Funding you earn now, next payment 04:00 UTC−0.1172%/8h= −128.3% APRnext payment −$5.86 per $10,000 · paid last 24h +0.055%
Price spread now: Gate against KuCoin0.000%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$648as in the Funding arb table
Net, price: spread back to 7d avg − costs−$664as in the Price arb table
costs, in and out, $10k−$6586.582% of the position
Funding, last 7 days+0.102%+$10 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now 0.000%, 7d avg +0.055%
=Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and Gate is 0.055% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.055%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.102%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.102% in total (about 5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.86 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 IDUSDTM | 0.03783 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $1.1M | $67K | 30x |
| Short | Gate ID_USDT | 0.03783 | −0.1072 | pay 0.0536% / 4h | 3h 25m | $250K | $240K | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$246.12
- Price spread: 0.000% → +0.055%
- −$5.48
- Slippage, 4 orders
- −$631.21
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$909.81
- Costs to cover
- 6.582%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Gate: live order book, 41 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, 4 min ago | 10.60 bp | 185.1 bp −$185 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 41 min ago | 5.32 bp | 40.9 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ID_USDTshort | −0.1072% | 4h | 0.03783 | 0.000% | $250K | $240K | 25x | |
| Aster IDUSDT | +0.0100% | 4h | 0.03791 | +0.203% | $9K | $147 | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03785 | +0.053% | $2.4M | $3.6M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03790 | +0.185% | $1.4M | $1.1M | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03785 | +0.053% | $447K | $170K | 20x | as long as short |
| KuCoin IDUSDTMlong | +0.0100% | 4h | 0.03783 | long leg | $1.1M | $67K | 30x | |
| Bitget IDUSDT | +0.0100% | 4h | 0.03789 | +0.159% | $805K | $606K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03784 | +0.026% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03785 | +0.063% | $12K | $20K | — | as long as short |
| BloFin ID-USDT | +0.0144% | 4h | 0.03773 | −0.264% | $160K | $13K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0726% | 1h | 0.03787 | +0.111% | $4K | $2K | 10x | as long as short |
KuCoin IDUSDTM
Gate ID_USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
MEXC ID_USDT
Bitget IDUSDT
BingX ID-USDT
Variational Omni ID
BloFin ID-USDT
Kraken Futures PF_IDUSD