Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.098%
Price spread now: KuCoin against Gate−0.341%7-day average −0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.482%+$48 on $10k
+Price spread, last 4 days (all we have)+0.506%+$51 · spread now −0.341%, 7d avg −0.038%
=Funding pays, the price is against you. KuCoin is 0.303% cheaper against Gate than usual: you would sell low and buy high (spread −0.341% now, against its 7-day average of −0.038%). If the spread goes back, that is −$30 on $10k: about 10 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.482% in total) that is about 4.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MEITUAN_USDT | 9.3790 | 0 | get 0.0000% / 8h | 6h 26m | $269K | $16K | 25x |
| Short | KuCoin MEITUANUSDTM | 9.3470 | 0.0100 | get 0.0050% / 4h | 2h 26m | $20K | $2.8M | 20x |
Gate MEITUAN_USDT
KuCoin MEITUANUSDTMFunding 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: −0.341% → −0.038%
- −$30.3
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$36.3
- Costs to cover
- 0.270%
- Break-even
- 19.1 days
Slippage unknown: Gate: live order book, 21 min ago; KuCoin: live order book, 4 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, 21 min ago | 28.78 bp | 256.9 bp −$257 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 8.03 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
MEITUAN on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MEITUANUSDT | 0.0000% | 8h | 9.3600 | −0.203% | $3K | $262 | 20x | as long as short |
| Binance MEITUANUSDT | 0.0000% | 4h | 9.3600 | −0.203% | $1.2M | $613K | 20x | as long as short |
| Bybit MEITUANUSDT | 0.0000% | 8h | 9.3800 | +0.011% | $49K | $5K | 25x | as long as short |
| Gate MEITUAN_USDTlong | 0.0000% | 8h | 9.3790 | long leg | $269K | $16K | 25x | |
| HTX MEITUAN-USDT | 0.0000% | 4h | 9.3700 | −0.096% | $6K | $2K | 10x | as long as short |
| Bitget MEITUANUSDT | +0.0004% | 8h | 9.3760 | −0.032% | $355K | $196K | 5x | as long as short |
| KuCoin MEITUANUSDTMshort | +0.0100% | 4h | 9.3470 | −0.341% | $20K | $2.8M | 20x | |
| edgeX MEITUANUSDC | +0.0767% | 4h | 9.3631 | −0.169% | $10K | $223K | 10x | as long as short |
Aster MEITUANUSDT
Binance MEITUANUSDT
Bybit MEITUANUSDT
HTX MEITUAN-USDT
Bitget MEITUANUSDT
edgeX MEITUANUSDC