COST

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Gate−0.116%7-day average −0.093% · you buy dearer than you sell

Net, funding: paid 7d − costs−$797as in the Funding arb table

Net, price: spread back to 7d avg − costs−$816as in the Price arb table

costs, in and out, $10k−$8138.133% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.165%+$16 on $10k

Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.116%, 7d avg −0.093%

Together, before fees+0.207%+$21 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.023% cheaper against Gate than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of −0.093%). If the spread goes back, that is −$2 on $10k: about 18 hours 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 COST_USDT	899.04	0	get 0.0000% / 8h	6h 36m	$523K	$7K	25x
Short	KuCoin COSTUSDTM	898.00	0.0100	get 0.0100% / 8h	6h 36m	$47K	$865K	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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now −0.116%Rate

Funding earned: $21
Price spread: −0.116% → −0.093%: −$2.26
Slippage, 4 orders: −$786.32
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$794.58
Costs to cover: 8.133%
Break-even: 271.9 days

Slippage from Gate: live order book, 29 min ago; KuCoin: live order book, 12 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, 29 min ago	7.07 bp	17.4 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 12 min ago	56.05 bp	383.3 bp −$383	doesn't fit	doesn't fit	doesn't fit

COST on 15 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 COSTUSDT	0.0000%	8h	898.82	−0.025%	$45K	$178	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	899.04	0.000%	$491K	$218K	25x	as long as short
Gate COST_USDTlong	0.0000%	8h	899.04	long leg	$523K	$7K	25x
Bitget COSTUSDT	0.0000%	8h	898.65	−0.043%	$403K	$111K	25x	as long as short
SunX COST-USDT	0.0000%	8h	898.00	−0.116%	$2K	$3.0M	10x	as long as short
HTX COST-USDT	0.0000%	8h	901.05	+0.224%	$10K	$42K	10x	as long as short
QFEX COST-USD	+0.0009%	1h	898.82	−0.024%	$1.1M	$3.0M	10x	as long as short
OKX COST-USDT-SWAP	+0.0022%	8h	898.51	−0.059%	$444K	$121K	10x	as long as short
Injective COST/USDC PERP	+0.0033%	1h	891.98	−0.785%	$2K	$28K	12x	as long as short
Extended COST-USD	+0.0040%	1h	898.25	−0.088%	—	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest COST-USD-PERP	+0.0046%	1h	898.92	−0.013%	—	—	25x	as long as short
tradeXYZ xyz:COST	+0.0050%	1h	898.72	−0.036%	$1.8M	$524K	20x	as long as short
KuCoin COSTUSDTMshort	+0.0100%	8h	898.00	−0.116%	$47K	$865K	20x
Variational Omni COST	+0.0223%	8h	898.82	−0.024%	$42K	$17K	—	as long as short
Binance COSTUSDT	+0.0360%	8h	899.10	+0.007%	$1.1M	$935K	20x	as long as short