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: Gate against KuCoin+0.149%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$649as in the Funding arb table
Net, price: spread back to 7d avg − costs−$631as in the Price arb table
costs, in and out, $10k−$6336.327% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)−0.105%−$11 · spread now +0.149%, 7d avg +0.126%
=The price spread pays, funding is against you. Gate is 0.022% dearer against KuCoin than usual: you sell high and buy low (spread +0.149% now, against its 7-day average of +0.126%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KOUSDTM | 87.360 | 0.0100 | pay 0.0100% / 8h | 6h 21m | $55K | $2.2M | 20x |
| Short | Gate KO_USDT | 87.490 | 0 | get 0.0000% / 8h | 6h 21m | $546K | $14K | 25x |
KuCoin KOUSDTM
Gate KO_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: +0.149% → +0.126%
- $2.24
- Slippage, 4 orders
- −$605.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$651.51
- Costs to cover
- 6.327%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Gate: live order book, 44 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, 10 min ago | 5.16 bp | 286.9 bp −$287 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 44 min ago | 13.16 bp | 43.9 bp −$44 | 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 | 87.560 | +0.229% | $810K | $592K | 20x | as long as short |
| Bybit KOUSDT | 0.0000% | 8h | 87.480 | +0.137% | $343K | $19K | 25x | as long as short |
| OKX KO-USDT-SWAP | 0.0000% | 8h | 87.550 | +0.217% | $759K | $290K | 20x | as long as short |
| Gate KO_USDTshort | 0.0000% | 8h | 87.490 | +0.149% | $546K | $14K | 25x | |
| Bitget KOUSDT | 0.0000% | 8h | 87.490 | +0.149% | $543K | $142K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.560 | +0.229% | $5K | $367K | 10x | as long as short |
| KuCoin KOUSDTMlong | +0.0100% | 8h | 87.360 | long leg | $55K | $2.2M | 20x | |
| edgeX KOUSDC | +0.0500% | 4h | 87.475 | +0.131% | $88K | $209K | 10x | as long as short |
Binance KOUSDT
Bybit KOUSDT
OKX KO-USDT-SWAP
Bitget KOUSDT
HTX KO-USDT
edgeX KOUSDC