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

ESPORTS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0288%/8h= +31.5% APRnext payment +$1.44 per $10,000 · paid last 24h −0.120%
Price spread now: Gate against KuCoin+0.291%7-day average +0.271% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,977as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,971as in the Price arb table
costs, in and out, $10k−$2,97329.733% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 4 days (all we have)+0.262%+$26 · spread now +0.291%, 7d avg +0.271%
Together, before fees+0.228%+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.271%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.033% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.44 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ESPORTSUSDTM0.010320.0570pay 0.0285% / 4h3h 43m$777K$40K10x
ShortGate ESPORTS_USDT0.010350.0858get 0.0429% / 4h3h 43m$372K$563K10x

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

Profit calculator

Funding earned
$60.48
Price spread: +0.291% → +0.271%
$1.97
Slippage, 4 orders
−$2,946.34
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$2,910.89
Costs to cover
29.733%
Break-even
343.9 days
Slippage from KuCoin: live order book, 45 min ago; Gate: live order book, 7 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 KuCoin live order book, 45 min ago19.36 bp572.7 bp −$573doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 7 min ago9.64 bp648.0 bp −$648doesn't fitdoesn't fitdoesn't fit

ESPORTS 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
Variational Omni ESPORTS+0.0100%4h0.01036+0.370%$31K$507as long as short
Bybit ESPORTSUSDT+0.0459%4h0.01035+0.291%$1.8M$1.1M10xas long as short
KuCoin ESPORTSUSDTMlong+0.0570%4h0.01032long leg$777K$40K10x
Aster ESPORTSUSDT+0.0604%4h0.01033+0.063%$126K$88K5xas long as short
Gate ESPORTS_USDTshort+0.0858%4h0.01035+0.291%$372K$563K10x
BingX ESPORTS-USDT+0.0948%4h0.01034+0.194%$1.4Mas long as short
MEXC ESPORTS_USDT+0.0978%4h0.01034+0.194%$1.4M$190K20xas long as short
Binance ESPORTSUSDT+0.0987%4h0.01034+0.194%$5.8M$4.7M10xas long as short