Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against KuCoin−0.028%7-day average +0.080% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.028%, 7d avg +0.080%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.109% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.080%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NOWUSDTM | 140.53 | 0.0100 | pay 0.0100% / 8h | 6h 13m | $310K | $745K | 20x |
| Short | Gate NOW_USDT | 140.49 | 0 | get 0.0000% / 8h | 6h 13m | $242K | $352K | 20x |
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
- −$21
- Price spread: −0.028% → +0.080%
- −$10.85
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$58.85
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 33 min ago; Gate: live order book, 35 min ago. Net counts fees only.
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, 33 min ago | 3.91 bp | 302.4 bp −$302 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 35 min ago | 18.48 bp | 32.3 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
NOW on 16 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 140.44 | −0.064% | $514K | $252K | 20x | as long as short |
| QFEX NOW-USD | 0.0000% | 1h | 140.28 | −0.178% | $1.1M | $1.4M | 10x | as long as short |
| Gate NOW_USDTshort | 0.0000% | 8h | 140.49 | −0.028% | $242K | $352K | 20x | |
| Bitget NOWUSDT | 0.0000% | 8h | 140.50 | −0.021% | $819K | $285K | 20x | as long as short |
| SunX NOW-USDT | 0.0000% | 8h | 140.60 | +0.050% | $787 | $280K | 10x | as long as short |
| HTX NOW-USDT | 0.0000% | 8h | 140.73 | +0.142% | $5K | $37K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 140.50 | −0.021% | $5K | $309 | 5x | as long as short |
| Injective NOW/USDC PERP | +0.0033% | 1h | 139.80 | −0.519% | $3K | $101 | 12x | as long as short |
| Vest NOW-USD-PERP | +0.0046% | 1h | 140.39 | −0.100% | — | — | 25x | as long as short |
| KuCoin NOWUSDTMlong | +0.0100% | 8h | 140.53 | long leg | $310K | $745K | 20x |
Show all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NOWUSDT | +0.0118% | 8h | 140.38 | −0.107% | $41K | $4K | 20x | as long as short |
| BloFin NOW-USDT | +0.0193% | 8h | 140.67 | +0.100% | $46K | $19K | 20x | as long as short |
| Binance NOWUSDT | +0.0220% | 8h | 140.55 | +0.014% | $1.9M | $1.5M | 20x | as long as short |
| Bybit NOWUSDT | +0.0389% | 8h | 140.57 | +0.028% | $1.6M | $207K | 25x | as long as short |
| tradeXYZ xyz:NOW | +0.0390% | 1h | 140.52 | −0.007% | $2.1M | $244K | 10x | as long as short |
| GRVT NOW_USDT_Perp | +0.0561% | 8h | 140.59 | +0.043% | $209 | $119K | 10x | as long as short |
KuCoin NOWUSDTM
Gate NOW_USDT
OKX NOW-USDT-SWAP
Bitget NOWUSDT
SunX NOW-USDT
HTX NOW-USDT
Lighter NOW
Injective NOW/USDC PERP
Aster NOWUSDT
BloFin NOW-USDT
Binance NOWUSDT
Bybit NOWUSDT
tradeXYZ xyz:NOW
GRVT NOW_USDT_Perp