Funding you earn now, next payment 04:00 UTC+0.0318%/8h= +34.8% APRnext payment +$1.59 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against KuCoin+0.039%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$310as in the Price arb table
costs, in and out, $10k−$3073.069% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now +0.039%, 7d avg +0.069%
=Funding pays, the price is against you. Gate is 0.030% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.039% now, against its 7-day average of +0.069%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.053% in total) that is about 3.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.053% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NOTUSDTM | 0.0005068 | −0.0218 | get 0.0109% / 4h | 18m 39s | $471K | $129K | 50x |
| Short | Gate NOT_USDT | 0.0005070 | 0.0100 | get 0.0050% / 4h | 18m 39s | $141K | $70K | 50x |
KuCoin NOTUSDTM
Gate NOT_USDTFunding 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
- $66.78
- Price spread: +0.039% → +0.069%
- −$2.96
- Slippage, 4 orders
- −$279.89
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$243.06
- Costs to cover
- 3.069%
- Break-even
- 32.5 days
Slippage from KuCoin: live order book, 64 min ago; Gate: live order book, 32 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, 64 min ago | 14.77 bp | 91.4 bp −$91 | 565.8 bp −$5,658 | doesn't fit | doesn't fit |
| Sell Gate live order book, 32 min ago | 10.94 bp | 76.1 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
NOT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NOT | −0.0321% | 4h | 0.0005068 | +0.001% | $72K | $39K | — | as long as short |
| KuCoin NOTUSDTMlong | −0.0218% | 4h | 0.0005068 | long leg | $471K | $129K | 50x | |
| Injective NOT/USDC PERP | +0.0033% | 1h | 0.0004874 | −3.828% | $1K | $13K | 5.5x | as long as short |
| Lighter 1000NOT | +0.0096% | 1h | 0.0005081 | +0.258% | $11K | $4K | 3x | as long as short |
| Hyperliquid NOT | +0.0100% | 1h | 0.0005070 | +0.039% | $360K | $56K | 3x | as long as short |
| Aster NOTUSDT | +0.0100% | 4h | 0.0005078 | +0.205% | $14K | $9K | 5x | as long as short |
| Binance NOTUSDT | +0.0100% | 4h | 0.0005074 | +0.120% | $2.1M | $3.0M | 50x | as long as short |
| Bybit NOTUSDT | +0.0100% | 4h | 0.0005071 | +0.059% | $2.1M | $854K | 25x | as long as short |
| OKX NOT-USDT-SWAP | +0.0100% | 4h | 0.0005074 | +0.118% | $643K | $669K | 20x | as long as short |
| Gate NOT_USDTshort | +0.0100% | 4h | 0.0005070 | +0.039% | $141K | $70K | 50x |
Variational Omni NOT
Injective NOT/USDC PERP
Lighter 1000NOT
Hyperliquid NOT
Aster NOTUSDT
Binance NOTUSDT
Bybit NOTUSDT
OKX NOT-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC NOT_USDT | +0.0100% | 4h | 0.0005074 | +0.118% | $1.3M | $434K | 200x | as long as short |
| Bitget NOTUSDT | +0.0100% | 4h | 0.0005079 | +0.217% | $673K | $415K | 50x | as long as short |
| BingX NOT-USDC | +0.0100% | 4h | 0.0005078 | +0.197% | — | $724K | — | as long as short |
| Extended kNOT-USD | +0.0104% | 1h | 0.0005073 | +0.102% | $4K | — | 5x | as long as short |
| BloFin NOT-USDT | +0.0149% | 4h | 0.0005075 | +0.138% | $111K | $16K | 50x | as long as short |
| Kraken Futures PF_NOTUSD | +0.1701% | 1h | 0.0005076 | +0.153% | $50K | $8K | 10x | as long as short |
MEXC NOT_USDT
Bitget NOTUSDT
BingX NOT-USDC
Extended kNOT-USD
BloFin NOT-USDT
Kraken Futures PF_NOTUSD