Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Gate−0.084%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.084% cheaper against Gate than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate INIT_USDT | 0.08316 | 0.0100 | pay 0.0100% / 8h | 7h 10m | $84K | $55K | 25x |
| Short | KuCoin INITUSDTM | 0.08309 | 0.0100 | get 0.0050% / 4h | 3h 10m | $331K | $54K | 25x |
Gate INIT_USDT
KuCoin INITUSDTMFunding 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
- $0
- Price spread: −0.084% → 0.000%
- −$8.42
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$35.42
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; KuCoin: live order book, 41 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 Gate no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 41 min ago | 28.42 bp | 259.5 bp −$259 | doesn't fit | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin INIT-USDT | +0.0061% | 4h | 0.08323 | +0.084% | $154K | $113K | 25x | as long as short |
| Hyperliquid INIT | +0.0100% | 1h | 0.08322 | +0.070% | $303K | $234K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08310 | −0.077% | $27K | $37K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08328 | +0.143% | $3.4M | $3.6M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08322 | +0.072% | $1.4M | $1.5M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08339 | +0.277% | $137K | $647K | 10x | as long as short |
| Gate INIT_USDTlong | +0.0100% | 8h | 0.08316 | long leg | $84K | $55K | 25x | |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08327 | +0.132% | $452K | $220K | 20x | as long as short |
| KuCoin INITUSDTMshort | +0.0100% | 4h | 0.08309 | −0.084% | $331K | $54K | 25x | |
| Bitget INITUSDT | +0.0100% | 4h | 0.08323 | +0.084% | $433K | $303K | 25x | as long as short |
BloFin INIT-USDT
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
MEXC INIT_USDT
Bitget INITUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX INIT-USDT | +0.0100% | 4h | 0.08328 | +0.144% | — | $6.6M | — | as long as short |
| Variational Omni INIT | +0.0100% | 4h | 0.08308 | −0.095% | $26K | $23K | — | as long as short |
| Kraken Futures PF_INITUSD | +0.0191% | 1h | 0.08332 | +0.192% | $5K | $17K | 10x | as long as short |
BingX INIT-USDT
Variational Omni INIT
Kraken Futures PF_INITUSD