Funding you earn now, next payment 08:00 UTC+0.0730%/8h= +79.9% APRnext payment +$3.65 per $10,000 · paid last 24h +0.180%
Price spread now: KuCoin against Gate+0.073%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2812.810% of the position
Funding, last 7 days+1.030%+$103 on $10k
+Price spread, last 4 days (all we have)−0.123%−$12 · spread now +0.073%, 7d avg −0.005%
=Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and KuCoin is 0.079% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CVC_USDT | 0.02723 | −0.0306 | get 0.0153% / 4h | 3h 22m | $214K | $307K | 25x |
| Short | KuCoin CVCUSDTM | 0.02725 | 0.0424 | get 0.0212% / 4h | 3h 22m | $1.3M | $411K | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $153.3
- Price spread: +0.073% → −0.005%
- $7.89
- Slippage, 4 orders
- −$254
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$119.81
- Costs to cover
- 2.810%
- Break-even
- 12.5 days
Slippage from Gate: live order book, 28 min ago; KuCoin: live order book, 3 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, 28 min ago | 5.49 bp | 30.7 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 5.50 bp | 189.8 bp −$190 | doesn't fit | doesn't fit | doesn't fit |
CVC on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDTlong | −0.0306% | 4h | 0.02723 | long leg | $214K | $307K | 25x | |
| Binance CVCUSDT | +0.0100% | 4h | 0.02720 | −0.110% | $2.9M | $5.5M | 50x | as long as short |
| Bybit CVCUSDT | +0.0100% | 1h | 0.02712 | −0.404% | $1.7M | $1.6M | 25x | as long as short |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02719 | −0.147% | $653K | $134K | 20x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02721 | −0.073% | $445K | $483K | 50x | as long as short |
| BingX CVC-USDT | +0.0100% | 4h | 0.02718 | −0.184% | — | $2.4M | — | as long as short |
| Variational Omni CVC | +0.0100% | 1h | 0.02712 | −0.404% | $1K | $370 | — | as long as short |
| KuCoin CVCUSDTMshort | +0.0424% | 4h | 0.02725 | +0.073% | $1.3M | $411K | 30x |
Gate CVC_USDT
KuCoin CVCUSDTM
Binance CVCUSDT
Bybit CVCUSDT
MEXC CVC_USDT
Bitget CVCUSDT
BingX CVC-USDT
Variational Omni CVC