Settings8H · net · $10k
Funding arb · Price arb /

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.044%
Price spread now: Gate against KuCoin+0.122%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,301as in the Price arb table
costs, in and out, $10k−$1,31513.154% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 7 days−0.262%−$26 · spread now +0.122%, 7d avg −0.026%
Together, before fees−0.266%−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.148% dearer against KuCoin than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin USUSDTM0.016400.0100pay 0.0050% / 4h3h 31m$4.2M$276K20x
ShortGate US_USDT0.016420.0100get 0.0050% / 4h3h 31m$2.1M$560K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.122% → −0.026%
$14.82
Slippage, 4 orders
−$1,288.38
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,300.56
Costs to cover
13.154%
Break-even
never at this rate
Slippage from KuCoin: live order book, 1 min ago; Gate: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 1 min ago26.20 bp663.3 bp −$663doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 1 min ago18.26 bp82.2 bp −$82doesn't fitdoesn't fitdoesn't fit

US on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit USUSDT+0.0100%4h0.01646+0.378%$3.2M$875K20xas long as short
Gate US_USDTshort+0.0100%4h0.01642+0.122%$2.1M$560K20x
KuCoin USUSDTMlong+0.0100%4h0.01640long leg$4.2M$276K20x
Variational Omni US+0.0100%4h0.01643+0.210%$16K$3Kas long as short
Bitget USUSDT+0.0410%4h0.01647+0.427%$4.3M$250K10xas long as short
Aster USUSDT+0.0753%4h0.01644+0.227%$12K$55K5xas long as short
BingX US-USDT+0.0778%4h0.01646+0.348%$1.3Mas long as short
Extended US-USD+0.0800%1h0.01644+0.262%$2K$139K5xas long as short
MEXC US_USDT+0.0800%4h0.01645+0.287%$5.5M$113K100xas long as short
Binance USUSDT+0.0804%4h0.01644+0.285%$9.2M$3.1M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin US-USDT+0.0824%4h0.01644+0.232%$480K$49K10xas long as short