Funding you earn now, next payment 04:00 UTC−0.0820%/8h= −89.8% APRnext payment −$4.10 per $10,000 · paid last 24h +0.220%
Price spread now: KuCoin against Binance+1.152%7-day average +1.485% · you sell dearer than you buy
Net, funding: paid 7d − costs−$294as in the Funding arb table
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$2862.858% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 7 days−0.695%−$69 · spread now +1.152%, 7d avg +1.485%
=Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and KuCoin is 0.334% cheaper against Binance than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of +1.485%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.086% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.10 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 AINUSDT | 0.02084 | 0.2076 | pay 0.1038% / 4h | 1h 13m | $6.8M | $7.4M | 10x |
| Short | KuCoin AINUSDTM | 0.02108 | 0.1256 | get 0.0628% / 4h | 1h 13m | $1.0M | $490K | 10x |
Binance AINUSDT
KuCoin AINUSDTMFunding 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
- −$172.28
- Price spread: +1.152% → +1.485%
- −$33.36
- Slippage, 4 orders
- −$263.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$491.44
- Costs to cover
- 2.858%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 1 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, 10 min ago | 2.40 bp | 41.9 bp −$42 | 289.2 bp −$2,892 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 11.86 bp | 120.7 bp −$121 | doesn't fit | doesn't fit | doesn't fit |
AIN on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AINUSDT | +0.0100% | 4h | 0.02109 | +1.200% | $549K | $261K | 10x | as long as short |
| Gate AIN_USDT | +0.0952% | 4h | 0.02096 | +0.576% | $723K | $321K | 5x | as long as short |
| KuCoin AINUSDTMshort | +0.1256% | 4h | 0.02108 | +1.152% | $1.0M | $490K | 10x | |
| BingX AIN-USDT | +0.1976% | 4h | 0.02086 | +0.096% | — | $6.6M | — | as long as short |
| MEXC AIN_USDT | +0.2076% | 4h | 0.02085 | +0.048% | $2.1M | $798K | 100x | as long as short |
| Binance AINUSDTlong | +0.2076% | 4h | 0.02084 | long leg | $6.8M | $7.4M | 10x | |
| Aster AINUSDT | +0.2319% | 4h | 0.02082 | −0.096% | $187K | $232K | 5x | as long as short |
Bitget AINUSDT
Gate AIN_USDT
BingX AIN-USDT
MEXC AIN_USDT
Aster AINUSDT