Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.003%
Price spread now: Gate against KuCoin0.000%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1771.773% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now 0.000%, 7d avg +0.095%
=Funding pays, the price is against you. Gate is 0.095% cheaper against KuCoin than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.095%). If the spread goes back, that is −$10 on $10k: about 4.7 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.137%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GMTUSDTM | 0.008330 | 0.0032 | pay 0.0016% / 4h | 1h 03m | $253K | $100K | 50x |
| Short | Gate GMT_USDT | 0.008330 | 0.0100 | get 0.0100% / 8h | 1h 03m | $146K | $105K | 50x |
KuCoin GMTUSDTM
Gate GMT_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
- $14.28
- Price spread: 0.000% → +0.095%
- −$9.52
- Slippage, 4 orders
- −$150.29
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$172.53
- Costs to cover
- 1.773%
- Break-even
- 91.6 days
Slippage from KuCoin: live order book, 67 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 67 min ago | 18.02 bp | 44.4 bp −$44 | 266.1 bp −$2,661 | doesn't fit | doesn't fit |
| Sell Gate live order book, 7 min ago | 6.01 bp | 45.4 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
GMT on 12 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_GMTUSD | −0.0995% | 1h | 0.008345 | +0.177% | $45K | $10K | 20x | as long as short |
| KuCoin GMTUSDTMlong | +0.0032% | 4h | 0.008330 | long leg | $253K | $100K | 50x | |
| Hyperliquid GMT | +0.0100% | 1h | 0.008345 | +0.180% | $123K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008335 | +0.056% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008342 | +0.142% | $2.6M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008338 | +0.096% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008340 | +0.120% | $345K | $552K | 20x | as long as short |
| Gate GMT_USDTshort | +0.0100% | 8h | 0.008330 | 0.000% | $146K | $105K | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008341 | +0.132% | $422K | $186K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008335 | +0.060% | $671K | $400K | 50x | as long as short |
Kraken Futures PF_GMTUSD
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008333 | +0.036% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008326 | −0.050% | $3K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT