Funding you earn now, next payment 04:00 UTC−0.0161%/8h= −17.6% APRpaid last 24h −0.060%
Price spread now: Gate against KuCoin−0.054%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$390as in the Funding arb table
Net, price: spread back to 7d avg − costs−$338as in the Price arb table
costs, in and out, $10k−$3353.347% of the position
Funding, last 7 days−0.551%−$55 on $10k
+Price spread, last 7 days+0.201%+$20 · spread now −0.054%, 7d avg −0.021%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.033% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FUSDTM | 0.003672 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $721K | $1.2M | 30x |
| Short | Gate F_USDT | 0.003670 | −0.0061 | pay 0.0061% / 8h | 5h 59m | $147K | $1.3M | 25x |
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
- −$33.81
- Price spread: −0.054% → −0.021%
- −$3.31
- Slippage, 4 orders
- −$307.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$371.8
- Costs to cover
- 3.347%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; Gate: 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 KuCoin live order book, 1 min ago | 1.36 bp | 208.5 bp −$209 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 1.36 bp | 31.2 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
F on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX F-USDT-SWAP | −0.0234% | 4h | 0.003664 | −0.218% | $713K | $2.1M | 20x | as long as short |
| Gate F_USDTshort | −0.0061% | 8h | 0.003670 | −0.054% | $147K | $1.3M | 25x | |
| Aster FUSDT | +0.0100% | 4h | 0.003670 | −0.041% | $15K | $28K | 5x | as long as short |
| Binance FUSDT | +0.0100% | 4h | 0.003670 | −0.054% | $3.9M | $6.4M | 50x | as long as short |
| Bybit FUSDT | +0.0100% | 4h | 0.003668 | −0.109% | $2.3M | $2.2M | 25x | as long as short |
| MEXC F_USDT | +0.0100% | 4h | 0.003671 | −0.027% | $617K | $172K | 50x | as long as short |
| KuCoin FUSDTMlong | +0.0100% | 4h | 0.003672 | long leg | $721K | $1.2M | 30x | |
| Bitget FUSDT | +0.0100% | 4h | 0.003669 | −0.082% | $480K | $808K | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003669 | −0.082% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003665 | −0.194% | $698 | $386 | — | as long as short |
KuCoin FUSDTM
Gate F_USDT
OKX F-USDT-SWAP
Aster FUSDT
Binance FUSDT
Bybit FUSDT
MEXC F_USDT
Bitget FUSDT
BingX F-USDT
Variational Omni F