Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate−0.165%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,046as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,063as in the Price arb table
costs, in and out, $10k−$1,04610.461% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.183%+$18 · spread now −0.165%, 7d avg +0.007%
=Funding pays, the price is against you. KuCoin is 0.172% cheaper against Gate than usual: you would sell low and buy high (spread −0.165% now, against its 7-day average of +0.007%). If the spread goes back, that is −$17 on $10k: about 5.7 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.004% in total) that is about 11 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HD_USDT | 297.70 | 0 | get 0.0000% / 8h | 2h 51m | $128K | $2K | 20x |
| Short | KuCoin HDUSDTM | 297.21 | 0.0100 | get 0.0100% / 8h | 2h 51m | $119K | $591K | 20x |
Gate HD_USDT
KuCoin HDUSDTMFunding 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: −0.165% → +0.007%
- −$17.17
- Slippage, 4 orders
- −$1,019.12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,042.29
- Costs to cover
- 10.461%
- Break-even
- 354.4 days
Slippage from Gate: live order book, 54 min ago; KuCoin: live order book, 7 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, 54 min ago | 16.80 bp | 30.9 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 44.59 bp | 402.7 bp −$403 | doesn't fit | doesn't fit | doesn't fit |
HD on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HDUSDT | 0.0000% | 8h | 297.74 | +0.013% | $3K | $292 | 20x | as long as short |
| Binance HDUSDT | 0.0000% | 8h | 297.72 | +0.007% | $350K | $318K | 20x | as long as short |
| Bybit HDUSDT | 0.0000% | 8h | 298.16 | +0.155% | $58K | $2K | 25x | as long as short |
| Gate HD_USDTlong | 0.0000% | 8h | 297.70 | long leg | $128K | $2K | 20x | |
| Variational Omni HD | 0.0000% | 8h | 297.67 | −0.011% | $40K | $52K | — | as long as short |
| GRVT HD_USDT_Perp | 0.0000% | 8h | 297.66 | −0.013% | $381 | $95K | 10x | as long as short |
| SunX HD-USDT | 0.0000% | 8h | 297.59 | −0.037% | $1K | $781K | 10x | as long as short |
| HTX HD-USDT | 0.0000% | 8h | 297.17 | −0.178% | $5K | $14K | 10x | as long as short |
| KuCoin HDUSDTMshort | +0.0100% | 8h | 297.21 | −0.165% | $119K | $591K | 20x |
Aster HDUSDT
Binance HDUSDT
Bybit HDUSDT
Variational Omni HD
GRVT HD_USDT_Perp
SunX HD-USDT
HTX HD-USDT