Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.024%
Price spread now: KuCoin against Gate−0.160%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$618as in the Funding arb table
Net, price: spread back to 7d avg − costs−$638as in the Price arb table
costs, in and out, $10k−$6356.345% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.160%, 7d avg −0.126%
=Funding pays, the price is against you. KuCoin is 0.034% cheaper against Gate than usual: you would sell low and buy high (spread −0.160% now, against its 7-day average of −0.126%). If the spread goes back, that is −$3 on $10k: about 27 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 KO_USDT | 87.490 | 0 | get 0.0000% / 8h | 6h 20m | $546K | $14K | 25x |
| Short | KuCoin KOUSDTM | 87.350 | 0.0100 | get 0.0100% / 8h | 6h 20m | $55K | $2.2M | 20x |
Gate KO_USDT
KuCoin KOUSDTMFunding 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: −0.160% → −0.126%
- −$3.36
- Slippage, 4 orders
- −$607.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$616.86
- Costs to cover
- 6.345%
- Break-even
- 212.6 days
Slippage from Gate: live order book, 45 min ago; KuCoin: live order book, 1 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, 45 min ago | 13.16 bp | 22.9 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 4.58 bp | 300.2 bp −$300 | doesn't fit | doesn't fit | doesn't fit |
KO 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KOUSDT | 0.0000% | 8h | 87.563 | +0.084% | $810K | $592K | 20x | as long as short |
| Bybit KOUSDT | 0.0000% | 8h | 87.460 | −0.034% | $343K | $19K | 25x | as long as short |
| OKX KO-USDT-SWAP | 0.0000% | 8h | 87.550 | +0.069% | $759K | $290K | 20x | as long as short |
| Gate KO_USDTlong | 0.0000% | 8h | 87.490 | long leg | $546K | $14K | 25x | |
| Bitget KOUSDT | 0.0000% | 8h | 87.480 | −0.011% | $543K | $142K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.560 | +0.080% | $5K | $367K | 10x | as long as short |
| KuCoin KOUSDTMshort | +0.0100% | 8h | 87.350 | −0.160% | $55K | $2.2M | 20x | |
| edgeX KOUSDC | +0.0355% | 4h | 87.483 | −0.009% | $88K | $210K | 10x | as long as short |
Binance KOUSDT
Bybit KOUSDT
OKX KO-USDT-SWAP
Bitget KOUSDT
HTX KO-USDT
edgeX KOUSDC