Funding you earn now, next payment 04:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.56 per $10,000 · paid last 24h −0.019%
Price spread now: Binance against KuCoin−0.045%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$414as in the Funding arb table
Net, price: spread back to 7d avg − costs−$389as in the Price arb table
costs, in and out, $10k−$3793.793% of the position
Funding, last 7 days−0.351%−$35 on $10k
+Price spread, last 7 days+0.028%+$3 · spread now −0.045%, 7d avg +0.047%
=Funding pays, the price is against you. Binance is 0.092% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.047%). If the spread goes back, that is −$9 on $10k: about 2.7 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.351%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 4USDTM | 0.02174 | 0.0616 | pay 0.0308% / 4h | 3h 12m | $942K | $12.7M | 20x |
| Short | Binance 4USDT | 0.02173 | 0.0728 | get 0.0364% / 4h | 3h 12m | $8.4M | $11.2M | 20x |
KuCoin 4USDTM
Binance 4USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $23.62
- Price spread: −0.045% → +0.047%
- −$9.18
- Slippage, 4 orders
- −$357.33
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$364.89
- Costs to cover
- 3.793%
- Break-even
- 115.2 days
Slippage from KuCoin: live order book, 6 min ago; Binance: live order book, 12 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, 6 min ago | 2.31 bp | 285.3 bp −$285 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.14 bp | 30.8 bp −$31 | 145.0 bp −$1,450 | 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 | 0.02170 | −0.165% | $50K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02173 | −0.046% | $2K | $1.1M | 20x | as long as short |
| Aster 4USDT | +0.0596% | 4h | 0.02173 | −0.051% | $248K | $90K | 5x | as long as short |
| KuCoin 4USDTMlong | +0.0616% | 4h | 0.02174 | long leg | $942K | $12.7M | 20x | |
| BingX 4-USDT | +0.0676% | 4h | 0.02172 | −0.074% | — | $1.4M | — | as long as short |
| MEXC 4_USDT | +0.0710% | 4h | 0.02173 | −0.046% | $1.9M | $852K | 100x | as long as short |
| Binance 4USDTshort | +0.0728% | 4h | 0.02173 | −0.045% | $8.4M | $11.2M | 20x | |
| Bybit 4USDT | +0.0772% | 4h | 0.02171 | −0.152% | $2.9M | $1.7M | 5x | as long as short |
| Gate 4_USDT | +0.1492% | 4h | 0.02178 | +0.170% | $596K | $245K | 20x | as long as short |
Variational Omni 4
SunX 4-USDT
Aster 4USDT
BingX 4-USDT
MEXC 4_USDT
Bybit 4USDT
Gate 4_USDT