OURA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GateOURA_USDT	52.500	0	get 0.0000% / 8h	5h 20m	$599K	$390K	10x	Long Gate
SHORT	KuCoinOURAUSDTM	51.650	+0.0050	get 0.0050% / 8h	5h 20m	$15K	$3.3M	20x	Short KuCoin

Price gap−1.619%

Funding gap+0.0050% /8h

Funding pays +$2 a day on $10k, but the gap is 0.702% under its 7d average: −$70 if it goes back, about 47 days of funding.

Funding you earn now+0.0050% /8hpaid last 24h +0.015% · next 16:00 UTC

Price spread now−1.619%7d average −0.917% · you buy dearer than you sell

Net 7d · $10k—Paid 7d +$21d − costs $1,188 · under 7 days of funding history

Net, price · $10k−$1,258spread back to 7d avg − costs · as in Price arb

Costs, in and out · $10k−$1,18811.879% of a $10k position

Funding, last

1 day, all we have+0.015%+$2 on $10k

Price spread, last 1 day of 7D (all we have)+1.775%+$178 · now −1.619%, avg −0.917%

Together, before fees+1.790%+$179no pointsWith fees, hour by hour → backtest

Funding history

you earnyou payavg

RANGE STATS · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

KuCoin price against Gatenow

RANGE STATS · 7D

Now−1.619%

Average—

Range—

Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

OURA on 12 exchanges

lowest funding first

Exchange	Funding /8h	Every	Price	vs long leg	OI	Vol 24h	Lev	KYC	Use as
LighterOURA	−0.0216% · 1h	1h	52.395	−0.200%	$110K	$197K	5x	No	52.395 · −0.200% · OI $110K · 5x · KYC No	long short
QFEXOURA-USD	−0.0014% · 1h	1h	51.410	−2.076%	$1.1M	$566K	10x	No	51.410 · −2.076% · OI $1.1M · 10x · KYC No	long short
OKXOURA-USDT-SWAP	0.0000% · 8h	8h	51.370	−2.152%	$132K	$1.1M	20x	Yes	51.370 · −2.152% · OI $132K · 20x · KYC Yes	long short
GateOURA_USDT	0.0000% · 8h	8h	52.500	long leg	$599K	$390K	10x	Yes	52.500 · long leg · OI $599K · 10x · KYC Yes	LONG
BitgetOURAUSDT	0.0000% · 8h	8h	51.253	−2.375%	$1.6M	$10.0M	20x	Yes	51.253 · −2.375% · OI $1.6M · 20x · KYC Yes	long short
SunXOURA-USDT	0.0000% · 8h	8h	51.240	−2.400%	—	$2.2M	10x	No	51.240 · −2.400% · OI — · 10x · KYC No	long short
HTXOURA-USDT	0.0000% · 8h	8h	51.580	−1.752%	$12K	$393K	10x	Limited	51.580 · −1.752% · OI $12K · 10x · KYC Limited	long short
tradeXYZxyz:OURA	+0.0001% · 1h	1h	51.317	−2.253%	$226K	$1.0M	5x	No	51.317 · −2.253% · OI $226K · 5x · KYC No	long short
BloFinOURA-USDT	+0.0023% · 8h	8h	51.480	−1.943%	$46K	$26K	20x	Limited	51.480 · −1.943% · OI $46K · 20x · KYC Limited	long short
AsterOURAUSD1	+0.0050% · 8h	8h	51.146	−2.579%	$101K	$73K	20x	No	51.146 · −2.579% · OI $101K · 20x · KYC No	long short
BinanceOURAUSDT	+0.0050% · 8h	8h	51.413	−2.070%	$810K	$3.4M	20x	Yes	51.413 · −2.070% · OI $810K · 20x · KYC Yes	long short
KuCoinOURAUSDTM	+0.0050% · 8h	8h	51.650	−1.619%	$15K	$3.3M	20x	Yes	51.650 · −1.619% · OI $15K · 20x · KYC Yes	SHORT

Before you open

1 ok · 4 to watch

Watch: Thin at this size408.9 / 435.8 bp
At $10k KuCoin’s book costs 435.8 bp to enter, 1.1× Gate’s.
Note: Margin at max leverage$1,000 + $500
Gate 10x, KuCoin 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$1.50Long Gate: 3 payments, $0.00; short KuCoin: 3 payments, +$1.50.
Watch: Gap narrower than usual−1.619% vs −0.917%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$15K vs $599K OI
KuCoin sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCGate Yes · KuCoin Yes
KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0045%/8h × 21 periods+$9.45

Price spread−1.619% → −0.917% (7d avg)−$70.22

Slippage, 4 orderslive order books−$1,160.92

Fee Gate bp × 2 orders−$15.00

Fee KuCoin bp × 2 orders−$12.00

Net · 7 days · $10k−$1,248.69

Costs to cover11.879%Break-even931.8 days

Slippage: Gate: live order book, 13 min ago; KuCoin: live order book, 14 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGate27.70408.9 bp−$409doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTKuCoin39.69435.8 bp−$436doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.