Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Gate−0.072%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$779as in the Funding arb table
Net, price: spread back to 7d avg − costs−$787as in the Price arb table
costs, in and out, $10k−$7797.792% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.072%, 7d avg +0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.081% cheaper against Gate than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate USUAL_USDT | 0.01391 | 0.0100 | pay 0.0100% / 8h | 1h 50m | $941K | $107K | 50x |
| Short | KuCoin USUALUSDTM | 0.01390 | 0.0100 | get 0.0050% / 4h | 1h 50m | $267K | $65K | 20x |
Gate USUAL_USDT
KuCoin USUALUSDTMFunding 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: −0.072% → +0.010%
- −$8.14
- Slippage, 4 orders
- −$752.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$787.36
- Costs to cover
- 7.792%
- Break-even
- never at this rate
Slippage from Gate: live order book, 56 min ago; KuCoin: live order book, 66 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, 56 min ago | 3.59 bp | 114.8 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 66 min ago | 21.57 bp | 287.0 bp −$287 | doesn't fit | doesn't fit | doesn't fit |
USUAL on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.5000% | 1h | 0.01384 | −0.503% | $6K | $3K | 5.5x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01392 | +0.072% | $396K | $187K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01391 | −0.028% | $2.2M | $3.2M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01392 | +0.072% | $1.0M | $786K | 25x | as long as short |
| Gate USUAL_USDTlong | +0.0100% | 8h | 0.01391 | long leg | $941K | $107K | 50x | |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01391 | +0.014% | $6.1M | $261K | 100x | as long as short |
| KuCoin USUALUSDTMshort | +0.0100% | 4h | 0.01390 | −0.072% | $267K | $65K | 20x | |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01392 | +0.072% | $805K | $404K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01391 | −0.036% | — | $1.2M | — | as long as short |
| Variational Omni USUAL | +0.0100% | 4h | 0.01392 | +0.084% | $10K | $1K | — | as long as short |
Injective USUAL/USDC PERP
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
MEXC USUAL_USDT
Bitget USUALUSDT
BingX USUAL-USDT
Variational Omni USUALShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_USUALUSD | +0.0140% | 1h | 0.01390 | −0.097% | $110K | $19K | 10x | as long as short |
Kraken Futures PF_USUALUSD