Funding you earn now, next payment 04:00 UTC−0.0283%/8h= −30.9% APRnext payment −$1.41 per $10,000 · paid last 24h −0.147%
Price spread now: Binance against KuCoin−0.084%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,696as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,665as in the Price arb table
costs, in and out, $10k−$1,66216.625% of the position
Funding, last 7 days−0.339%−$34 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.084%, 7d avg −0.055%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Binance is 0.029% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.055%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALPINEUSDTM | 0.3580 | 0.0658 | pay 0.0329% / 4h | 27m 09s | $233K | $574K | 10x |
| Short | Binance ALPINEUSDT | 0.3577 | 0.0375 | get 0.0188% / 4h | 27m 09s | $1.6M | $775K | 10x |
KuCoin ALPINEUSDTM
Binance ALPINEUSDTFunding 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
- −$59.33
- Price spread: −0.084% → −0.055%
- −$2.88
- Slippage, 4 orders
- −$1,640.47
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,724.69
- Costs to cover
- 16.625%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 56 min ago; Binance: live order book, 6 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, 56 min ago | 11.18 bp | 845.0 bp −$845 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 4.20 bp | 47.2 bp −$47 | 405.4 bp −$4,054 | doesn't fit | doesn't fit |
ALPINE 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALPINEUSDT | +0.0100% | 4h | 0.3572 | −0.223% | $157K | $29K | 25x | as long as short |
| Variational Omni ALPINE | +0.0100% | 4h | 0.3582 | +0.052% | $5K | $1 | — | as long as short |
| Binance ALPINEUSDTshort | +0.0375% | 4h | 0.3577 | −0.084% | $1.6M | $775K | 10x | |
| MEXC ALPINE_USDT | +0.0382% | 4h | 0.3577 | −0.084% | $173K | $104K | 50x | as long as short |
| BingX ALPINE-USDT | +0.0392% | 4h | 0.3582 | +0.056% | — | $1.2M | — | as long as short |
| Gate ALPINE_USDT | +0.0410% | 8h | 0.3574 | −0.168% | $69K | $19K | 25x | as long as short |
| KuCoin ALPINEUSDTMlong | +0.0658% | 4h | 0.3580 | long leg | $233K | $574K | 10x |
Bybit ALPINEUSDT
Variational Omni ALPINE
MEXC ALPINE_USDT
BingX ALPINE-USDT
Gate ALPINE_USDT