Funding arb · Price arb /

ALT

all ALT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against Gate+0.120%7-day average +0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,276as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,270as in the Price arb table

costs, in and out, $10k−$1,27612.760% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.120%, 7d avg +0.064%

Together, before fees−0.058%−$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.055% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.064%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ALT_USDT	0.007521	0.0100	pay 0.0100% / 8h	2h 29m	$49K	$381K	25x
Short	KuCoin ALTUSDTM	0.007530	0.0100	get 0.0050% / 4h	2h 29m	$144K	$20K	30x

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 +0.120%Rate

Funding earned: $0
Price spread: +0.120% → +0.064%: $5.54
Slippage, 4 orders: −$1,248.99
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,270.45
Costs to cover: 12.760%
Break-even: never at this rate

Slippage from Gate: live order book, 16 min ago; KuCoin: live order book, 25 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, 16 min ago	3.30 bp	376.8 bp −$377	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 25 min ago	7.88 bp	229.2 bp −$229	doesn't fit	doesn't fit	doesn't fit

ALT 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
Kraken Futures PF_ALTUSD	−0.0474%	1h	0.007530	+0.124%	$44K	$8K	10x	as long as short
Deribit ALT_USDC-PERPETUAL	0.0000%	1h	0.007526	+0.066%	—	$0	25x	as long as short
Injective ALT/USDC PERP	+0.0033%	1h	0.007691	+2.260%	$837	$4K	5.5x	as long as short
Variational Omni ALT	+0.0054%	4h	0.007511	−0.128%	$4K	$16K	—	as long as short
Hyperliquid ALT	+0.0100%	1h	0.007523	+0.027%	$1.1M	$137K	3x	as long as short
Binance ALTUSDT	+0.0100%	4h	0.007526	+0.067%	$2.6M	$3.5M	50x	as long as short
Bybit ALTUSDT	+0.0100%	4h	0.007522	+0.013%	$1.2M	$1.8M	25x	as long as short
Gate ALT_USDTlong	+0.0100%	8h	0.007521	long leg	$49K	$381K	25x
MEXC ALT_USDT	+0.0100%	4h	0.007527	+0.080%	$378K	$171K	50x	as long as short
KuCoin ALTUSDTMshort	+0.0100%	4h	0.007530	+0.120%	$144K	$20K	30x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ALTUSDT	+0.0100%	4h	0.007513	−0.106%	$604K	$131K	50x	as long as short
BingX ALT-USDT	+0.0100%	4h	0.007521	0.000%	—	$1.3M	—	as long as short
BloFin ALT-USDT	+0.0124%	4h	0.007520	−0.013%	$171K	$9K	50x	as long as short
Coinbase International ALT-PERP-INTX	+0.0408%	1h	0.007691	+2.260%	$14K	$3K	50x	as long as short