data as of
Settings8H · net · $10k
Funding arb /

USDC

all USDC markets
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Funding spread now, next payment 16:00 UTC+0.0246%/8h
next payment, per $10,000+$2.46paid, last 24h+0.090%paid, last 7 days+0.219%to open and close $10k−$48
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin USDCUSDTM0.9990−0.0146get 0.0146% / 8h2h 34m$2.5M$25K30x
ShortGate USDC_USDT0.99970.0100get 0.0100% / 8h2h 34m$253K$20K50x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$51.66
Slippage, 4 orders
−$20.77
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$3.89
Break-even
6.5 days
Slippage from KuCoin: live order book, 8 min ago; Gate: live order book, 21 min ago.

Price risk

price view
Price gap now
+0.067%
Avg gap 7d
+0.006%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 8 min ago4.50 bp10.5 bp −$1110.6 bp −$106doesn't fitdoesn't fit
Sell Gate live order book, 21 min ago3.50 bp11.9 bp −$12doesn't fitdoesn't fitdoesn't fit

USDC on 8 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
KuCoin USDCUSDTMlong−0.0146%8h$2.5M$25K30x
Bitget USDCUSDT−0.0055%8h$4.3M$14K50xas long as short
Binance USDCUSDT−0.0044%8h$4.4M$2.7M50xas long as short
MEXC USDC_USDT−0.0043%8h$16.4M$191K200xas long as short
Kraken Futures PF_USDCUSD−0.0033%1h$14K$11250xas long as short
Bybit USDCUSDT0.0000%8h$9.5M$406K50xas long as short
OKX USDC-USDT-SWAP0.0000%8h$1.1M$38K50xas long as short
Gate USDC_USDTshort+0.0100%8h$253K$20K50x