Funding you earn now, next payment 03:00 UTC−0.4160%/8h= −455.5% APRnext payment −$5.20 per $10,000 · paid last 24h −0.958%
Price spread now: Gate against KuCoin+0.355%7-day average +0.174% · you sell dearer than you buy
Net, funding: paid 7d − costs−$434as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1981.985% of the position
Funding, last 7 days−2.359%−$236 on $10k
+Price spread, last 7 days−0.444%−$44 · spread now +0.355%, 7d avg +0.174%
=The price spread pays, funding is against you. Gate is 0.181% dearer against KuCoin than usual: you sell high and buy low (spread +0.355% now, against its 7-day average of +0.174%): +$18 on $10k if it goes back. Holding the pair costs −$125 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−2.359% in total) that is about 13 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.359% in total (about -123.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.20 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 GUSDTM | 0.006198 | −0.8520 | get 0.1065% / 1h | 30m 37s | $1.5M | $1.4M | 30x |
| Short | Gate G_USDT | 0.006220 | −1.2680 | pay 0.1585% / 1h | 30m 37s | $965K | $4.7M | 25x |
KuCoin GUSDTM
Gate G_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
- −$873.6
- Price spread: +0.355% → +0.174%
- $18.14
- Slippage, 4 orders
- −$171.49
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,053.95
- Costs to cover
- 1.985%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Gate: live order book, 3 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, 5 min ago | 2.43 bp | 113.0 bp −$113 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 2.41 bp | 24.8 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
G on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GUSDT | −1.6096% | 1h | 0.006242 | +0.710% | $1.4M | $7.7M | 50x | as long as short |
| Binance GUSDT | −1.5901% | 1h | 0.006232 | +0.549% | $9.2M | $68.5M | 50x | as long as short |
| MEXC G_USDT | −1.5896% | 1h | 0.006234 | +0.581% | $3.8M | $1.2M | 20x | as long as short |
| Aster GUSDT | −1.4925% | 1h | 0.006247 | +0.789% | $633K | $1.7M | 5x | as long as short |
| Gate G_USDTshort | −1.2680% | 1h | 0.006220 | +0.355% | $965K | $4.7M | 25x | |
| KuCoin GUSDTMlong | −0.8520% | 1h | 0.006198 | long leg | $1.5M | $1.4M | 30x | |
| BingX G-USDT | −0.3888% | 1h | 0.006260 | +1.000% | — | $3.0M | — | as long as short |
Bitget GUSDT
Binance GUSDT
MEXC G_USDT
Aster GUSDT
BingX G-USDT