Funding you earn now, next payment 08:00 UTC+0.0312%/8h= +34.2% APRnext payment +$1.56 per $10,000 · paid last 24h +0.077%
Price spread now: KuCoin against Gate−0.013%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$481as in the Funding arb table
Net, price: spread back to 7d avg − costs−$522as in the Price arb table
costs, in and out, $10k−$5175.171% of the position
Funding, last 7 days+0.365%+$36 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.013%, 7d avg +0.033%
=Funding pays, the price is against you. KuCoin is 0.046% cheaper against Gate than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.033%). If the spread goes back, that is −$5 on $10k: about 12 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LA_USDT | 0.07408 | −0.0372 | get 0.0186% / 4h | 1h 47m | $230K | $809K | 50x |
| Short | KuCoin LAUSDTM | 0.07407 | −0.0060 | pay 0.0030% / 4h | 1h 47m | $1.0M | $79K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $65.52
- Price spread: −0.013% → +0.033%
- −$4.6
- Slippage, 4 orders
- −$490.06
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$456.15
- Costs to cover
- 5.171%
- Break-even
- 55.7 days
Slippage from Gate: live order book, 59 min ago; KuCoin: 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 Gate live order book, 59 min ago | 2.70 bp | 38.5 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 6.76 bp | 292.0 bp −$292 | doesn't fit | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0478% | 4h | 0.07406 | −0.027% | $2.0M | $462K | 25x | as long as short |
| BingX LA-USDT | −0.0462% | 4h | 0.07407 | −0.013% | — | $6.6M | — | as long as short |
| Gate LA_USDTlong | −0.0372% | 4h | 0.07408 | long leg | $230K | $809K | 50x | |
| Aster LAUSDT | −0.0218% | 4h | 0.07406 | −0.024% | $51K | $23K | 5x | as long as short |
| BloFin LA-USDT | −0.0173% | 4h | 0.07416 | +0.108% | $248K | $20K | 25x | as long as short |
| MEXC LA_USDT | −0.0122% | 4h | 0.07408 | 0.000% | $386K | $132K | 50x | as long as short |
| Binance LAUSDT | −0.0104% | 4h | 0.07409 | +0.009% | $4.7M | $9.6M | 25x | as long as short |
| KuCoin LAUSDTMshort | −0.0060% | 4h | 0.07407 | −0.013% | $1.0M | $79K | 30x | |
| OKX LA-USDT-SWAP | +0.0008% | 4h | 0.07404 | −0.054% | $1.4M | $2.9M | 20x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07411 | +0.040% | $2.4M | $2.6M | 25x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07400 | −0.108% | $146K | $440K | 10x | as long as short |
Gate LA_USDT
KuCoin LAUSDTM
Bitget LAUSDT
BingX LA-USDT
Aster LAUSDT
BloFin LA-USDT
MEXC LA_USDT
Binance LAUSDT
OKX LA-USDT-SWAP
Bybit LAUSDT
GRVT LA_USDT_Perp