Funding you earn now, next payment 08:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.72 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against KuCoin+0.145%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,410as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,370as in the Price arb table
costs, in and out, $10k−$1,38113.812% of the position
Funding, last 7 days−0.288%−$29 on $10k
+Price spread, last 4 days (all we have)−0.170%−$17 · spread now +0.145%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.114% 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%. Mind the row above: over the last 7 days funding on this pair cost −0.288%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XIAOMIHKDUSDTM | 27.550 | 0.0128 | pay 0.0128% / 8h | 3h 46m | $27K | $166K | 20x |
| Short | Gate XIAOMIHKD_USDT | 27.590 | 0.0200 | get 0.0200% / 8h | 3h 46m | $463K | $204K | 20x |
KuCoin XIAOMIHKDUSDTM
Gate XIAOMIHKD_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
- $15.12
- Price spread: +0.145% → +0.031%
- $11.37
- Slippage, 4 orders
- −$1,354.19
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,354.69
- Costs to cover
- 13.812%
- Break-even
- 634.2 days
Slippage from KuCoin: live order book, 23 min ago; Gate: live order book, 4 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, 23 min ago | 27.07 bp | 363.6 bp −$364 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 10.87 bp | 225.5 bp −$225 | doesn't fit | doesn't fit | doesn't fit |
XIAOMIHKD on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget XIAOMIHKDUSDT | +0.0108% | 8h | 27.577 | +0.098% | $785K | $1.7M | 20x | as long as short |
| KuCoin XIAOMIHKDUSDTMlong | +0.0128% | 8h | 27.550 | long leg | $27K | $166K | 20x | |
| Gate XIAOMIHKD_USDTshort | +0.0200% | 8h | 27.590 | +0.145% | $463K | $204K | 20x |
Bitget XIAOMIHKDUSDT