Funding you earn now, next payment 04:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.51 per $10,000 · paid last 24h +0.016%
Price spread now: KuCoin against Binance+0.120%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$892as in the Funding arb table
Net, price: spread back to 7d avg − costs−$894as in the Price arb table
costs, in and out, $10k−$9029.021% of the position
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 4 days (all we have)−0.317%−$32 · spread now +0.120%, 7d avg +0.039%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.081% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AWEUSDT | 0.06413 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $2.2M | $1.4M | 40x |
| Short | KuCoin AWEUSDTM | 0.06421 | 0.0202 | get 0.0101% / 4h | 3h 59m | $152K | $65K | 20x |
Funding 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
- $21.42
- Price spread: +0.120% → +0.039%
- $8.08
- Slippage, 4 orders
- −$880.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$872.58
- Costs to cover
- 9.021%
- Break-even
- 292.2 days
Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 55 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, 6 min ago | 3.12 bp | 27.0 bp −$27 | 134.0 bp −$1,340 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 55 min ago | 8.58 bp | 600.7 bp −$601 | doesn't fit | doesn't fit | doesn't fit |
AWE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AWE-USDT | +0.0070% | 4h | 0.06419 | +0.089% | $142K | $23K | 40x | as long as short |
| Aster AWEUSDT | +0.0100% | 4h | 0.06414 | +0.006% | $2K | $8K | 5x | as long as short |
| Binance AWEUSDTlong | +0.0100% | 4h | 0.06413 | long leg | $2.2M | $1.4M | 40x | |
| Bybit AWEUSDT | +0.0100% | 4h | 0.06418 | +0.073% | $539K | $221K | 25x | as long as short |
| MEXC AWE_USDT | +0.0100% | 4h | 0.06414 | +0.011% | $1.1M | $131K | 20x | as long as short |
| Bitget AWEUSDT | +0.0100% | 4h | 0.06415 | +0.023% | $442K | $257K | 40x | as long as short |
| Gate AWE_USDT | +0.0165% | 8h | 0.06400 | −0.207% | $47K | $35K | 25x | as long as short |
| KuCoin AWEUSDTMshort | +0.0202% | 4h | 0.06421 | +0.120% | $152K | $65K | 20x | |
| BingX AWE-USDT | +0.0696% | 4h | 0.06414 | +0.011% | — | $6.6M | — | as long as short |
Binance AWEUSDT
KuCoin AWEUSDTM
BloFin AWE-USDT
Aster AWEUSDT
Bybit AWEUSDT
MEXC AWE_USDT
Bitget AWEUSDT
Gate AWE_USDT
BingX AWE-USDT