Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate−0.016%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$402as in the Funding arb table
Net, price: spread back to 7d avg − costs−$422as in the Price arb table
costs, in and out, $10k−$4214.213% of the position
Funding, last 7 days+0.194%+$19 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.016%, 7d avg −0.012%
=The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WDC_USDT | 448.40 | 0 | get 0.0000% / 8h | 3h 48m | $1.9M | $2.4M | 50x |
| Short | KuCoin WDCUSDTM | 448.33 | 0.0100 | get 0.0100% / 8h | 3h 48m | $275K | $45K | 20x |
Gate WDC_USDT
KuCoin WDCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $21
- Price spread: −0.016% → −0.012%
- −$0.39
- Slippage, 4 orders
- −$394.31
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$400.71
- Costs to cover
- 4.213%
- Break-even
- 140.6 days
Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 23 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 Gate live order book, 4 min ago | 2.23 bp | 15.7 bp −$16 | 88.1 bp −$881 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 23 min ago | 14.31 bp | 228.4 bp −$228 | doesn't fit | doesn't fit | doesn't fit |
WDC on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX WDCUSDC | −0.0786% | 4h | 449.54 | +0.254% | $50K | $230K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 448.24 | −0.035% | $11K | $115K | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 448.58 | +0.040% | $1.9M | $838K | 25x | as long as short |
| Gate WDC_USDTlong | 0.0000% | 8h | 448.40 | long leg | $1.9M | $2.4M | 50x | |
| Bitget WDCUSDT | 0.0000% | 8h | 448.59 | +0.042% | $1.1M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | +0.0031% | 8h | 448.42 | +0.004% | $146K | $94K | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 447.92 | −0.107% | — | — | 10x | as long as short |
| Extended WDC-USD | +0.0032% | 1h | 448.53 | +0.029% | $4K | $132K | 10x | as long as short |
| Binance WDCUSDT | +0.0036% | 8h | 448.62 | +0.049% | $7.4M | $24.8M | 20x | as long as short |
| QFEX WDC-USD | +0.0037% | 1h | 448.23 | −0.038% | $1.1M | $3.4M | 10x | as long as short |
edgeX WDCUSDC
Aster WDCUSDT
Bybit WDCUSDT
Bitget WDCUSDT
BloFin WDC-USDT
Lighter WDC
Extended WDC-USD
Binance WDCUSDT
QFEX WDC-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:WDC | +0.0050% | 1h | 448.25 | −0.033% | $2.4M | $2.1M | 10x | as long as short |
| GRVT WDC_USDT_Perp | +0.0088% | 8h | 449.80 | +0.311% | $531 | $156K | 10x | as long as short |
| KuCoin WDCUSDTMshort | +0.0100% | 8h | 448.33 | −0.016% | $275K | $45K | 20x | |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 448.45 | +0.011% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 448.70 | +0.067% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 448.87 | +0.105% | $33K | $8K | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0146% | 8h | 448.55 | +0.033% | $2.1M | $3.9M | 20x | as long as short |
tradeXYZ xyz:WDC
GRVT WDC_USDT_Perp
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT
OKX WDC-USDT-SWAP