OURA

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

Price gap+1.646%

Funding gap−0.0050% /8h

The gap pays +$73 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 49 days.

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

Price spread now+1.646%7d average +0.917% · you sell dearer than you buy

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

Net, price · $10k−$1,115spread 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)−1.802%−$180 · now +1.646%, avg +0.917%

Together, before fees−1.817%−$182no 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

Gate price against KuCoinnow

RANGE STATS · 7D

Now+1.646%

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	+1.442%	$110K	$197K	5x	No	52.395 · +1.442% · OI $110K · 5x · KYC No	long short
QFEXOURA-USD	−0.0014% · 1h	1h	51.410	−0.465%	$1.1M	$566K	10x	No	51.410 · −0.465% · OI $1.1M · 10x · KYC No	long short
OKXOURA-USDT-SWAP	0.0000% · 8h	8h	51.370	−0.542%	$132K	$1.1M	20x	Yes	51.370 · −0.542% · OI $132K · 20x · KYC Yes	long short
GateOURA_USDT	0.0000% · 8h	8h	52.500	+1.646%	$599K	$390K	10x	Yes	52.500 · +1.646% · OI $599K · 10x · KYC Yes	SHORT
BitgetOURAUSDT	0.0000% · 8h	8h	51.253	−0.769%	$1.6M	$10.0M	20x	Yes	51.253 · −0.769% · OI $1.6M · 20x · KYC Yes	long short
SunXOURA-USDT	0.0000% · 8h	8h	51.240	−0.794%	—	$2.2M	10x	No	51.240 · −0.794% · OI — · 10x · KYC No	long short
HTXOURA-USDT	0.0000% · 8h	8h	51.580	−0.136%	$12K	$393K	10x	Limited	51.580 · −0.136% · OI $12K · 10x · KYC Limited	long short
tradeXYZxyz:OURA	+0.0001% · 1h	1h	51.317	−0.645%	$226K	$1.0M	5x	No	51.317 · −0.645% · OI $226K · 5x · KYC No	long short
BloFinOURA-USDT	+0.0023% · 8h	8h	51.480	−0.329%	$46K	$26K	20x	Limited	51.480 · −0.329% · OI $46K · 20x · KYC Limited	long short
AsterOURAUSD1	+0.0050% · 8h	8h	51.146	−0.976%	$101K	$73K	20x	No	51.146 · −0.976% · OI $101K · 20x · KYC No	long short
BinanceOURAUSDT	+0.0050% · 8h	8h	51.413	−0.459%	$810K	$3.4M	20x	Yes	51.413 · −0.459% · OI $810K · 20x · KYC Yes	long short
KuCoinOURAUSDTM	+0.0050% · 8h	8h	51.650	long leg	$15K	$3.3M	20x	Yes	51.650 · long leg · OI $15K · 20x · KYC Yes	LONG

Before you open

2 ok · 3 to watch

Watch: Thin at this size238.8 / 104.4 bp
At $10k KuCoin’s book costs 238.8 bp to enter, 2.3× Gate’s.
Note: Margin at max leverage$500 + $1,000
KuCoin 20x, Gate 10x. 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 KuCoin: 3 payments, −$1.50; short Gate: 3 payments, $0.00.
OK: Entry gap works for you+1.646% vs +0.917%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long 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: KYCKuCoin Yes · Gate Yes
Standard KYC (ID and face check) for any product since Aug 2023.

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+1.646% → +0.917% (7d avg)+$72.89

Slippage, 4 orderslive order books−$1,160.92

Fee KuCoin bp × 2 orders−$12.00

Fee Gate bp × 2 orders−$15.00

Net · 7 days · $10k−$1,124.48

Costs to cover11.879%Break-evennever at this rate

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

Cost to enter

taker + slippage from mid, one side

BUY · LONGKuCoin39.69238.8 bp−$239doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTGate27.70104.4 bp−$104doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.