Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against KuCoin−0.017%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,997as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,998as in the Price arb table
costs, in and out, $10k−$1,99619.957% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.116%−$12 · spread now −0.017%, 7d avg +0.003%
=The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HDUSDTM | 297.45 | 0.0100 | pay 0.0100% / 8h | 7h 38m | $121K | $733K | 20x |
| Short | Gate HD_USDT | 297.40 | 0 | get 0.0000% / 8h | 7h 38m | $128K | $2K | 20x |
KuCoin HDUSDTM
Gate HD_USDTFunding 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 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: −0.017% → +0.003%
- −$1.94
- Slippage, 4 orders
- −$1,968.73
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2,018.68
- Costs to cover
- 19.957%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 56 min ago; Gate: live order book, 52 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, 56 min ago | 42.38 bp | 1115.0 bp −$1,115 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 52 min ago | 16.79 bp | 256.3 bp −$256 | 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 | 297.68 | +0.078% | $3K | $292 | 20x | as long as short |
| Binance HDUSDT | 0.0000% | 8h | 297.71 | +0.087% | $353K | $279K | 20x | as long as short |
| Bybit HDUSDT | 0.0000% | 8h | 297.64 | +0.064% | $58K | $2K | 25x | as long as short |
| Gate HD_USDTshort | 0.0000% | 8h | 297.40 | −0.017% | $128K | $2K | 20x | |
| Variational Omni HD | 0.0000% | 8h | 297.69 | +0.079% | $40K | $47K | — | as long as short |
| GRVT HD_USDT_Perp | 0.0000% | 8h | 297.84 | +0.130% | $602 | $93K | 10x | as long as short |
| SunX HD-USDT | 0.0000% | 8h | 297.41 | −0.013% | $1K | $724K | 10x | as long as short |
| HTX HD-USDT | 0.0000% | 8h | 297.62 | +0.057% | $5K | $14K | 10x | as long as short |
| KuCoin HDUSDTMlong | +0.0100% | 8h | 297.45 | long leg | $121K | $733K | 20x |
Aster HDUSDT
Binance HDUSDT
Bybit HDUSDT
Variational Omni HD
GRVT HD_USDT_Perp
SunX HD-USDT
HTX HD-USDT