Funding arb · Price arb /

ALT

all ALT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against Gate+0.186%7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,276as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,264as in the Price arb table

costs, in and out, $10k−$1,27612.760% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.125%−$13 · spread now +0.186%, 7d avg +0.065%

Together, before fees−0.125%−$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.121% dearer against Gate than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ALT_USDT	0.007530	0.0100	pay 0.0100% / 8h	1h 45m	$49K	$382K	25x
Short	KuCoin ALTUSDTM	0.007544	0.0100	get 0.0050% / 4h	1h 45m	$145K	$19K	30x

Funding 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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now +0.186%Rate

Funding earned: $0
Price spread: +0.186% → +0.065%: $12.1
Slippage, 4 orders: −$1,248.99
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,263.89
Costs to cover: 12.760%
Break-even: never at this rate

Slippage from Gate: live order book, 59 min ago; KuCoin: live order book, 69 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, 59 min ago	3.30 bp	376.8 bp −$377	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 69 min ago	7.88 bp	229.2 bp −$229	doesn't fit	doesn't fit	doesn't fit

ALT on 14 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
Kraken Futures PF_ALTUSD	−0.0426%	1h	0.007540	+0.136%	$44K	$8K	10x	as long as short
Deribit ALT_USDC-PERPETUAL	−0.0015%	1h	0.007539	+0.120%	—	$0	25x	as long as short
Variational Omni ALT	+0.0017%	4h	0.007540	+0.130%	$4K	$16K	—	as long as short
Injective ALT/USDC PERP	+0.0033%	1h	0.007691	+2.138%	$837	$22	5.5x	as long as short
Hyperliquid ALT	+0.0100%	1h	0.007537	+0.093%	$1.1M	$139K	3x	as long as short
Binance ALTUSDT	+0.0100%	4h	0.007539	+0.120%	$2.6M	$3.4M	50x	as long as short
Bybit ALTUSDT	+0.0100%	4h	0.007530	0.000%	$1.2M	$1.8M	25x	as long as short
Gate ALT_USDTlong	+0.0100%	8h	0.007530	long leg	$49K	$382K	25x
MEXC ALT_USDT	+0.0100%	4h	0.007538	+0.106%	$379K	$168K	50x	as long as short
KuCoin ALTUSDTMshort	+0.0100%	4h	0.007544	+0.186%	$145K	$19K	30x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ALTUSDT	+0.0100%	4h	0.007530	0.000%	$604K	$129K	50x	as long as short
BingX ALT-USDT	+0.0100%	4h	0.007540	+0.133%	—	$1.3M	—	as long as short
BloFin ALT-USDT	+0.0124%	4h	0.007558	+0.372%	$170K	$9K	50x	as long as short
Coinbase International ALT-PERP-INTX	+0.0424%	1h	0.007691	+2.138%	$14K	$2K	50x	as long as short