Settings8H · net · $10k
Funding arb · Price arb /

V

RWAall V markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h +0.116%
Price spread now: Gate against KuCoin+0.226%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,339as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,330as in the Price arb table
costs, in and out, $10k−$2,34123.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.226%, 7d avg +0.114%
Together, before fees−0.087%−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.112% dearer against KuCoin than usual: you sell high and buy low (spread +0.226% now, against its 7-day average of +0.114%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin VUSDTM367.770.0100pay 0.0100% / 8h2h 51m$291K$815K20x
ShortGate V_USDT368.600get 0.0000% / 8h2h 51m$189K$5K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$21
Price spread: +0.226% → +0.114%
$11.16
Slippage, 4 orders
−$2,314.41
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$2,351.25
Costs to cover
23.414%
Break-even
never at this rate
Slippage from KuCoin: live order book, 23 min ago; Gate: live order book, 54 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 23 min ago53.20 bp1062.2 bp −$1,062doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 54 min ago4.07 bp264.3 bp −$264doesn't fitdoesn't fitdoesn't fit

V on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX VUSDC−0.0717%4h368.92+0.311%$192K$180K10xas long as short
Injective V/USDC PERP−0.0220%1h332.12−9.694%$16K$30K12xas long as short
Aster VUSDT0.0000%8h369.30+0.415%$17K$6K20xas long as short
Binance VUSDT0.0000%8h368.82+0.284%$600K$269K20xas long as short
Bybit VUSDT0.0000%8h369.06+0.351%$124K$14K25xas long as short
Gate V_USDTshort0.0000%8h368.60+0.226%$189K$5K20x
Bitget VUSDT0.0000%8h369.14+0.373%$121K$11K20xas long as short
SunX V-USDT0.0000%8h368.71+0.256%$1K$598K10xas long as short
HTX V-USDT0.0000%8h369.04+0.345%$6K$32K20xas long as short
GRVT V_USDT_Perp+0.0029%8h369.05+0.348%$12K$157K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin VUSDTMlong+0.0100%8h367.77long leg$291K$815K20x