Funding you earn now, next payment 00:00 UTC−0.0408%/8h= −44.7% APRnext payment −$4.08 per $10,000 · paid last 24h −0.054%
Price spread now: KuCoin against Gate−0.304%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and KuCoin is 0.304% cheaper against Gate than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.129%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.129% in total (about 6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KIOXIA_USDT | 372.23 | 0 | get 0.0000% / 8h | 14m 13s | $75K | $21K | 20x |
| Short | KuCoin KIOXIAUSDTM | 371.10 | −0.0408 | pay 0.0408% / 8h | 14m 13s | $41K | $110K | 20x |
Funding 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
- −$85.68
- Price spread: −0.304% → 0.000%
- −$30.36
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$143.04
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; KuCoin: live order book, 39 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 39 min ago | 32.25 bp | 375.2 bp −$375 | doesn't fit | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
KIOXIA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KIOXIAUSDTMshort | −0.0408% | 8h | 371.10 | −0.304% | $41K | $110K | 20x | |
| OKX KIOXIA-USDT-SWAP | 0.0000% | 8h | 372.44 | +0.056% | $436K | $422K | 10x | as long as short |
| Gate KIOXIA_USDTlong | 0.0000% | 8h | 372.23 | long leg | $75K | $21K | 20x | |
| Bitget KIOXIAUSDT | 0.0000% | 8h | 371.05 | −0.317% | $2.2M | $1.5M | 20x | as long as short |
| Lighter KIOXIA | +0.0032% | 1h | 342.91 | −7.877% | — | — | 10x | as long as short |
| Polymarket Perps KIOXIA-USD | +0.0050% | 1h | 372.44 | +0.056% | $5K | $259K | 10x | as long as short |
| HTX KIOXIA-USDT | +0.0100% | 1h | 372.64 | +0.110% | $7K | $42K | 10x | as long as short |
| tradeXYZ xyz:KIOXIA | +0.0324% | 1h | 372.64 | +0.110% | $10.6M | $3.2M | 10x | as long as short |
| Extended KIOXIA-USD | +0.0336% | 1h | 372.62 | +0.106% | $5K | — | 10x | as long as short |
Gate KIOXIA_USDT
KuCoin KIOXIAUSDTM
OKX KIOXIA-USDT-SWAP
Bitget KIOXIAUSDT
Lighter KIOXIA
Polymarket Perps KIOXIA-USD
HTX KIOXIA-USDT
tradeXYZ xyz:KIOXIA
Extended KIOXIA-USD