Funding you earn now, next payment 12:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.005%
Price spread now: Gate against KuCoin−0.099%7-day average −0.022% · 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−$479as in the Price arb table
costs, in and out, $10k−$4714.712% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now −0.099%, 7d avg −0.022%
=Funding pays, the price is against you. Gate is 0.077% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of −0.022%). If the spread goes back, that is −$8 on $10k: about 5.1 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.093%, 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 UBUSDTM | 0.1463 | 0.0050 | pay 0.0025% / 4h | 3h 19m | $1.1M | $965K | 20x |
| Short | Gate UB_USDT | 0.1462 | 0.0100 | get 0.0050% / 4h | 3h 19m | $1.5M | $3.2M | 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
- $10.5
- Price spread: −0.099% → −0.022%
- −$7.68
- Slippage, 4 orders
- −$444.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$468.41
- Costs to cover
- 4.712%
- Break-even
- 319.3 days
Slippage from KuCoin: live order book, 5 min ago; Gate: live order book, 4 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, 5 min ago | 15.85 bp | 228.5 bp −$228 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 7.53 bp | 73.7 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
UB on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin UBUSDTMlong | +0.0050% | 4h | 0.1463 | long leg | $1.1M | $965K | 20x | |
| BloFin UB-USDT | +0.0061% | 4h | 0.1466 | +0.202% | $157K | $813K | 50x | as long as short |
| Binance UBUSDT | +0.0100% | 4h | 0.1465 | +0.118% | $3.0M | $14.1M | 50x | as long as short |
| Bybit UBUSDT | +0.0100% | 4h | 0.1462 | −0.048% | $924K | $2.1M | 20x | as long as short |
| OKX UB-USDT-SWAP | +0.0100% | 4h | 0.1462 | −0.079% | $1.3M | $11.4M | 20x | as long as short |
| Gate UB_USDTshort | +0.0100% | 4h | 0.1462 | −0.099% | $1.5M | $3.2M | 25x | |
| MEXC UB_USDT | +0.0100% | 4h | 0.1465 | +0.113% | $597K | $637K | 100x | as long as short |
| Bitget UBUSDT | +0.0100% | 4h | 0.1464 | +0.058% | $2.4M | $2.9M | 50x | as long as short |
| BingX UB-USDT | +0.0100% | 4h | 0.1464 | +0.051% | — | $2.6M | — | as long as short |
| Variational Omni UB | +0.0100% | 4h | 0.1464 | +0.091% | $418 | $8K | — | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX UBUSDC | +0.0100% | 4h | 0.1466 | +0.236% | $37K | $273K | 10x | as long as short |
| HTX UB-USDT | +0.0100% | 4h | 0.1465 | +0.147% | $16K | $340K | 20x | as long as short |
| Extended UB-USD | +0.0104% | 1h | 0.1464 | +0.074% | $3K | $225K | 5x | as long as short |
| Aster UBUSDT | +0.0184% | 4h | 0.1465 | +0.158% | $398K | $104K | 5x | as long as short |
KuCoin UBUSDTM
Gate UB_USDT
BloFin UB-USDT
Binance UBUSDT
Bybit UBUSDT
OKX UB-USDT-SWAP
MEXC UB_USDT
Bitget UBUSDT
BingX UB-USDT
Variational Omni UB
edgeX UBUSDC
HTX UB-USDT
Extended UB-USD
Aster UBUSDT