Funding you earn now, next payment 16:00 UTC+0.0563%/8h= +61.6% APRnext payment +$5.63 per $10,000 · paid last 24h +0.173%
Price spread now: KuCoin against Gate−0.013%7-day average −0.121% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.313%+$31 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.013%, 7d avg −0.121%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and KuCoin is 0.109% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.121%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.313% in total (about 16.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.63 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XOM_USDT | 159.75 | 0 | get 0.0000% / 8h | 7h 43m | $106K | $10K | 20x |
| Short | KuCoin XOMUSDTM | 159.73 | 0.0563 | get 0.0563% / 8h | 7h 43m | $43K | $366K | 10x |
Gate XOM_USDT
KuCoin XOMUSDTMFunding 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
- $118.23
- Price spread: −0.013% → −0.121%
- $10.88
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $102.11
- Costs to cover
- 0.270%
- Break-even
- 1.0 days
Slippage unknown: Gate: live order book, 18 min ago; KuCoin: live order book, 49 min ago. Net counts fees only.
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, 18 min ago | 14.38 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 49 min ago | 20.64 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
XOM on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin XOM-USDT | −0.0002% | 8h | 159.72 | −0.019% | $49K | $14K | 20x | as long as short |
| Bybit XOMUSDT | 0.0000% | 8h | 159.98 | +0.144% | $227K | $20.2M | 50x | as long as short |
| OKX XOM-USDT-SWAP | 0.0000% | 8h | 159.98 | +0.144% | $71K | $193K | 20x | as long as short |
| QFEX XOM-USD | 0.0000% | 1h | 159.43 | −0.200% | $1.1M | $1.7M | 10x | as long as short |
| Gate XOM_USDTlong | 0.0000% | 8h | 159.75 | long leg | $106K | $10K | 20x | |
| Bitget XOMUSDT | 0.0000% | 8h | 159.37 | −0.238% | $272K | $153K | 50x | as long as short |
| HTX XOM-USDT | +0.0100% | 8h | 159.30 | −0.282% | $448 | $328K | 20x | as long as short |
| KuCoin XOMUSDTMshort | +0.0563% | 8h | 159.73 | −0.013% | $43K | $366K | 10x |
BloFin XOM-USDT
Bybit XOMUSDT
OKX XOM-USDT-SWAP
QFEX XOM-USD
Bitget XOMUSDT
HTX XOM-USDT