Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.032%
Price spread now: KuCoin against Gate+0.032%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$829as in the Funding arb table
Net, price: spread back to 7d avg − costs−$865as in the Price arb table
costs, in and out, $10k−$8598.587% of the position
Funding, last 7 days+0.297%+$30 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.032%, 7d avg +0.092%
=Funding pays, the price is against you. KuCoin is 0.060% cheaper against Gate than usual: you would sell low and buy high (spread +0.032% now, against its 7-day average of +0.092%). If the spread goes back, that is −$6 on $10k: about 48 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KLAC_USDT | 186.00 | 0 | get 0.0000% / 8h | 4h 19m | $475K | $41K | 20x |
| Short | KuCoin KLACUSDTM | 186.06 | 0.0100 | get 0.0100% / 8h | 4h 19m | $206K | $970K | 20x |
Gate KLAC_USDT
KuCoin KLACUSDTMFunding 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: +0.032% → +0.092%
- −$5.97
- Slippage, 4 orders
- −$831.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$843.67
- Costs to cover
- 8.587%
- Break-even
- 288.2 days
Slippage from Gate: live order book, 36 min ago; KuCoin: live order book, 30 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, 36 min ago | 17.97 bp | 357.7 bp −$358 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 30 min ago | 9.65 bp | 212.9 bp −$213 | doesn't fit | doesn't fit | doesn't fit |
KLAC on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KLACUSDT | 0.0000% | 8h | 186.07 | +0.038% | $1.3M | $1.3M | 20x | as long as short |
| Bybit KLACUSDT | 0.0000% | 8h | 185.94 | −0.032% | $311K | $716K | 25x | as long as short |
| OKX KLAC-USDT-SWAP | 0.0000% | 8h | 186.13 | +0.070% | $392K | $265K | 20x | as long as short |
| Gate KLAC_USDTlong | 0.0000% | 8h | 186.00 | long leg | $475K | $41K | 20x | |
| Bitget KLACUSDT | 0.0000% | 8h | 186.15 | +0.081% | $711K | $166K | 20x | as long as short |
| Variational Omni KLAC | 0.0000% | 8h | 186.32 | +0.170% | $20K | $27K | — | as long as short |
| Extended KLAC_24_5-USD | +0.0040% | 1h | 185.86 | −0.075% | $5K | $4K | 10x | as long as short |
| Vest KLAC-USD-PERP | +0.0046% | 1h | 185.93 | −0.038% | — | $6K | 10x | as long as short |
| KuCoin KLACUSDTMshort | +0.0100% | 8h | 186.06 | +0.032% | $206K | $970K | 20x | |
| HTX KLAC-USDT | +0.0100% | 8h | 186.29 | +0.156% | $9K | $353K | 10x | as long as short |
Binance KLACUSDT
Bybit KLACUSDT
OKX KLAC-USDT-SWAP
Bitget KLACUSDT
Variational Omni KLAC
Extended KLAC_24_5-USD
Vest KLAC-USD-PERP
HTX KLAC-USDT