NOW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Gate−0.174%7-day average −0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,393as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,409as in the Price arb table

costs, in and out, $10k−$1,40013.996% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.174%, 7d avg −0.077%

Together, before fees+0.205%+$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.097% cheaper against Gate than usual: you would sell low and buy high (spread −0.174% now, against its 7-day average of −0.077%). If the spread goes back, that is −$10 on $10k: about 3.2 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.061% in total) that is about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NOW_USDT	137.97	0	get 0.0000% / 8h	5h 51m	$245K	$365K	20x
Short	KuCoin NOWUSDTM	137.73	0.0100	get 0.0100% / 8h	5h 51m	$318K	$647K	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 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 GatebpFee KuCoinbpOrdersPrice spread, now −0.174%Rate

Funding earned: $21
Price spread: −0.174% → −0.077%: −$9.67
Slippage, 4 orders: −$1,372.55
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,388.23
Costs to cover: 13.996%
Break-even: 469.7 days

Slippage from Gate: live order book, 9 min ago; KuCoin: live order book, 47 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, 9 min ago	21.01 bp	158.1 bp −$158	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 47 min ago	6.16 bp	711.6 bp −$712	doesn't fit	doesn't fit	doesn't fit

NOW on 15 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
Aster NOWUSDT	0.0000%	8h	138.77	+0.578%	$41K	$995	20x	as long as short
OKX NOW-USDT-SWAP	0.0000%	8h	138.05	+0.058%	$489K	$228K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	137.76	−0.152%	$1.1M	$1.9M	10x	as long as short
Gate NOW_USDTlong	0.0000%	8h	137.97	long leg	$245K	$365K	20x
Bitget NOWUSDT	0.0000%	8h	137.94	−0.022%	$781K	$234K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	137.95	−0.014%	$895	$387K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	137.96	−0.007%	$5K	$30K	20x	as long as short
Lighter NOW	+0.0032%	1h	137.90	−0.051%	$5K	$178	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.326%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	137.77	−0.145%	—	—	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTMshort	+0.0100%	8h	137.73	−0.174%	$318K	$647K	20x
Binance NOWUSDT	+0.0171%	8h	137.98	+0.005%	$1.8M	$1.4M	20x	as long as short
Bybit NOWUSDT	+0.0220%	8h	137.93	−0.029%	$1.6M	$4.9M	25x	as long as short
tradeXYZ xyz:NOW	+0.0409%	1h	137.83	−0.101%	$2.1M	$229K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0588%	8h	137.98	+0.007%	$280	$152K	10x	as long as short