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: Gate against KuCoin−0.075%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$676as in the Funding arb table
Net, price: spread back to 7d avg − costs−$662as 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)+0.018%+$2 · spread now −0.075%, 7d avg +0.050%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.125% cheaper against KuCoin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.050%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LRCXUSDTM | 306.03 | 0.0100 | pay 0.0100% / 8h | 6h 41m | $178K | $735K | 20x |
| Short | Gate LRCX_USDT | 305.80 | 0 | get 0.0000% / 8h | 6h 41m | $263K | $432K | 20x |
KuCoin LRCXUSDTM
Gate LRCX_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: −0.075% → +0.050%
- −$12.52
- Slippage, 4 orders
- −$622.28
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$682.8
- Costs to cover
- 6.493%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 72 min ago; Gate: live order book, 24 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, 72 min ago | 7.03 bp | 283.7 bp −$284 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 24 min ago | 6.51 bp | 56.9 bp −$57 | 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 | 305.98 | −0.016% | $353K | $526K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 305.75 | −0.091% | $386K | $314K | 20x | as long as short |
| Gate LRCX_USDTshort | 0.0000% | 8h | 305.80 | −0.075% | $263K | $432K | 20x | |
| Bitget LRCXUSDT | 0.0000% | 8h | 306.19 | +0.052% | $322K | $193K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 306.45 | +0.139% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 305.90 | −0.042% | — | $4K | 10x | as long as short |
| QFEX LRCX-USD | +0.0051% | 1h | 305.91 | −0.039% | $1.1M | $2.8M | 10x | as long as short |
| KuCoin LRCXUSDTMlong | +0.0100% | 8h | 306.03 | long leg | $178K | $735K | 20x | |
| HTX LRCX-USDT | +0.0100% | 8h | 306.22 | +0.062% | $9K | $352K | 10x | as long as short |
| Binance LRCXUSDT | +0.0330% | 8h | 305.99 | −0.013% | $869K | $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 | +0.046% | $63K | $36K | 20x | as long as short |
| Paragon para:LRCX | +0.0540% | 1h | 306.07 | +0.013% | $452K | $52K | 10x | as long as short |
BloFin LRCX-USDT
Paragon para:LRCX