Funding you earn now, next payment 04:00 UTC+0.0868%/8h= +95.1% APRnext payment +$4.34 per $10,000 · paid last 24h −0.220%
Price spread now: Binance against KuCoin−1.093%7-day average −1.485% · you buy dearer than you sell
Net, funding: paid 7d − costs−$274as in the Funding arb table
Net, price: spread back to 7d avg − costs−$244as in the Price arb table
costs, in and out, $10k−$2832.830% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 7 days+0.636%+$64 · spread now −1.093%, 7d avg −1.485%
=Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Binance is 0.393% dearer against KuCoin than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of −1.485%.
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 +$4.34 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 | KuCoin AINUSDTM | 0.02105 | 0.1216 | pay 0.0608% / 4h | 1h 14m | $1.0M | $490K | 10x |
| Short | Binance AINUSDT | 0.02082 | 0.2084 | get 0.1042% / 4h | 1h 14m | $6.8M | $7.5M | 10x |
KuCoin AINUSDTM
Binance AINUSDTFunding 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
- $182.3
- Price spread: −1.093% → −1.485%
- $39.26
- Slippage, 4 orders
- −$261.04
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$61.49
- Costs to cover
- 2.830%
- Break-even
- 9.4 days
Slippage from KuCoin: live order book, 10 min ago; Binance: live order book, 9 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, 10 min ago | 11.90 bp | 107.9 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.40 bp | 35.1 bp −$35 | 184.7 bp −$1,847 | 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 | 0.02106 | +0.048% | $549K | $261K | 10x | as long as short |
| Gate AIN_USDT | +0.0954% | 4h | 0.02095 | −0.475% | $722K | $321K | 5x | as long as short |
| KuCoin AINUSDTMlong | +0.1216% | 4h | 0.02105 | long leg | $1.0M | $490K | 10x | |
| BingX AIN-USDT | +0.1980% | 4h | 0.02084 | −0.998% | — | $6.6M | — | as long as short |
| Binance AINUSDTshort | +0.2084% | 4h | 0.02082 | −1.093% | $6.8M | $7.5M | 10x | |
| MEXC AIN_USDT | +0.2088% | 4h | 0.02083 | −1.045% | $2.1M | $798K | 100x | as long as short |
| Aster AINUSDT | +0.2330% | 4h | 0.02083 | −1.045% | $187K | $232K | 5x | as long as short |
Bitget AINUSDT
Gate AIN_USDT
BingX AIN-USDT
MEXC AIN_USDT
Aster AINUSDT