COST

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Gate against KuCoin+0.036%7-day average +0.093% · you sell dearer than you buy

Net, funding: paid 7d − costs−$998as in the Funding arb table

Net, price: spread back to 7d avg − costs−$985as in the Price arb table

costs, in and out, $10k−$9799.794% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.183%−$18 on $10k

Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.036%, 7d avg +0.093%

Together, before fees−0.116%−$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.057% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.093%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin COSTUSDTM	900.40	0.0100	pay 0.0100% / 8h	4h 56m	$48K	$1.1M	20x
Short	Gate COST_USDT	900.72	0	get 0.0000% / 8h	4h 56m	$521K	$8K	25x

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

Position, each leg$Hold fordaysFee KuCoinbpFee GatebpOrdersPrice spread, now +0.036%Rate

Funding earned: −$21
Price spread: +0.036% → +0.093%: −$5.75
Slippage, 4 orders: −$952.45
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,006.19
Costs to cover: 9.794%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; Gate: live order book, 48 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, 1 min ago	30.00 bp	447.1 bp −$447	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 48 min ago	4.49 bp	72.6 bp −$73	doesn't fit	doesn't fit	doesn't fit

COST on 15 exchanges

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
Aster COSTUSDT	0.0000%	8h	901.20	+0.089%	$45K	$133	20x	as long as short
Binance COSTUSDT	0.0000%	8h	900.73	+0.037%	$1.1M	$1.0M	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	901.12	+0.080%	$563K	$138K	25x	as long as short
OKX COST-USDT-SWAP	0.0000%	8h	901.00	+0.067%	$448K	$129K	10x	as long as short
Gate COST_USDTshort	0.0000%	8h	900.72	+0.036%	$521K	$8K	25x
Bitget COSTUSDT	0.0000%	8h	900.25	−0.017%	$410K	$78K	25x	as long as short
Variational Omni COST	0.0000%	8h	901.81	+0.157%	$40K	$13K	—	as long as short
SunX COST-USDT	0.0000%	8h	900.20	−0.022%	$2K	$2.6M	10x	as long as short
HTX COST-USDT	0.0000%	8h	902.36	+0.218%	$10K	$41K	10x	as long as short
QFEX COST-USD	+0.0020%	1h	900.55	+0.017%	$1.1M	$2.3M	10x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective COST/USDC PERP	+0.0033%	1h	891.98	−0.935%	$2K	$28K	12x	as long as short
Extended COST-USD	+0.0040%	1h	900.00	−0.044%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	900.53	+0.014%	—	—	25x	as long as short
tradeXYZ xyz:COST	+0.0050%	1h	900.00	−0.044%	$1.8M	$521K	20x	as long as short
KuCoin COSTUSDTMlong	+0.0100%	8h	900.40	long leg	$48K	$1.1M	20x