Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate+0.062%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$622as in the Funding arb table
Net, price: spread back to 7d avg − costs−$638as in the Price arb table
costs, in and out, $10k−$6496.493% of the position
Funding, last 7 days+0.268%+$27 on $10k
+Price spread, last 4 days (all we have)−0.005%$0 · spread now +0.062%, 7d avg −0.050%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.112% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LRCX_USDT | 305.60 | 0 | get 0.0000% / 8h | 6h 40m | $263K | $432K | 20x |
| Short | KuCoin LRCXUSDTM | 305.79 | 0.0100 | get 0.0100% / 8h | 6h 40m | $178K | $735K | 20x |
Gate LRCX_USDT
KuCoin LRCXUSDTMFunding 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: +0.062% → −0.050%
- $11.22
- Slippage, 4 orders
- −$622.28
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$617.06
- Costs to cover
- 6.493%
- Break-even
- 212.7 days
Slippage from Gate: live order book, 25 min ago; KuCoin: live order book, 73 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, 25 min ago | 6.51 bp | 96.3 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 73 min ago | 7.03 bp | 212.3 bp −$212 | doesn't fit | doesn't fit | doesn't fit |
LRCX on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LRCXUSDT | 0.0000% | 8h | 305.74 | +0.046% | $353K | $526K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 305.75 | +0.049% | $386K | $314K | 20x | as long as short |
| Gate LRCX_USDTlong | 0.0000% | 8h | 305.60 | long leg | $263K | $432K | 20x | |
| Bitget LRCXUSDT | 0.0000% | 8h | 306.20 | +0.196% | $322K | $193K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 306.45 | +0.278% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 305.82 | +0.072% | — | $4K | 10x | as long as short |
| QFEX LRCX-USD | +0.0051% | 1h | 305.84 | +0.079% | $1.1M | $2.8M | 10x | as long as short |
| KuCoin LRCXUSDTMshort | +0.0100% | 8h | 305.79 | +0.062% | $178K | $735K | 20x | |
| HTX LRCX-USDT | +0.0100% | 8h | 305.70 | +0.033% | $9K | $352K | 10x | as long as short |
| Binance LRCXUSDT | +0.0330% | 8h | 305.91 | +0.102% | $868K | $2.7M | 20x | as long as short |
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Bitget LRCXUSDT
Extended LRCX_24_5-USD
Vest LRCX-USD-PERP
QFEX LRCX-USD
HTX LRCX-USDT
Binance LRCXUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LRCX-USDT | +0.0352% | 8h | 306.17 | +0.187% | $63K | $36K | 20x | as long as short |
| Paragon para:LRCX | +0.0540% | 1h | 306.07 | +0.154% | $452K | $52K | 10x | as long as short |
BloFin LRCX-USDT
Paragon para:LRCX