Funding you earn now, next payment 08:00 UTC+0.0766%/8h= +83.9% APRnext payment +$3.83 per $10,000 · paid last 24h +0.200%
Price spread now: KuCoin against Binance−0.148%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$683as in the Funding arb table
Net, price: spread back to 7d avg − costs−$758as in the Price arb table
costs, in and out, $10k−$7527.517% of the position
Funding, last 7 days+0.691%+$69 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.148%, 7d avg −0.086%
=Funding pays, the price is against you. KuCoin is 0.062% cheaper against Binance than usual: you would sell low and buy high (spread −0.148% now, against its 7-day average of −0.086%). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.691% in total) that is about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APRUSDT | 0.1484 | 0.0100 | pay 0.0050% / 4h | 2h 35m | $6.8M | $5.1M | 50x |
| Short | KuCoin APRUSDTM | 0.1482 | 0.0866 | get 0.0433% / 4h | 2h 35m | $2.4M | $343K | 50x |
Binance APRUSDT
KuCoin APRUSDTMFunding 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
- $160.86
- Price spread: −0.148% → −0.086%
- −$6.19
- Slippage, 4 orders
- −$729.69
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$597.03
- Costs to cover
- 7.517%
- Break-even
- 33.0 days
Slippage from Binance: live order book, 3 min ago; KuCoin: 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 Binance live order book, 3 min ago | 6.74 bp | 31.1 bp −$31 | 244.2 bp −$2,442 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 10.11 bp | 191.3 bp −$191 | doesn't fit | doesn't fit | doesn't fit |
APR on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APRUSDTlong | +0.0100% | 4h | 0.1484 | long leg | $6.8M | $5.1M | 50x | |
| MEXC APR_USDT | +0.0100% | 4h | 0.1485 | +0.067% | $372K | $175K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1485 | +0.074% | $2K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1491 | +0.472% | $19K | $44K | 20x | as long as short |
| BloFin APR-USDT | +0.0110% | 4h | 0.1480 | −0.270% | $289K | $110K | 50x | as long as short |
| Bybit APRUSDT | +0.0157% | 4h | 0.1485 | +0.067% | $1.5M | $631K | 20x | as long as short |
| Bitget APRUSDT | +0.0190% | 4h | 0.1484 | +0.034% | $4.0M | $1.0M | 50x | as long as short |
| BingX APR-USDT | +0.0418% | 4h | 0.1483 | −0.067% | — | $1.4M | — | as long as short |
| OKX APR-USDT-SWAP | +0.0427% | 4h | 0.1483 | −0.067% | $1.3M | $2.5M | 20x | as long as short |
| Aster APRUSDT | +0.0788% | 4h | 0.1480 | −0.254% | $72K | $80K | 5x | as long as short |
MEXC APR_USDT
SunX APR-USDT
HTX APR-USDT
BloFin APR-USDT
Bybit APRUSDT
Bitget APRUSDT
BingX APR-USDT
OKX APR-USDT-SWAP
Aster APRUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APRUSDTMshort | +0.0866% | 4h | 0.1482 | −0.148% | $2.4M | $343K | 50x | |
| Gate APR_USDT | +0.1084% | 4h | 0.1482 | −0.142% | $701K | $204K | 25x | as long as short |
Gate APR_USDT