Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.038%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$774as in the Funding arb table
Net, price: spread back to 7d avg − costs−$798as in the Price arb table
costs, in and out, $10k−$8028.021% of the position
Funding, last 7 days+0.284%+$28 on $10k
+Price spread, last 4 days (all we have)−0.160%−$16 · spread now −0.038%, 7d avg −0.082%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.044% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AXLUSDTM | 0.05314 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $451K | $93K | 30x |
| Short | Binance AXLUSDT | 0.05312 | 0.0100 | get 0.0050% / 4h | 2h 22m | $1.9M | $4.1M | 50x |
KuCoin AXLUSDTM
Binance AXLUSDTFunding 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
- $0
- Price spread: −0.038% → −0.082%
- $4.42
- Slippage, 4 orders
- −$780.12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$797.7
- Costs to cover
- 8.021%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 15 min ago; Binance: live order book, 14 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, 15 min ago | 9.45 bp | 467.0 bp −$467 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 3.76 bp | 45.8 bp −$46 | 205.1 bp −$2,051 | doesn't fit | doesn't fit |
AXL 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX AXL-USDT | +0.0070% | 4h | 0.05318 | +0.075% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05312 | −0.029% | $35K | $6K | 5x | as long as short |
| Binance AXLUSDTshort | +0.0100% | 4h | 0.05312 | −0.038% | $1.9M | $4.1M | 50x | |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05317 | +0.056% | $1.5M | $1.9M | 25x | as long as short |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05316 | +0.038% | $350K | $165K | 50x | as long as short |
| KuCoin AXLUSDTMlong | +0.0100% | 4h | 0.05314 | long leg | $451K | $93K | 30x | |
| Bitget AXLUSDT | +0.0100% | 4h | 0.05312 | −0.038% | $575K | $297K | 50x | as long as short |
| Variational Omni AXL | +0.0100% | 4h | 0.05324 | +0.181% | $6K | $23K | — | as long as short |
BingX AXL-USDT
Aster AXLUSDT
Bybit AXLUSDT
MEXC AXL_USDT
Bitget AXLUSDT
Variational Omni AXL