Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Gate+0.072%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$990as in the Funding arb table
Net, price: spread back to 7d avg − costs−$984as in the Price arb table
costs, in and out, $10k−$9909.903% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)+0.135%+$14 · spread now +0.072%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.063% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate USUAL_USDT | 0.01391 | 0.0100 | pay 0.0100% / 8h | 36m 55s | $941K | $103K | 50x |
| Short | KuCoin USUALUSDTM | 0.01392 | 0.0100 | get 0.0050% / 4h | 36m 55s | $267K | $47K | 20x |
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
- $0
- Price spread: +0.072% → +0.009%
- $6.26
- Slippage, 4 orders
- −$963.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$984.06
- Costs to cover
- 9.903%
- Break-even
- never at this rate
Slippage from Gate: live order book, 65 min ago; KuCoin: live order book, 65 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, 65 min ago | 7.20 bp | 153.9 bp −$154 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 65 min ago | 10.81 bp | 445.9 bp −$446 | doesn't fit | doesn't fit | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.3920% | 1h | 0.01378 | −0.935% | $6K | $3K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | +0.0011% | 1h | 0.01390 | −0.070% | $112K | $21K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01390 | −0.072% | $395K | $182K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01389 | −0.159% | $2.2M | $3.1M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01390 | −0.058% | $1.0M | $754K | 25x | as long as short |
| Gate USUAL_USDTlong | +0.0100% | 8h | 0.01391 | long leg | $941K | $103K | 50x | |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01389 | −0.129% | $6.1M | $255K | 100x | as long as short |
| KuCoin USUALUSDTMshort | +0.0100% | 4h | 0.01392 | +0.072% | $267K | $47K | 20x | |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01391 | 0.000% | $803K | $390K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01391 | +0.007% | — | $1.2M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01397 | +0.451% | $11K | $1K | — | as long as short |
Gate USUAL_USDT
KuCoin USUALUSDTM
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
MEXC USUAL_USDT
Bitget USUALUSDT
BingX USUAL-USDT
Variational Omni USUAL