EWZ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0248%/8h= −27.2% APRnext payment −$2.48 per $10,000 · paid last 24h +0.157%

Price spread now: KuCoin against Gate−0.105%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.172%+$17 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.105% cheaper against Gate than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.172%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.172% in total (about 9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.48 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	Gate EWZ_USDT	37.930	0	get 0.0000% / 8h	2h 11m	$61K	$7K	20x
Short	KuCoin EWZUSDTM	37.890	−0.0248	pay 0.0248% / 8h	2h 11m	$24K	$719K	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 −0.105%Rate

Funding earned: −$52.08
Price spread: −0.105% → 0.000%: −$10.55
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$89.63
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: Gate: no order-book sample; KuCoin: live order book, 63 min ago. Net counts fees only.

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 no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 63 min ago	1.32 bp	156.4 bp −$156	doesn't fit	doesn't fit	doesn't fit

Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EWZ on 13 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:EWZ	−0.0448%	1h	37.950	+0.053%	$592K	$81K	20x	as long as short
KuCoin EWZUSDTMshort	−0.0248%	8h	37.890	−0.105%	$24K	$719K	20x
Aster EWZUSDT	0.0000%	8h	37.969	+0.104%	$9K	$50	20x	as long as short
Binance EWZUSDT	0.0000%	8h	37.940	+0.026%	$295K	$227K	20x	as long as short
Bybit EWZUSDT	0.0000%	8h	37.930	0.000%	$327K	$15K	25x	as long as short
OKX EWZ-USDT-SWAP	0.0000%	8h	37.970	+0.105%	$124K	$39K	20x	as long as short
Gate EWZ_USDTlong	0.0000%	8h	37.930	long leg	$61K	$7K	20x
MEXC EWZ_USDT	0.0000%	8h	37.940	+0.026%	$721K	$82K	50x	as long as short
Bitget EWZUSDT	0.0000%	8h	37.954	+0.063%	$77K	$22K	20x	as long as short
Variational Omni EWZ	0.0000%	8h	37.949	+0.049%	$49K	$6K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT EWZ_USDT_Perp	0.0000%	8h	37.944	+0.037%	$3	$135K	10x	as long as short
SunX EWZ-USDT	0.0000%	8h	37.940	+0.026%	$979	$467K	10x	as long as short
HTX EWZ-USDT	0.0000%	8h	37.930	0.000%	$5K	$7K	10x	as long as short