Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7,630.6 | 0 | 0.0000% / 8h | 4h 38m | $1.6M | $27K | 100x | Long Gate | |
| SHORT | 7,607.7 | +0.0046 | get 0.0006% / 1h | 38m 47s | $2.3M | $769K | 25x | Short Markets by Kinetiq |
Price gap−0.300%
Funding gap+0.0046% /8h
Funding pays +$1 a day on $10k, but the gap is 0.021% under its 7d average: −$2 if it goes back, about 37 hours of funding. At the last 7 days' pace that is about 7.3 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2+0.0046% /8h now · paid +0.020% over the last 7D
Price−$2spread −0.300% now, avg −0.278% → −0.021% if it goes back
Costs−$1001.000% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.300%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSP500 on 25 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Thin at this size57.8 / 4.0 bpAt $10k entering Gate costs 57.8 bp, fee and slippage, 14.6× Markets by Kinetiq’s.
- Note: Margin at max leverage$100 + $400Gate 100x, Markets by Kinetiq 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.37Long Gate: 3 payments, $0.00; short Markets by Kinetiq: 24 payments, +$1.37.
- Watch: Gap narrower than usual−0.300% vs −0.278%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Long leg is thinner$1.6M vs $2.3M OIBoth legs are deep; Gate is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · Markets by Kinetiq NoKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0010%/8h × 21 periods+$2.04
Price spread−0.300% → −0.278% (7d avg)−$2.14
Slippage, 4 orderslive order books−$83.15
Fee Gate bp × 2 orders−$15.00
Fee Markets by Kinetiq bp × 2 orders−$1.80
Net · 7 days · $10k−$100.05
Costs to cover1.000%Break-even350.4 days
Slippage: Gate: live order book, 3 min ago; Markets by Kinetiq: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate8.2957.8 bp−$58108.5 bp−$1,085doesn’t fitdoesn’t fit
SELL · SHORTMarkets by Kinetiq1.254.0 bp−$48.4 bp−$84doesn’t fitdoesn’t fit
Closing costs about the same again.
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