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: KuCoin against Gate+0.064%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$442as in the Funding arb table
Net, price: spread back to 7d avg − costs−$458as in the Price arb table
costs, in and out, $10k−$4614.607% of the position
Funding, last 7 days+0.185%+$18 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.064%, 7d avg +0.040%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.024% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate INTW_USDT | 31.330 | 0 | get 0.0000% / 8h | 7h 26m | $494K | $2.1M | 25x |
| Short | KuCoin INTWUSDTM | 31.350 | 0.0100 | get 0.0100% / 8h | 7h 26m | $57K | $179K | 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 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: +0.064% → +0.040%
- $2.38
- Slippage, 4 orders
- −$433.72
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$437.35
- Costs to cover
- 4.607%
- Break-even
- 152.8 days
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 58 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, 1 min ago | 8.00 bp | 87.4 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 58 min ago | 23.45 bp | 167.6 bp −$168 | doesn't fit | doesn't fit | doesn't fit |
INTW on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget INTWUSDT | −0.0933% | 8h | 31.303 | −0.086% | $297K | $1.6M | 20x | as long as short |
| Binance INTWUSDT | 0.0000% | 8h | 31.306 | −0.078% | $3.0M | $35.6M | 25x | as long as short |
| Bybit INTWUSDT | 0.0000% | 8h | 31.330 | 0.000% | $667K | $1.3M | 25x | as long as short |
| OKX INTW-USDT-SWAP | 0.0000% | 8h | 31.340 | +0.032% | $280K | $2.6M | 25x | as long as short |
| Gate INTW_USDTlong | 0.0000% | 8h | 31.330 | long leg | $494K | $2.1M | 25x | |
| MEXC INTW_USDT | 0.0000% | 8h | 31.330 | 0.000% | $1.3M | $419K | 50x | as long as short |
| HTX INTW-USDT | 0.0000% | 8h | 31.280 | −0.160% | $10K | $8K | 10x | as long as short |
| KuCoin INTWUSDTMshort | +0.0100% | 8h | 31.350 | +0.064% | $57K | $179K | 20x |
Gate INTW_USDT
KuCoin INTWUSDTM
Bitget INTWUSDT
Binance INTWUSDT
Bybit INTWUSDT
OKX INTW-USDT-SWAP
MEXC INTW_USDT
HTX INTW-USDT