Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against Gate+0.175%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,019as in the Funding arb table
Net, price: spread back to 7d avg − costs−$970as in the Price arb table
costs, in and out, $10k−$9869.862% of the position
Funding, last 7 days−0.324%−$32 on $10k
+Price spread, last 4 days (all we have)−0.328%−$33 · spread now +0.175%, 7d avg +0.012%
=The price spread pays, funding is against you. KuCoin is 0.164% dearer against Gate than usual: you sell high and buy low (spread +0.175% now, against its 7-day average of +0.012%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.324% in total) that is about 3.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPACE_USDT | 0.005131 | 0.0150 | pay 0.0075% / 4h | 2h 48m | $775K | $395K | 20x |
| Short | KuCoin SPACEUSDTM | 0.005140 | 0.0100 | get 0.0050% / 4h | 2h 48m | $651K | $107K | 20x |
Gate SPACE_USDT
KuCoin SPACEUSDTMFunding 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
- −$10.5
- Price spread: +0.175% → +0.012%
- $16.37
- Slippage, 4 orders
- −$959.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$980.36
- Costs to cover
- 9.862%
- Break-even
- never at this rate
Slippage from Gate: live order book, 19 min ago; KuCoin: live order book, 65 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, 19 min ago | 9.66 bp | 64.1 bp −$64 | 4838.6 bp −$48.4K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 65 min ago | 18.67 bp | 164.7 bp −$165 | doesn't fit | doesn't fit | doesn't fit |
SPACE on 9 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 SPACE-USDT | +0.0092% | 4h | 0.005148 | +0.331% | $161K | $9K | 50x | as long as short |
| Binance SPACEUSDT | +0.0100% | 4h | 0.005144 | +0.245% | $1.9M | $2.1M | 50x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005134 | +0.058% | $1.5M | $1.2M | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005142 | +0.214% | $399K | $150K | 20x | as long as short |
| KuCoin SPACEUSDTMshort | +0.0100% | 4h | 0.005140 | +0.175% | $651K | $107K | 20x | |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005137 | +0.117% | $898K | $244K | 20x | as long as short |
| Bybit SPACEUSDT | +0.0117% | 4h | 0.005132 | +0.019% | $792K | $175K | 13x | as long as short |
| Gate SPACE_USDTlong | +0.0150% | 4h | 0.005131 | long leg | $775K | $395K | 20x | |
| Aster SPACEUSDT | +0.0993% | 4h | 0.005140 | +0.175% | $16K | $32K | 5x | as long as short |
BloFin SPACE-USDT
Binance SPACEUSDT
OKX SPACE-USDT-SWAP
MEXC SPACE_USDT
Bitget SPACEUSDT
Bybit SPACEUSDT
Aster SPACEUSDT