Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against Binance+0.059%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$935as in the Funding arb table
Net, price: spread back to 7d avg − costs−$913as in the Price arb table
costs, in and out, $10k−$9199.194% of the position
Funding, last 7 days−0.161%−$16 on $10k
+Price spread, last 4 days (all we have)−0.204%−$20 · spread now +0.059%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.061% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AUCTIONUSDT | 3.7148 | 0.0100 | pay 0.0050% / 4h | 1h 34m | $2.5M | $1.6M | 50x |
| Short | KuCoin AUCTIONUSDTM | 3.7170 | 0.0100 | get 0.0050% / 4h | 1h 34m | $372K | $111K | 20x |
Binance AUCTIONUSDT
KuCoin AUCTIONUSDTMFunding 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
- $0
- Price spread: +0.059% → −0.002%
- $6.11
- Slippage, 4 orders
- −$897.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$913.25
- Costs to cover
- 9.194%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; KuCoin: live order book, 62 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, 15 min ago | 1.35 bp | 27.0 bp −$27 | 197.0 bp −$1,970 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 62 min ago | 6.77 bp | 466.1 bp −$466 | doesn't fit | doesn't fit | doesn't fit |
AUCTION on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSD | −0.0363% | 1h | 3.7219 | +0.192% | $8K | $256 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.7136 | −0.031% | $928 | $2K | 5x | as long as short |
| Binance AUCTIONUSDTlong | +0.0100% | 4h | 3.7148 | long leg | $2.5M | $1.6M | 50x | |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.7190 | +0.113% | $595K | $272K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.7150 | +0.005% | $776K | $685K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.7150 | +0.005% | $104K | $71K | 50x | as long as short |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.7160 | +0.032% | $440K | $143K | 20x | as long as short |
| KuCoin AUCTIONUSDTMshort | +0.0100% | 4h | 3.7170 | +0.059% | $372K | $111K | 20x | |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.7160 | +0.032% | $376K | $153K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.7160 | +0.032% | — | $7.7M | — | as long as short |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
Gate AUCTION_USDT
MEXC AUCTION_USDT
Bitget AUCTIONUSDT
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.7213 | +0.174% | $172 | $38 | — | as long as short |
Variational Omni AUCTION