Funding you earn now, next payment 04:00 UTC−0.0200%/8h= −21.9% APRpaid last 24h +0.061%
Price spread now: Binance against Gate−0.025%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$520as in the Funding arb table
Net, price: spread back to 7d avg − costs−$559as in the Price arb table
costs, in and out, $10k−$5655.646% of the position
Funding, last 7 days+0.448%+$45 on $10k
+Price spread, last 2 days (all we have)−0.128%−$13 · spread now −0.025%, 7d avg −0.081%
=The price spread pays, funding is against you. Binance is 0.056% dearer against Gate than usual: you sell high and buy low (spread −0.025% now, against its 7-day average of −0.081%): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 22 hours. Mind the row above: over the last 7 days funding on this pair paid +0.448%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KUAISHOU_USDT | 3.9910 | 0.0200 | pay 0.0200% / 8h | 6h 42m | $483K | $15K | 25x |
| Short | Binance KUAISHOUUSDT | 3.9900 | 0 | get 0.0000% / 4h | 2h 42m | $2.1M | $348K | 20x |
Gate KUAISHOU_USDT
Binance KUAISHOUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$42
- Price spread: −0.025% → −0.081%
- $5.59
- Slippage, 4 orders
- −$539.58
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$600.99
- Costs to cover
- 5.646%
- Break-even
- never at this rate
Slippage from Gate: live order book, 24 min ago; Binance: live order book, 7 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, 24 min ago | 16.28 bp | 225.9 bp −$226 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.51 bp | 33.4 bp −$33 | 388.9 bp −$3,889 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX KUAISHOUUSDC | −0.0921% | 4h | 3.9897 | −0.034% | $13K | $187K | 10x | as long as short |
| Aster KUAISHOUUSDT | 0.0000% | 8h | 3.9894 | −0.039% | $42K | $2K | 20x | as long as short |
| Binance KUAISHOUUSDTshort | 0.0000% | 4h | 3.9900 | −0.025% | $2.1M | $348K | 20x | |
| Bybit KUAISHOUUSDT | 0.0000% | 8h | 3.9900 | −0.025% | $158K | $12K | 25x | as long as short |
| Bitget KUAISHOUUSDT | 0.0000% | 8h | 3.9910 | 0.000% | $480K | $78K | 5x | as long as short |
| HTX KUAISHOU-USDT | 0.0000% | 4h | 4.0500 | +1.478% | $11K | $686 | 10x | as long as short |
| KuCoin KUAISHOUUSDTM | +0.0100% | 4h | 3.9900 | −0.025% | $20K | $1.8M | 20x | as long as short |
| Gate KUAISHOU_USDTlong | +0.0200% | 8h | 3.9910 | long leg | $483K | $15K | 25x |
edgeX KUAISHOUUSDC
Aster KUAISHOUUSDT
Bybit KUAISHOUUSDT
Bitget KUAISHOUUSDT
HTX KUAISHOU-USDT
KuCoin KUAISHOUUSDTM