Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate+0.096%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$837as in the Funding arb table
Net, price: spread back to 7d avg − costs−$849as in the Price arb table
costs, in and out, $10k−$8588.578% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.096%, 7d avg +0.010%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.085% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ONDS_USDT | 7.3130 | 0 | get 0.0000% / 8h | 7h 44m | $365K | $183K | 20x |
| Short | KuCoin ONDSUSDTM | 7.3200 | 0.0100 | get 0.0100% / 8h | 7h 44m | $79K | $459K | 20x |
Gate ONDS_USDT
KuCoin ONDSUSDTMFunding 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: +0.096% → +0.010%
- $8.54
- Slippage, 4 orders
- −$830.82
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$828.28
- Costs to cover
- 8.578%
- Break-even
- 283.1 days
Slippage from Gate: live order book, 51 min ago; KuCoin: live order book, 49 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, 51 min ago | 4.76 bp | 60.2 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 49 min ago | 6.80 bp | 301.0 bp −$301 | doesn't fit | doesn't fit | doesn't fit |
ONDS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ONDSUSDT | 0.0000% | 8h | 7.3273 | +0.196% | $2K | $5K | 20x | as long as short |
| Binance ONDSUSDT | 0.0000% | 8h | 7.3200 | +0.096% | $1.5M | $1.4M | 20x | as long as short |
| Bybit ONDSUSDT | 0.0000% | 8h | 7.3140 | +0.014% | $503K | $168K | 25x | as long as short |
| OKX ONDS-USDT-SWAP | 0.0000% | 8h | 7.3100 | −0.041% | $185K | $129K | 10x | as long as short |
| Gate ONDS_USDTlong | 0.0000% | 8h | 7.3130 | long leg | $365K | $183K | 20x | |
| Bitget ONDSUSDT | 0.0000% | 8h | 7.3180 | +0.068% | $881K | $418K | 20x | as long as short |
| GRVT ONDS_USDT_Perp | 0.0000% | 8h | 7.3113 | −0.023% | $2K | $153K | 10x | as long as short |
| SunX ONDS-USDT | 0.0000% | 8h | 7.3100 | −0.041% | $526 | $449K | 10x | as long as short |
| HTX ONDS-USDT | 0.0000% | 8h | 7.2900 | −0.315% | $5K | $1K | 10x | as long as short |
| Vest ONDS-USD-PERP | +0.0046% | 1h | 7.3200 | +0.096% | — | — | 5x | as long as short |
Aster ONDSUSDT
Binance ONDSUSDT
Bybit ONDSUSDT
OKX ONDS-USDT-SWAP
Bitget ONDSUSDT
GRVT ONDS_USDT_Perp
SunX ONDS-USDT
HTX ONDS-USDT
Vest ONDS-USD-PERPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ONDSUSDTMshort | +0.0100% | 8h | 7.3200 | +0.096% | $79K | $459K | 20x |