Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against KuCoin0.000%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,830as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,828as in the Price arb table
costs, in and out, $10k−$1,82918.291% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.207%−$21 · spread now 0.000%, 7d avg −0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin USUALUSDTM | 0.01375 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $271K | $62K | 20x |
| Short | Gate USUAL_USDT | 0.01375 | 0.0100 | get 0.0100% / 8h | 6h 40m | $929K | $180K | 50x |
KuCoin USUALUSDTM
Gate USUAL_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
- $0
- Price spread: 0.000% → −0.015%
- $1.51
- Slippage, 4 orders
- −$1,802.07
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,827.56
- Costs to cover
- 18.291%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 70 min ago; Gate: live order book, 26 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, 70 min ago | 21.71 bp | 962.5 bp −$963 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 26 min ago | 3.63 bp | 100.5 bp −$101 | 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 | −0.4129% | 1h | 0.01354 | −1.527% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0650% | 1h | 0.01372 | −0.197% | $112K | $18K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01372 | −0.218% | $393K | $185K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01367 | −0.552% | $2.2M | $3.4M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01369 | −0.451% | $1.0M | $787K | 25x | as long as short |
| Gate USUAL_USDTshort | +0.0100% | 8h | 0.01375 | 0.000% | $929K | $180K | 50x | |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01374 | −0.080% | $6.0M | $238K | 100x | as long as short |
| KuCoin USUALUSDTMlong | +0.0100% | 4h | 0.01375 | long leg | $271K | $62K | 20x | |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01371 | −0.291% | $822K | $423K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01374 | −0.095% | — | $1.2M | — | as long as short |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
MEXC USUAL_USDT
Bitget USUALUSDT
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01374 | −0.066% | $9K | $208 | — | as long as short |
Variational Omni USUAL