Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against KuCoin+0.072%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,064as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,055as in the Price arb table
costs, in and out, $10k−$1,06310.633% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.321%−$32 · spread now +0.072%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.087% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin USUALUSDTM | 0.01388 | 0.0100 | pay 0.0050% / 4h | 1h 29m | $273K | $56K | 20x |
| Short | Gate USUAL_USDT | 0.01389 | 0.0100 | get 0.0100% / 8h | 5h 29m | $938K | $102K | 50x |
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
- $0
- Price spread: +0.072% → −0.015%
- $8.7
- Slippage, 4 orders
- −$1,036.29
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,054.59
- Costs to cover
- 10.633%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 66 min ago; Gate: live order book, 32 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, 66 min ago | 21.71 bp | 266.5 bp −$267 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 32 min ago | 3.61 bp | 130.8 bp −$131 | 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 | −0.4981% | 1h | 0.01365 | −1.657% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0748% | 1h | 0.01388 | −0.024% | $113K | $18K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01389 | +0.072% | $397K | $179K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01388 | +0.012% | $2.2M | $3.2M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01389 | +0.050% | $1.1M | $743K | 25x | as long as short |
| Gate USUAL_USDTshort | +0.0100% | 8h | 0.01389 | +0.072% | $938K | $102K | 50x | |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01388 | +0.029% | $6.1M | $229K | 100x | as long as short |
| KuCoin USUALUSDTMlong | +0.0100% | 4h | 0.01388 | long leg | $273K | $56K | 20x | |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01389 | +0.072% | $830K | $375K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01387 | −0.072% | — | $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 | 0.01388 | +0.019% | $10K | $208 | — | as long as short |
KuCoin USUALUSDTM
Gate USUAL_USDT
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