Funding you earn now, next payment 08:00 UTC+0.0200%/8h= +21.9% APRnext payment +$2.00 per $10,000 · paid last 24h +0.020%
Price spread now: Gate against Bybit+0.050%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$574as in the Funding arb table
Net, price: spread back to 7d avg − costs−$579as in the Price arb table
costs, in and out, $10k−$5765.756% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now +0.050%, 7d avg +0.088%
=Funding pays, the price is against you. Gate is 0.038% cheaper against Bybit than usual: you would sell low and buy high (spread +0.050% now, against its 7-day average of +0.088%). If the spread goes back, that is −$4 on $10k: about 15 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.020% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.020% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.00 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KUAISHOUUSDT | 3.9900 | 0 | get 0.0000% / 8h | 7h 26m | $158K | $11K | 25x |
| Short | Gate KUAISHOU_USDT | 3.9920 | 0.0200 | get 0.0200% / 8h | 7h 26m | $483K | $18K | 25x |
Bybit KUAISHOUUSDT
Gate KUAISHOU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $42
- Price spread: +0.050% → +0.088%
- −$3.76
- Slippage, 4 orders
- −$549.61
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$537.37
- Costs to cover
- 5.756%
- Break-even
- 96.6 days
Slippage from Bybit: live order book, 29 min ago; Gate: live order book, 45 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 Bybit live order book, 29 min ago | 12.55 bp | 91.6 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 45 min ago | 16.31 bp | 279.2 bp −$279 | doesn't fit | doesn't fit | doesn't fit |
KUAISHOU 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster KUAISHOUUSDT | 0.0000% | 8h | 3.9865 | −0.088% | $42K | $2K | 20x | as long as short |
| Binance KUAISHOUUSDT | 0.0000% | 4h | 3.9940 | +0.100% | $2.1M | $352K | 20x | as long as short |
| Bybit KUAISHOUUSDTlong | 0.0000% | 8h | 3.9900 | long leg | $158K | $11K | 25x | |
| Bitget KUAISHOUUSDT | 0.0000% | 8h | 3.9930 | +0.075% | $477K | $77K | 5x | as long as short |
| HTX KUAISHOU-USDT | 0.0000% | 4h | 4.0400 | +1.253% | $11K | $669 | 10x | as long as short |
| KuCoin KUAISHOUUSDTM | +0.0100% | 4h | 3.9990 | +0.226% | $20K | $1.8M | 20x | as long as short |
| Gate KUAISHOU_USDTshort | +0.0200% | 8h | 3.9920 | +0.050% | $483K | $18K | 25x | |
| edgeX KUAISHOUUSDC | +0.0958% | 4h | 3.9939 | +0.099% | $14K | $186K | 10x | as long as short |
Aster KUAISHOUUSDT
Binance KUAISHOUUSDT
Bitget KUAISHOUUSDT
HTX KUAISHOU-USDT
KuCoin KUAISHOUUSDTM
edgeX KUAISHOUUSDC