Funding you earn now, next payment 04:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.95 per $10,000 · paid last 24h +0.059%
Price spread now: Binance against KuCoin−0.239%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,888as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,925as in the Price arb table
costs, in and out, $10k−$1,89618.958% of the position
Funding, last 7 days+0.075%+$7 on $10k
+Price spread, last 4 days (all we have)+0.335%+$33 · spread now −0.239%, 7d avg +0.057%
=Funding pays, the price is against you. Binance is 0.297% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.239% now, against its 7-day average of +0.057%). If the spread goes back, that is −$30 on $10k: about 5.2 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.075% in total) that is about 28 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.075% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.95 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 ASRUSDTM | 0.8770 | 0.0640 | pay 0.0320% / 4h | 3h 37m | $191K | $47K | 10x |
| Short | Binance ASRUSDT | 0.8749 | 0.0830 | get 0.0415% / 4h | 3h 37m | $1.9M | $736K | 10x |
KuCoin ASRUSDTM
Binance ASRUSDTFunding 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
- $39.93
- Price spread: −0.239% → +0.057%
- −$29.67
- Slippage, 4 orders
- −$1,873.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,885.5
- Costs to cover
- 18.958%
- Break-even
- 337.5 days
Slippage from KuCoin: live order book, 7 min ago; Binance: live order book, 11 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, 7 min ago | 39.79 bp | 796.7 bp −$797 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 4.00 bp | 33.2 bp −$33 | 460.4 bp −$4,604 | 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 | 0.8730 | −0.456% | $29K | $7K | 20x | as long as short |
| Bitget ASRUSDT | +0.0100% | 4h | 0.8740 | −0.342% | $195K | $72K | 10x | as long as short |
| Variational Omni ASR | +0.0100% | 4h | 0.8751 | −0.221% | $4K | $6K | — | as long as short |
| Bybit ASRUSDT | +0.0102% | 4h | 0.8748 | −0.251% | $135K | $73K | 25x | as long as short |
| KuCoin ASRUSDTMlong | +0.0640% | 4h | 0.8770 | long leg | $191K | $47K | 10x | |
| BingX ASR-USDT | +0.0780% | 4h | 0.8747 | −0.262% | — | $1.2M | — | as long as short |
| MEXC ASR_USDT | +0.0824% | 4h | 0.8750 | −0.228% | $654K | $96K | 50x | as long as short |
| Binance ASRUSDTshort | +0.0830% | 4h | 0.8749 | −0.239% | $1.9M | $736K | 10x |
Gate ASR_USDT
Bitget ASRUSDT
Variational Omni ASR
Bybit ASRUSDT
BingX ASR-USDT
MEXC ASR_USDT