Funding you earn now, next payment 04:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.11 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against Binance−0.077%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$396as in the Funding arb table
Net, price: spread back to 7d avg − costs−$434as in the Price arb table
costs, in and out, $10k−$4314.311% of the position
Funding, last 7 days+0.351%+$35 on $10k
+Price spread, last 7 days+0.094%+$9 · spread now −0.077%, 7d avg −0.047%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.030% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.047%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.351%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 4USDT | 0.02088 | 0.0611 | pay 0.0305% / 4h | 2h 50m | $8.1M | $11.8M | 20x |
| Short | KuCoin 4USDTM | 0.02086 | 0.0588 | get 0.0294% / 4h | 2h 50m | $916K | $12.7M | 20x |
Binance 4USDT
KuCoin 4USDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- −$4.77
- Price spread: −0.077% → −0.047%
- −$3.01
- Slippage, 4 orders
- −$409.07
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$438.85
- Costs to cover
- 4.311%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 3 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 Binance live order book, 4 min ago | 2.15 bp | 19.7 bp −$20 | 184.9 bp −$1,849 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 9.59 bp | 73.3 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
4 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02084 | −0.169% | $48K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02083 | −0.220% | $1K | $1.1M | 20x | as long as short |
| Bybit 4USDT | +0.0193% | 4h | 0.02085 | −0.129% | $2.7M | $1.8M | 5x | as long as short |
| Aster 4USDT | +0.0475% | 4h | 0.02082 | −0.286% | $244K | $98K | 5x | as long as short |
| Gate 4_USDT | +0.0524% | 4h | 0.02083 | −0.211% | $567K | $258K | 20x | as long as short |
| KuCoin 4USDTMshort | +0.0588% | 4h | 0.02086 | −0.077% | $916K | $12.7M | 20x | |
| Binance 4USDTlong | +0.0611% | 4h | 0.02088 | long leg | $8.1M | $11.8M | 20x | |
| MEXC 4_USDT | +0.0620% | 4h | 0.02085 | −0.125% | $1.6M | $880K | 100x | as long as short |
| BingX 4-USDT | +0.0638% | 4h | 0.02088 | +0.014% | — | $1.4M | — | as long as short |
Variational Omni 4
SunX 4-USDT
Bybit 4USDT
Aster 4USDT
Gate 4_USDT
MEXC 4_USDT
BingX 4-USDT