H

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.43 per $10,000 · paid last 24h −0.002%

Price spread now: KuCoin against Gate−0.015%7-day average +0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$913as in the Funding arb table

Net, price: spread back to 7d avg − costs−$943as in the Price arb table

costs, in and out, $10k−$9379.366% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.235%+$23 on $10k

Price spread, last 7 days+0.094%+$9 · spread now −0.015%, 7d avg +0.052%

Together, before fees+0.329%+$33 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.067% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.052%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.235%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate H_USDT	0.06749	0.0100	pay 0.0050% / 4h	1h 05m	$2.8M	$1.8M	10x
Short	KuCoin HUSDTM	0.06748	0.0014	get 0.0007% / 4h	1h 05m	$1.6M	$10.0M	8x

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 −0.015%Rate

Funding earned: −$18.06
Price spread: −0.015% → +0.052%: −$6.71
Slippage, 4 orders: −$909.58
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$961.35
Costs to cover: 9.366%
Break-even: never at this rate

Slippage from Gate: live order book, 3 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, 3 min ago	5.20 bp	87.1 bp −$87	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	2.97 bp	367.6 bp −$368	doesn't fit	doesn't fit	doesn't fit

H 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
KuCoin HUSDTMshort	+0.0014%	4h	0.06748	−0.015%	$1.6M	$10.0M	8x
Injective H/USDC PERP	+0.0033%	1h	0.06250	−7.394%	$1K	$1	5.5x	as long as short
BloFin H-USDT	+0.0056%	4h	0.06750	+0.015%	$585K	$109K	25x	as long as short
Aster HUSDT	+0.0100%	4h	0.06749	−0.005%	$110K	$57K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06758	+0.138%	$14.5M	$11.1M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06744	−0.074%	$7.4M	$4.9M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06760	+0.163%	$1.8M	$6.1M	10x	as long as short
Gate H_USDTlong	+0.0100%	4h	0.06749	long leg	$2.8M	$1.8M	10x
MEXC H_USDT	+0.0100%	4h	0.06757	+0.119%	$6.0M	$1.1M	20x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06741	−0.119%	$1.7M	$458K	4x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.06758	+0.133%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06726	−0.345%	$7K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06762	+0.193%	$1.1M	$434K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06757	+0.113%	$9K	$100K	5x	as long as short