Funding you earn now, next payment 12:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.069%
Price spread now: Gate against KuCoin+0.189%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$828as in the Funding arb table
Net, price: spread back to 7d avg − costs−$771as in the Price arb table
costs, in and out, $10k−$7937.934% of the position
Funding, last 7 days−0.350%−$35 on $10k
+Price spread, last 4 days (all we have)−0.210%−$21 · spread now +0.189%, 7d avg −0.031%
=The price spread pays, funding is against you. Gate is 0.220% dearer against KuCoin than usual: you sell high and buy low (spread +0.189% now, against its 7-day average of −0.031%): +$22 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 41 days. At the pace of the last 7 days (−0.350% in total) that is about 4.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LAUSDTM | 0.07402 | −0.0632 | get 0.0316% / 4h | 1h 50m | $1.0M | $68K | 30x |
| Short | Gate LA_USDT | 0.07416 | −0.0650 | pay 0.0325% / 4h | 1h 50m | $220K | $780K | 50x |
KuCoin LAUSDTM
Gate LA_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
- −$3.78
- Price spread: +0.189% → −0.031%
- $22
- Slippage, 4 orders
- −$766.38
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$775.16
- Costs to cover
- 7.934%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 58 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, 2 min ago | 6.07 bp | 191.1 bp −$191 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 58 min ago | 4.00 bp | 47.7 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
LA on 11 exchanges
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 LA_USDTshort | −0.0650% | 4h | 0.07416 | +0.189% | $220K | $780K | 50x | |
| KuCoin LAUSDTMlong | −0.0632% | 4h | 0.07402 | long leg | $1.0M | $68K | 30x | |
| Aster LAUSDT | +0.0001% | 4h | 0.07405 | +0.034% | $51K | $22K | 5x | as long as short |
| BingX LA-USDT | +0.0036% | 4h | 0.07411 | +0.122% | — | $6.5M | — | as long as short |
| BloFin LA-USDT | +0.0050% | 4h | 0.07406 | +0.054% | $247K | $21K | 25x | as long as short |
| Bitget LAUSDT | +0.0054% | 4h | 0.07402 | 0.000% | $2.0M | $360K | 25x | as long as short |
| MEXC LA_USDT | +0.0064% | 4h | 0.07411 | +0.122% | $365K | $123K | 50x | as long as short |
| Binance LAUSDT | +0.0066% | 4h | 0.07411 | +0.118% | $4.7M | $8.0M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0081% | 4h | 0.07417 | +0.203% | $1.4M | $2.4M | 20x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07412 | +0.135% | $2.4M | $2.1M | 25x | as long as short |
Aster LAUSDT
BingX LA-USDT
BloFin LA-USDT
Bitget LAUSDT
MEXC LA_USDT
Binance LAUSDT
OKX LA-USDT-SWAP
Bybit LAUSDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07410 | +0.108% | $150K | $416K | 10x | as long as short |
GRVT LA_USDT_Perp