Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.046%
Price spread now: KuCoin against Gate+0.045%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2152.152% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 7 days−0.106%−$11 · spread now +0.045%, 7d avg −0.033%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.078% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COIN_USDT | 201.97 | 0 | get 0.0000% / 8h | 13m 10s | $1.3M | $7.0M | 50x |
| Short | KuCoin COINUSDTM | 202.06 | 0.0100 | get 0.0100% / 8h | 13m 10s | $1.0M | $138K | 20x |
Gate COIN_USDT
KuCoin COINUSDTMFunding 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
- $21
- Price spread: +0.045% → −0.033%
- $7.8
- Slippage, 4 orders
- −$188.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$186.44
- Costs to cover
- 2.152%
- Break-even
- 69.1 days
Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 1 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, 5 min ago | 5.69 bp | 14.7 bp −$15 | 54.5 bp −$545 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 11.13 bp | 139.5 bp −$139 | doesn't fit | doesn't fit | doesn't fit |
COIN on 26 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 COIN/USDC PERP | −0.0440% | 1h | 201.55 | −0.208% | $44K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.03 | +0.027% | $370K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.92 | −0.025% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.94 | −0.017% | $15.7M | $76.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.97 | 0.000% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.99 | +0.010% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDTlong | 0.0000% | 8h | 201.97 | long leg | $1.3M | $7.0M | 50x | |
| Bitget COINUSDT | 0.0000% | 8h | 202.02 | +0.025% | $6.9M | $10.1M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 202.06 | +0.042% | $840K | $1.1M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.91 | −0.030% | $12K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0032% | 1h | 201.85 | −0.059% | $1.4M | $4.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.94 | −0.015% | $435K | $1.8M | 10x | as long as short |
| Lighter COIN | +0.0040% | 1h | 201.94 | −0.013% | $377K | $2.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.10 | +0.064% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.93 | −0.020% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.85 | −0.059% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.95 | −0.010% | $85 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.69 | −0.139% | $361K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTMshort | +0.0100% | 8h | 202.06 | +0.045% | $1.0M | $138K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.11 | +0.069% | $91K | $310K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.98 | +0.005% | $584 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.92 | −0.026% | $119 | — | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0112% | 1h | 201.91 | −0.030% | $16.6M | $13.2M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.97 | 0.000% | $200K | $342K | 20x | as long as short |
| edgeX COINUSDC | +0.0147% | 4h | 202.06 | +0.046% | $52K | $295K | 10x | as long as short |
| Phoenix COIN | +0.0238% | 1h | 201.85 | −0.059% | $5K | $279K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Lighter COIN
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
tradeXYZ xyz:COIN
BloFin COIN-USDT
edgeX COINUSDC
Phoenix COIN