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 KuCoin0.000%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$518as in the Funding arb table
Net, price: spread back to 7d avg − costs−$496as in the Price arb table
costs, in and out, $10k−$5004.996% of the position
Funding, last 7 days−0.185%−$18 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now 0.000%, 7d avg −0.040%
=The price spread pays, funding is against you. Gate is 0.040% dearer against KuCoin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.040%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin INTWUSDTM | 32.760 | 0.0100 | pay 0.0100% / 8h | 5h 52m | $60K | $272K | 20x |
| Short | Gate INTW_USDT | 32.760 | 0 | get 0.0000% / 8h | 5h 52m | $498K | $2.1M | 25x |
Funding 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: 0.000% → −0.040%
- $3.96
- Slippage, 4 orders
- −$472.6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$516.64
- Costs to cover
- 4.996%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 50 min ago; Gate: live order book, 4 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, 50 min ago | 17.04 bp | 132.2 bp −$132 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 7.64 bp | 86.3 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
INTW on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget INTWUSDT | −0.0265% | 8h | 32.785 | +0.076% | $317K | $1.6M | 20x | as long as short |
| Binance INTWUSDT | 0.0000% | 8h | 32.818 | +0.177% | $3.3M | $36.9M | 25x | as long as short |
| Bybit INTWUSDT | 0.0000% | 8h | 32.820 | +0.183% | $711K | $1.4M | 25x | as long as short |
| OKX INTW-USDT-SWAP | 0.0000% | 8h | 32.810 | +0.153% | $288K | $2.9M | 25x | as long as short |
| Gate INTW_USDTshort | 0.0000% | 8h | 32.760 | 0.000% | $498K | $2.1M | 25x | |
| MEXC INTW_USDT | 0.0000% | 8h | 32.770 | +0.031% | $1.3M | $417K | 50x | as long as short |
| HTX INTW-USDT | 0.0000% | 8h | 32.840 | +0.244% | $10K | $9K | 10x | as long as short |
| KuCoin INTWUSDTMlong | +0.0100% | 8h | 32.760 | long leg | $60K | $272K | 20x |
KuCoin INTWUSDTM
Gate INTW_USDT
Bitget INTWUSDT
Binance INTWUSDT
Bybit INTWUSDT
OKX INTW-USDT-SWAP
MEXC INTW_USDT
HTX INTW-USDT