Funding you earn now, next payment 04:00 UTC−0.0823%/8h= −90.2% APRnext payment −$4.12 per $10,000 · paid last 24h −0.107%
Price spread now: KuCoin against Binance−0.124%7-day average −0.293% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,611as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,575as in the Price arb table
costs, in and out, $10k−$1,59215.924% of the position
Funding, last 7 days−0.181%−$18 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.124%, 7d avg −0.293%
=The price spread pays, funding is against you. KuCoin is 0.169% dearer against Binance than usual: you sell high and buy low (spread −0.124% now, against its 7-day average of −0.293%): +$17 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.181% in total) that is about 6.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.181% in total (about -9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.12 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 | Binance ACUUSDT | 0.1213 | 0.0923 | pay 0.0462% / 4h | 3h 56m | $2.5M | $1.4M | 10x |
| Short | KuCoin ACUUSDTM | 0.1211 | 0.0100 | get 0.0050% / 4h | 3h 56m | $561K | $31K | 10x |
Funding 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
- −$172.92
- Price spread: −0.124% → −0.293%
- $16.92
- Slippage, 4 orders
- −$1,570.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,748.36
- Costs to cover
- 15.924%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; KuCoin: live order book, 66 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, 9 min ago | 0.41 bp | 38.6 bp −$39 | 193.1 bp −$1,931 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 66 min ago | 26.15 bp | 664.7 bp −$665 | doesn't fit | doesn't fit | doesn't fit |
ACU on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACUUSDT | +0.0100% | 4h | 0.1211 | −0.190% | $830K | $586K | 13x | as long as short |
| OKX ACU-USDT-SWAP | +0.0100% | 4h | 0.1211 | −0.115% | $221K | $262K | 10x | as long as short |
| Gate ACU_USDT | +0.0100% | 4h | 0.1211 | −0.157% | $172K | $15K | 10x | as long as short |
| KuCoin ACUUSDTMshort | +0.0100% | 4h | 0.1211 | −0.124% | $561K | $31K | 10x | |
| SunX ACU-USDT | +0.0100% | 4h | 0.1209 | −0.313% | $1K | $1.1M | 20x | as long as short |
| Bitget ACUUSDT | +0.0498% | 4h | 0.1212 | −0.091% | $254K | $226K | 10x | as long as short |
| Aster ACUUSDT | +0.0678% | 4h | 0.1211 | −0.188% | $2K | $4K | 5x | as long as short |
| BingX ACU-USDT | +0.0874% | 4h | 0.1212 | −0.049% | — | $1.3M | — | as long as short |
| MEXC ACU_USDT | +0.0922% | 4h | 0.1212 | −0.041% | $13.8M | $342K | 50x | as long as short |
| Binance ACUUSDTlong | +0.0923% | 4h | 0.1213 | long leg | $2.5M | $1.4M | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ACU-USDT | +0.0924% | 4h | 0.1210 | −0.247% | $117K | $59K | 10x | as long as short |
Binance ACUUSDT
KuCoin ACUUSDTM
Bybit ACUUSDT
OKX ACU-USDT-SWAP
Gate ACU_USDT
SunX ACU-USDT
Bitget ACUUSDT
Aster ACUUSDT
BingX ACU-USDT
MEXC ACU_USDT
BloFin ACU-USDT