Funding you earn now, next payment 04:00 UTC+0.0222%/8h= +24.3% APRpaid last 24h −0.010%
Price spread now: Gate against KuCoin+0.143%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$645as in the Funding arb table
Net, price: spread back to 7d avg − costs−$655as in the Price arb table
costs, in and out, $10k−$6666.657% of the position
Funding, last 7 days+0.209%+$21 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.143%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 0.112% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TENCENTUSDTM | 55.750 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $119K | $670K | 20x |
| Short | Gate TENCENT_USDT | 55.830 | 0.0322 | get 0.0322% / 8h | 6h 40m | $1.8M | $293K | 25x |
KuCoin TENCENTUSDTM
Gate TENCENT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. 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
- $46.62
- Price spread: +0.143% → +0.031%
- $11.23
- Slippage, 4 orders
- −$638.73
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$607.89
- Costs to cover
- 6.657%
- Break-even
- 98.3 days
Slippage from KuCoin: live order book, 73 min ago; Gate: live order book, 2 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 KuCoin live order book, 73 min ago | 14.45 bp | 291.0 bp −$291 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 8.06 bp | 39.6 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
TENCENT on 9 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 TENCENTUSDT | 0.0000% | 8h | 55.642 | −0.193% | $52K | $2K | 20x | as long as short |
| Binance TENCENTUSDT | 0.0000% | 4h | 55.894 | +0.258% | $3.1M | $1.3M | 25x | as long as short |
| Bybit TENCENTUSDT | 0.0000% | 8h | 55.840 | +0.161% | $311K | $161K | 25x | as long as short |
| Bitget TENCENTUSDT | 0.0000% | 8h | 55.810 | +0.108% | $1.8M | $1.8M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 56.000 | +0.448% | $10K | $37K | 10x | as long as short |
| Lighter TENCENT | +0.0032% | 1h | 56.146 | +0.710% | $66K | $2K | 10x | as long as short |
| KuCoin TENCENTUSDTMlong | +0.0100% | 4h | 55.750 | long leg | $119K | $670K | 20x | |
| Gate TENCENT_USDTshort | +0.0322% | 8h | 55.830 | +0.143% | $1.8M | $293K | 25x | |
| edgeX TENCENTUSDC | +0.0381% | 4h | 55.754 | +0.008% | $115K | $208K | 10x | as long as short |
Aster TENCENTUSDT
Binance TENCENTUSDT
Bybit TENCENTUSDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
Lighter TENCENT
edgeX TENCENTUSDC