Funding you earn now, next payment 08:00 UTC−0.0072%/8h= −7.8% APRnext payment −$0.36 per $10,000 · paid last 24h −0.054%
Price spread now: KuCoin against Binance−0.096%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$757as in the Funding arb table
Net, price: spread back to 7d avg − costs−$735as in the Price arb table
costs, in and out, $10k−$7347.335% of the position
Funding, last 7 days−0.232%−$23 on $10k
+Price spread, last 7 days−0.286%−$29 · spread now −0.096%, 7d avg −0.079%
=The price spread sits at its 7-day average of −0.079%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BUSDT | 0.2045 | 0.0172 | pay 0.0086% / 4h | 3h 58m | $11.8M | $2.0M | 20x |
| Short | KuCoin BUSDTM | 0.2043 | 0.0100 | get 0.0050% / 4h | 3h 58m | $1.9M | $75K | 10x |
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
- −$15.02
- Price spread: −0.096% → −0.079%
- −$1.73
- Slippage, 4 orders
- −$711.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$750.27
- Costs to cover
- 7.335%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 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, 12 min ago | 2.44 bp | 58.5 bp −$58 | 459.9 bp −$4,599 | 9861.1 bp −$986.1K | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 14.71 bp | 247.4 bp −$247 | doesn't fit | doesn't fit | doesn't fit |
B 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BUSDT | +0.0100% | 4h | 0.2042 | −0.135% | $1.8M | $962K | 13x | as long as short |
| Gate B_USDT | +0.0100% | 4h | 0.2039 | −0.272% | $3.5M | $621K | 20x | as long as short |
| KuCoin BUSDTMshort | +0.0100% | 4h | 0.2043 | −0.096% | $1.9M | $75K | 10x | |
| Binance BUSDTlong | +0.0172% | 4h | 0.2045 | long leg | $11.8M | $2.0M | 20x | |
| BloFin B-USDT | +0.0175% | 4h | 0.2047 | +0.119% | $609K | $38K | 20x | as long as short |
| Extended B-USD | +0.0176% | 1h | 0.2043 | −0.054% | $15K | $217K | 5x | as long as short |
| MEXC B_USDT | +0.0176% | 4h | 0.2044 | −0.028% | $1.0M | $370K | 100x | as long as short |
| edgeX BUSDC | +0.0179% | 4h | 0.2047 | +0.136% | $3K | $391K | 5x | as long as short |
| Bitget BUSDT | +0.0294% | 4h | 0.2044 | −0.028% | $2.8M | $288K | 10x | as long as short |
| BingX B-USDT | +0.0320% | 4h | 0.2044 | −0.028% | — | $1.3M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1012% | 4h | 0.2044 | −0.011% | $1.9M | $222K | 5x | as long as short |
Binance BUSDT
KuCoin BUSDTM
Bybit BUSDT
Gate B_USDT
BloFin B-USDT
Extended B-USD
MEXC B_USDT
edgeX BUSDC
Bitget BUSDT
BingX B-USDT
Aster BUSDT