Funding you earn now, next payment 00:00 UTC+0.0660%/8h= +72.3% APRnext payment +$3.30 per $10,000 · paid last 24h +0.043%
Price spread now: Gate against KuCoin+0.118%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,359as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,352as in the Price arb table
costs, in and out, $10k−$1,36213.617% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.118%, 7d avg +0.023%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Gate is 0.096% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.023%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.023% in total (about 1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.30 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 GWEIUSDTM | 0.02283 | 0.0166 | pay 0.0083% / 4h | 1h 46m | $452K | $17K | 20x |
| Short | Gate GWEI_USDT | 0.02285 | 0.0826 | get 0.0413% / 4h | 1h 46m | $377K | $387K | 10x |
KuCoin GWEIUSDTM
Gate GWEI_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
- $138.6
- Price spread: +0.118% → +0.023%
- $9.56
- Slippage, 4 orders
- −$1,334.7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,213.54
- Costs to cover
- 13.617%
- Break-even
- 68.3 days
Slippage from KuCoin: live order book, 25 min ago; Gate: live order book, 34 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, 25 min ago | 52.16 bp | 813.8 bp −$814 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 34 min ago | 5.70 bp | 64.4 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
GWEI on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GWEI | +0.0100% | 4h | 0.02289 | +0.289% | $4K | $55 | — | as long as short |
| KuCoin GWEIUSDTMlong | +0.0166% | 4h | 0.02283 | long leg | $452K | $17K | 20x | |
| Bitget GWEIUSDT | +0.0574% | 4h | 0.02293 | +0.451% | $1.9M | $210K | 20x | as long as short |
| Extended GWEI-USD | +0.0600% | 1h | 0.02292 | +0.413% | $3K | $142K | 5x | as long as short |
| MEXC GWEI_USDT | +0.0602% | 4h | 0.02292 | +0.407% | $101K | $85K | 20x | as long as short |
| Binance GWEIUSDT | +0.0606% | 4h | 0.02293 | +0.447% | $2.4M | $2.6M | 50x | as long as short |
| BloFin GWEI-USDT | +0.0642% | 4h | 0.02285 | +0.101% | $171K | $28K | 50x | as long as short |
| Gate GWEI_USDTshort | +0.0826% | 4h | 0.02285 | +0.118% | $377K | $387K | 10x | |
| BingX GWEI-USDT | +0.0902% | 4h | 0.02289 | +0.276% | — | $1.6M | — | as long as short |
| Bybit GWEIUSDT | +0.0923% | 4h | 0.02294 | +0.495% | $371K | $114K | 25x | as long as short |
Variational Omni GWEI
Bitget GWEIUSDT
Extended GWEI-USD
MEXC GWEI_USDT
Binance GWEIUSDT
BloFin GWEI-USDT
BingX GWEI-USDT
Bybit GWEIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1707% | 4h | 0.02292 | +0.412% | $16K | $15K | 10x | as long as short |
Aster GWEIUSDT