Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.419%
Price spread now: KuCoin against Gate−0.149%7-day average −1.103% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.336%−$34 on $10k
+Price spread, last 4 days (all we have)−1.036%−$104 · spread now −0.149%, 7d avg −1.103%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.955% dearer against Gate than usual: you sell high and buy low: +$95 more if the spread goes back to its 7-day average of −1.103%. Mind the row above: over the last 7 days funding on this pair cost −0.336%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MCD_USDT | 249.14 | 0 | get 0.0000% / 8h | 22m 52s | $677K | $185K | 25x |
| Short | KuCoin MCDUSDTM | 248.77 | 0.0100 | get 0.0100% / 8h | 22m 52s | $100K | $199K | 10x |
Gate MCD_USDT
KuCoin MCDUSDTMFunding 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: −0.149% → −1.103%
- $95.49
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $89.49
- Costs to cover
- 0.270%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 13 min ago; KuCoin: live order book, 8 min ago. Net counts fees only.
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, 13 min ago | 39.33 bp | 343.0 bp −$343 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 17.28 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
MCD on 4 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 MCDUSDT | 0.0000% | 8h | 248.75 | −0.157% | $592K | $9.5M | 25x | as long as short |
| Gate MCD_USDTlong | 0.0000% | 8h | 249.14 | long leg | $677K | $185K | 25x | |
| Bitget MCDUSDT | 0.0000% | 8h | 248.75 | −0.157% | $2.4M | $495K | 20x | as long as short |
| KuCoin MCDUSDTMshort | +0.0100% | 8h | 248.77 | −0.149% | $100K | $199K | 10x |
Bybit MCDUSDT
Bitget MCDUSDT