Funding you earn now, next payment 08:00 UTC−0.0653%/8h= −71.5% APRnext payment −$3.26 per $10,000 · paid last 24h −0.098%
Price spread now: KuCoin against Binance−0.005%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,016as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,000as in the Price arb table
costs, in and out, $10k−$2,00520.050% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now −0.005%, 7d avg −0.055%
=The price spread pays, funding is against you. KuCoin is 0.050% dearer against Binance than usual: you sell high and buy low (spread −0.005% now, against its 7-day average of −0.055%): +$5 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.114% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.114% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.26 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 ASRUSDT | 0.8710 | 0.0753 | pay 0.0376% / 4h | 22m 47s | $1.9M | $747K | 10x |
| Short | KuCoin ASRUSDTM | 0.8710 | 0.0100 | get 0.0050% / 4h | 22m 47s | $187K | $37K | 10x |
Binance ASRUSDT
KuCoin ASRUSDTMFunding 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
- −$137.05
- Price spread: −0.005% → −0.055%
- $4.95
- Slippage, 4 orders
- −$1,983.03
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,137.13
- Costs to cover
- 20.050%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 8 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, 11 min ago | 0.57 bp | 28.0 bp −$28 | 782.9 bp −$7,829 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 22.91 bp | 872.9 bp −$873 | doesn't fit | doesn't fit | doesn't fit |
ASR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ASR_USDT | +0.0100% | 4h | 0.8710 | −0.005% | $30K | $4K | 20x | as long as short |
| KuCoin ASRUSDTMshort | +0.0100% | 4h | 0.8710 | −0.005% | $187K | $37K | 10x | |
| Bitget ASRUSDT | +0.0100% | 4h | 0.8720 | +0.110% | $197K | $46K | 10x | as long as short |
| Variational Omni ASR | +0.0100% | 4h | 0.8728 | +0.200% | $4K | $6K | — | as long as short |
| Bybit ASRUSDT | +0.0102% | 4h | 0.8713 | +0.029% | $141K | $80K | 25x | as long as short |
| BingX ASR-USDT | +0.0738% | 4h | 0.8711 | +0.006% | — | $1.2M | — | as long as short |
| Binance ASRUSDTlong | +0.0753% | 4h | 0.8710 | long leg | $1.9M | $747K | 10x | |
| MEXC ASR_USDT | +0.0760% | 4h | 0.8708 | −0.028% | $642K | $95K | 50x | as long as short |
Gate ASR_USDT
Bitget ASRUSDT
Variational Omni ASR
Bybit ASRUSDT
BingX ASR-USDT
MEXC ASR_USDT