Funding you earn now, next payment 04:00 UTC−0.0406%/8h= −44.5% APRnext payment −$2.03 per $10,000 · paid last 24h +0.014%
Price spread now: Gate against KuCoin+0.049%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,754as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,747as in the Price arb table
costs, in and out, $10k−$1,74517.449% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.049%, 7d avg +0.071%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Gate is 0.021% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.071%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.091% in total (about -4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.03 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 | KuCoin 4USDTM | 0.02034 | 0.0568 | pay 0.0284% / 4h | 2h 40m | $884K | $12.7M | 20x |
| Short | Gate 4_USDT | 0.02035 | 0.0162 | get 0.0081% / 4h | 2h 40m | $547K | $266K | 20x |
KuCoin 4USDTM
Gate 4_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
- −$85.26
- Price spread: +0.049% → +0.071%
- −$2.15
- Slippage, 4 orders
- −$1,717.95
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,832.36
- Costs to cover
- 17.449%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Gate: live order book, 26 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, 3 min ago | 9.63 bp | 388.5 bp −$388 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 26 min ago | 6.48 bp | 508.4 bp −$508 | doesn't fit | doesn't fit | doesn't fit |
4 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02036 | +0.102% | $47K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02037 | +0.147% | $1K | $1.2M | 20x | as long as short |
| Gate 4_USDTshort | +0.0162% | 4h | 0.02035 | +0.049% | $547K | $266K | 20x | |
| Bybit 4USDT | +0.0168% | 4h | 0.02022 | −0.610% | $2.6M | $1.9M | 5x | as long as short |
| Aster 4USDT | +0.0382% | 4h | 0.02035 | +0.039% | $238K | $112K | 5x | as long as short |
| Binance 4USDT | +0.0535% | 4h | 0.02029 | −0.250% | $7.8M | $12.1M | 20x | as long as short |
| MEXC 4_USDT | +0.0562% | 4h | 0.02038 | +0.197% | $1.5M | $895K | 100x | as long as short |
| KuCoin 4USDTMlong | +0.0568% | 4h | 0.02034 | long leg | $884K | $12.7M | 20x | |
| BingX 4-USDT | +0.0574% | 4h | 0.02033 | −0.025% | — | $1.4M | — | as long as short |
Variational Omni 4
SunX 4-USDT
Bybit 4USDT
Aster 4USDT
Binance 4USDT
MEXC 4_USDT
BingX 4-USDT