Funding you earn now, next payment 12:00 UTC+0.1500%/8h= +164.3% APRpaid last 24h +0.477%
Price spread now: KuCoin against Gate−0.904%7-day average −0.187% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$485as in the Price arb table
costs, in and out, $10k−$4134.129% of the position
Funding, last 7 days+2.822%+$282 on $10k
+Price spread, last 7 days+1.730%+$173 · spread now −0.904%, 7d avg −0.187%
=Funding pays, the price is against you. KuCoin is 0.717% cheaper against Gate than usual: you would sell low and buy high (spread −0.904% now, against its 7-day average of −0.187%). If the spread goes back, that is −$72 on $10k: about 38 hours of funding at the current rate (+$45 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate M_USDT | 1.3468 | 0.0100 | pay 0.0100% / 8h | 5h 55m | $1.8M | $884K | 10x |
| Short | KuCoin MUSDTM | 1.3346 | 0.1600 | get 0.0800% / 4h | 1h 55m | $1.3M | $3.5M | 10x |
Gate M_USDT
KuCoin MUSDTMFunding 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
- $315
- Price spread: −0.904% → −0.187%
- −$71.67
- Slippage, 4 orders
- −$385.93
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$169.59
- Costs to cover
- 4.129%
- Break-even
- 10.8 days
Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago | 10.90 bp | 59.7 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 5.01 bp | 127.7 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
M on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_M_USDC | +0.0086% | 4h | 1.3535 | +0.497% | $2K | $510 | 10x | as long as short |
| Aster MUSDT | +0.0100% | 4h | 1.3471 | +0.024% | $12K | $49K | 5x | as long as short |
| Gate M_USDTlong | +0.0100% | 8h | 1.3468 | long leg | $1.8M | $884K | 10x | |
| SunX M-USDT | +0.0100% | 4h | 1.3581 | +0.839% | $1K | $924K | 20x | as long as short |
| MEXC M_USDT | +0.0278% | 4h | 1.3490 | +0.163% | $244K | $113K | 50x | as long as short |
| Binance MUSDT | +0.0279% | 4h | 1.3485 | +0.129% | $5.4M | $3.8M | 10x | as long as short |
| Bybit MUSDT | +0.0363% | 4h | 1.3494 | +0.193% | $4.2M | $1.6M | 20x | as long as short |
| BloFin M-USDT | +0.0409% | 4h | 1.3385 | −0.616% | $341K | $455K | 10x | as long as short |
| BingX M-USDT | +0.0894% | 4h | 1.3496 | +0.208% | — | $2.4M | — | as long as short |
| Bitget MUSDT | +0.0914% | 4h | 1.3501 | +0.245% | $1.8M | $249K | 10x | as long as short |
Orderly PERP_M_USDC
Aster MUSDT
SunX M-USDT
MEXC M_USDT
Binance MUSDT
Bybit MUSDT
BloFin M-USDT
BingX M-USDT
Bitget MUSDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni M | +0.1034% | 4h | 1.3566 | +0.724% | $89K | $19K | — | as long as short |
| KuCoin MUSDTMshort | +0.1600% | 4h | 1.3346 | −0.904% | $1.3M | $3.5M | 10x |
Variational Omni M