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: Gate against KuCoin+0.744%7-day average +1.169% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.335%+$34 on $10k
+Price spread, last 4 days (all we have)+0.473%+$47 · spread now +0.744%, 7d avg +1.169%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.426% cheaper against KuCoin than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of +1.169%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.335%, 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 | KuCoin MCDUSDTM | 248.74 | 0.0100 | pay 0.0100% / 8h | 7h 37m | $103K | $320K | 10x |
| Short | Gate MCD_USDT | 250.59 | 0 | get 0.0000% / 8h | 7h 37m | $760K | $137K | 25x |
KuCoin MCDUSDTM
Gate MCD_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: +0.744% → +1.169%
- −$42.57
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$90.57
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 14 min ago; Gate: live order book, 34 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 KuCoin live order book, 14 min ago | 9.27 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 34 min ago | 39.72 bp | 264.5 bp −$264 | 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 | 248.72 | −0.008% | $603K | $26.3M | 25x | as long as short |
| Gate MCD_USDTshort | 0.0000% | 8h | 250.59 | +0.744% | $760K | $137K | 25x | |
| KuCoin MCDUSDTMlong | +0.0100% | 8h | 248.74 | long leg | $103K | $320K | 10x | |
| Bitget MCDUSDT | +0.0419% | 8h | 248.72 | −0.008% | $2.4M | $492K | 20x | as long as short |
Bybit MCDUSDT
Bitget MCDUSDT