BX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.138%

Price spread now: KuCoin against Gate−0.134%7-day average −0.071% · you buy dearer than you sell

Net, funding: paid 7d − costs−$643as in the Funding arb table

Net, price: spread back to 7d avg − costs−$664as in the Price arb table

costs, in and out, $10k−$6586.581% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.151%+$15 on $10k

Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.134%, 7d avg −0.071%

Together, before fees+0.339%+$34 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.063% cheaper against Gate than usual: you would sell low and buy high (spread −0.134% now, against its 7-day average of −0.071%). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BX_USDT	126.78	0	get 0.0000% / 8h	4h 08m	$421K	$23K	20x
Short	KuCoin BXUSDTM	126.61	0.0100	get 0.0100% / 8h	4h 08m	$111K	$870K	20x

Funding 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 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 GatebpFee KuCoinbpOrdersPrice spread, now −0.134%Rate

Funding earned: $21
Price spread: −0.134% → −0.071%: −$6.32
Slippage, 4 orders: −$631.1
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$643.42
Costs to cover: 6.581%
Break-even: 221.5 days

Slippage from Gate: live order book, 30 min ago; KuCoin: live order book, 18 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, 30 min ago	13.04 bp	24.4 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 18 min ago	11.45 bp	252.6 bp −$253	doesn't fit	doesn't fit	doesn't fit

BX on 14 exchanges

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:BX	−0.0354%	1h	126.57	−0.166%	$642K	$290K	10x	as long as short
Aster BXUSDT	0.0000%	8h	126.61	−0.137%	$5K	$868	20x	as long as short
Binance BXUSDT	0.0000%	8h	126.67	−0.086%	$765K	$534K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.78	0.000%	$473K	$812K	25x	as long as short
OKX BX-USDT-SWAP	0.0000%	8h	126.83	+0.039%	$156K	$125K	10x	as long as short
QFEX BX-USD	0.0000%	1h	125.54	−0.978%	$1.1M	$916K	10x	as long as short
Gate BX_USDTlong	0.0000%	8h	126.78	long leg	$421K	$23K	20x
Bitget BXUSDT	0.0000%	8h	126.77	−0.008%	$901K	$24K	20x	as long as short
Variational Omni BX	0.0000%	8h	126.67	−0.087%	$43K	$13K	—	as long as short
SunX BX-USDT	0.0000%	8h	126.69	−0.071%	$564	$282K	10x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BX-USDT	0.0000%	8h	126.76	−0.016%	$7K	$3K	20x	as long as short
Injective BX/USDC PERP	+0.0033%	1h	139.59	+10.104%	$4K	$31K	12x	as long as short
KuCoin BXUSDTMshort	+0.0100%	8h	126.61	−0.134%	$111K	$870K	20x
GRVT BX_USDT_Perp	+0.0215%	8h	126.72	−0.047%	$425	$114K	10x	as long as short