Settings8H · net · $10k
Funding arb · Price arb /

CP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate+0.428%7-day average +0.187% · you sell dearer than you buy
Net, funding: paid 7d − costs−$551as in the Funding arb table
Net, price: spread back to 7d avg − costs−$532as in the Price arb table
costs, in and out, $10k−$5565.557% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 4 days (all we have)−0.225%−$23 · spread now +0.428%, 7d avg +0.187%
Together, before fees−0.179%−$18 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 0.241% dearer against Gate than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.187%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CP_USDT0.014010.0100pay 0.0050% / 4h52m 23s$597K$535K20x
ShortKuCoin CPUSDTM0.014070.0100get 0.0050% / 4h52m 23s$205K$918K20x

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

Funding earned
$0
Price spread: +0.428% → +0.187%
$24.11
Slippage, 4 orders
−$528.71
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$531.6
Costs to cover
5.557%
Break-even
never at this rate
Slippage from Gate: live order book, 49 min ago; KuCoin: live order book, 42 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 49 min ago7.09 bp89.0 bp −$89doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 42 min ago10.60 bp192.5 bp −$192doesn't fitdoesn't fitdoesn't fit

CP on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CP-USDT+0.0070%4h0.01405+0.286%$1.0Mas long as short
Bybit CPUSDT+0.0100%4h0.01406+0.357%$1.7M$3.2M20xas long as short
OKX CP-USDT-SWAP+0.0100%4h0.01404+0.214%$3.9M$11.9M20xas long as short
Gate CP_USDTlong+0.0100%4h0.01401long leg$597K$535K20x
MEXC CP_USDT+0.0100%4h0.01404+0.214%$1.5M$397K20xas long as short
KuCoin CPUSDTMshort+0.0100%4h0.01407+0.428%$205K$918K20x
Bitget CPUSDT+0.0100%4h0.01404+0.178%$794K$1.7M20xas long as short
BloFin CP-USDT+0.0152%4h0.01405+0.286%$429$43K20xas long as short