Funding you earn now, next payment 08:00 UTC−0.0656%/8h= −71.8% APRnext payment −$6.56 per $10,000 · paid last 24h +0.107%
Price spread now: Gate against KuCoin+0.309%7-day average −0.271% · you sell dearer than you buy
Net, funding: paid 7d − costs−$372as in the Funding arb table
Net, price: spread back to 7d avg − costs−$272as in the Price arb table
costs, in and out, $10k−$3303.301% of the position
Funding, last 7 days−0.424%−$42 on $10k
+Price spread, last 7 days−0.774%−$77 · spread now +0.309%, 7d avg −0.271%
=The price spread pays, funding is against you. Gate is 0.581% dearer against KuCoin than usual: you sell high and buy low (spread +0.309% now, against its 7-day average of −0.271%): +$58 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 7 days (−0.424% in total) that is about 9.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.424% in total (about -22.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.56 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 CELRUSDTM | 0.003234 | −0.6045 | get 0.6045% / 8h | 4h 15m | $422K | $4.1M | 25x |
| Short | Gate CELR_USDT | 0.003244 | −0.6701 | pay 0.6701% / 8h | 4h 15m | $235K | $1.2M | 25x |
KuCoin CELRUSDTM
Gate CELR_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
- −$137.76
- Price spread: +0.309% → −0.271%
- $58.06
- Slippage, 4 orders
- −$303.06
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$409.76
- Costs to cover
- 3.301%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago | 4.63 bp | 81.3 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 4.62 bp | 50.2 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
CELR 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CELRUSD | −0.8989% | 1h | 0.003257 | +0.705% | $35K | $57K | 10x | as long as short |
| Gate CELR_USDTshort | −0.6701% | 8h | 0.003244 | +0.309% | $235K | $1.2M | 25x | |
| Binance CELRUSDT | −0.6076% | 8h | 0.003237 | +0.079% | $3.7M | $47.3M | 25x | as long as short |
| MEXC CELR_USDT | −0.6046% | 8h | 0.003237 | +0.093% | $532K | $1.5M | 50x | as long as short |
| KuCoin CELRUSDTMlong | −0.6045% | 8h | 0.003234 | long leg | $422K | $4.1M | 25x | |
| BloFin CELR-USDT | −0.6020% | 8h | 0.003249 | +0.464% | $360K | $396K | 25x | as long as short |
| Bitget CELRUSDT | −0.5589% | 8h | 0.003241 | +0.216% | $628K | $4.6M | 25x | as long as short |
| BingX CELR-USDT | −0.3840% | 8h | 0.003237 | +0.093% | — | $2.7M | — | as long as short |
Kraken Futures PF_CELRUSD
Binance CELRUSDT
MEXC CELR_USDT
BloFin CELR-USDT
Bitget CELRUSDT
BingX CELR-USDT