
Funding, last 7 days−0.333%−$33 on $10k
+Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.182%, 7d avg +0.029%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.153% dearer against Gate than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.029%. Mind the row above: over the last 7 days funding on this pair cost −0.333%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BSP_USDT | 38.450 | 0 | get 0.0000% / 8h | 2h 50m | $251K | $259K | 25x |
| Short | KuCoin BSPUSDTM | 38.520 | 0.0100 | get 0.0100% / 8h | 2h 50m | $48K | $155K | 20x |
Gate BSP_USDT
KuCoin BSPUSDTMFunding 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: +0.182% → +0.029%
- $15.32
- Slippage, 4 orders
- −$922.62
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$913.3
- Costs to cover
- 9.496%
- Break-even
- 311.4 days
Slippage from Gate: live order book, 56 min ago; KuCoin: live order book, 5 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, 56 min ago | 5.20 bp | 70.2 bp −$70 | 74.5 bp −$745 | 94.9 bp −$9,487 | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 12.98 bp | 623.3 bp −$623 | doesn't fit | doesn't fit | doesn't fit |
BSP on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BSPUSDT | 0.0000% | 8h | 38.450 | 0.000% | $479K | $690K | 10x | as long as short |
| Bybit BSPUSDT | 0.0000% | 8h | 38.510 | +0.156% | $379K | $81K | 25x | as long as short |
| OKX BSP-USDT-SWAP | 0.0000% | 8h | 38.480 | +0.078% | $154K | $159K | 10x | as long as short |
| Gate BSP_USDTlong | 0.0000% | 8h | 38.450 | long leg | $251K | $259K | 25x | |
| Bitget BSPUSDT | 0.0000% | 8h | 38.481 | +0.081% | $100K | $64K | 20x | as long as short |
| KuCoin BSPUSDTMshort | +0.0100% | 8h | 38.520 | +0.182% | $48K | $155K | 20x | |
| HTX BSP-USDT | +0.0100% | 8h | 38.450 | 0.000% | $6K | $41K | 10x | as long as short |
Binance BSPUSDT
Bybit BSPUSDT
OKX BSP-USDT-SWAP
Bitget BSPUSDT
HTX BSP-USDT