Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.121%
Price spread now: KuCoin against Gate−0.268%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$608as in the Funding arb table
Net, price: spread back to 7d avg − costs−$642as in the Price arb table
costs, in and out, $10k−$6226.221% of the position
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 4 days (all we have)+0.343%+$34 · spread now −0.268%, 7d avg −0.068%
=Funding pays, the price is against you. KuCoin is 0.200% cheaper against Gate than usual: you would sell low and buy high (spread −0.268% now, against its 7-day average of −0.068%). If the spread goes back, that is −$20 on $10k: about 6.7 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BX_USDT | 126.79 | 0 | get 0.0000% / 8h | 8m 45s | $423K | $25K | 20x |
| Short | KuCoin BXUSDTM | 126.45 | 0.0100 | get 0.0100% / 8h | 8m 45s | $110K | $771K | 20x |
Gate BX_USDT
KuCoin BXUSDTMFunding 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
- $21
- Price spread: −0.268% → −0.068%
- −$20.01
- Slippage, 4 orders
- −$595.14
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$621.15
- Costs to cover
- 6.221%
- Break-even
- 214.0 days
Slippage from Gate: live order book, 27 min ago; KuCoin: live order book, 56 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, 27 min ago | 15.81 bp | 41.0 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 56 min ago | 3.56 bp | 189.6 bp −$190 | doesn't fit | doesn't fit | doesn't fit |
BX 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BXUSDT | 0.0000% | 8h | 126.38 | −0.327% | $5K | $868 | 20x | as long as short |
| Binance BXUSDT | 0.0000% | 8h | 126.71 | −0.064% | $772K | $499K | 20x | as long as short |
| Bybit BXUSDT | 0.0000% | 8h | 126.65 | −0.110% | $481K | $804K | 25x | as long as short |
| OKX BX-USDT-SWAP | 0.0000% | 8h | 126.61 | −0.142% | $164K | $114K | 20x | as long as short |
| QFEX BX-USD | 0.0000% | 1h | 126.91 | +0.095% | $1.1M | $1.4M | 10x | as long as short |
| Gate BX_USDTlong | 0.0000% | 8h | 126.79 | long leg | $423K | $25K | 20x | |
| Bitget BXUSDT | 0.0000% | 8h | 126.73 | −0.047% | $901K | $28K | 20x | as long as short |
| Variational Omni BX | 0.0000% | 8h | 126.69 | −0.080% | $43K | $12K | — | as long as short |
| SunX BX-USDT | 0.0000% | 8h | 126.69 | −0.079% | $992 | $302K | 10x | as long as short |
| HTX BX-USDT | 0.0000% | 8h | 126.42 | −0.292% | $7K | $4K | 20x | as long as short |
Aster BXUSDT
Binance BXUSDT
Bybit BXUSDT
OKX BX-USDT-SWAP
QFEX BX-USD
Bitget BXUSDT
Variational Omni BX
SunX BX-USDT
HTX BX-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BX | +0.0055% | 1h | 126.51 | −0.221% | $665K | $251K | 10x | as long as short |
| KuCoin BXUSDTMshort | +0.0100% | 8h | 126.45 | −0.268% | $110K | $771K | 20x | |
| Injective BX/USDC PERP | +0.0220% | 1h | 138.74 | +9.425% | $4K | $32K | 12x | as long as short |
| GRVT BX_USDT_Perp | +0.0237% | 8h | 126.68 | −0.087% | $1K | $101K | 10x | as long as short |
tradeXYZ xyz:BX
Injective BX/USDC PERP
GRVT BX_USDT_Perp