Funding you earn now, next payment 00:00 UTC+0.0792%/8h= +86.7% APRnext payment +$3.96 per $10,000 · paid last 24h +0.151%
Price spread now: KuCoin against Gate+0.036%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1371.366% of the position
Funding, last 7 days+0.996%+$100 on $10k
+Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.036%, 7d avg −0.016%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and KuCoin is 0.053% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CVC_USDT | 0.02748 | −0.0692 | get 0.0346% / 4h | 1h 03m | $211K | $313K | 25x |
| Short | KuCoin CVCUSDTM | 0.02749 | 0.0100 | get 0.0050% / 4h | 1h 03m | $1.4M | $397K | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $166.32
- Price spread: +0.036% → −0.016%
- $5.26
- Slippage, 4 orders
- −$109.56
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $35.03
- Costs to cover
- 1.366%
- Break-even
- 5.5 days
Slippage from Gate: live order book, 11 min ago; KuCoin: 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 Gate live order book, 11 min ago | 1.83 bp | 27.6 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 3.64 bp | 38.9 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDTlong | −0.0692% | 4h | 0.02748 | long leg | $211K | $313K | 25x | |
| BingX CVC-USDT | −0.0210% | 4h | 0.02740 | −0.291% | — | $2.4M | — | as long as short |
| Bitget CVCUSDT | −0.0198% | 4h | 0.02749 | +0.036% | $462K | $476K | 50x | as long as short |
| MEXC CVC_USDT | −0.0036% | 4h | 0.02749 | +0.036% | $655K | $125K | 20x | as long as short |
| Binance CVCUSDT | −0.0032% | 4h | 0.02749 | +0.047% | $3.0M | $5.7M | 50x | as long as short |
| Bybit CVCUSDT | +0.0100% | 1h | 0.02730 | −0.655% | $1.7M | $1.4M | 25x | as long as short |
| KuCoin CVCUSDTMshort | +0.0100% | 4h | 0.02749 | +0.036% | $1.4M | $397K | 30x | |
| Variational Omni CVC | +0.0100% | 1h | 0.02725 | −0.832% | $1K | $370 | — | as long as short |
Gate CVC_USDT
KuCoin CVCUSDTM
BingX CVC-USDT
Bitget CVCUSDT
MEXC CVC_USDT
Binance CVCUSDT
Bybit CVCUSDT
Variational Omni CVC