Settings8H · net · $10k
Funding arb · Price arb /

B

all B markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.517%−$52 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BUSDT0.20450.0172pay 0.0086% / 4h3h 58m$11.8M$2.0M20x
ShortKuCoin BUSDTM0.20430.0100get 0.0050% / 4h3h 58m$1.9M$75K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago2.44 bp58.5 bp −$58459.9 bp −$4,5999861.1 bp −$986.1Kdoesn't fit
Sell KuCoin live order book, 8 min ago14.71 bp247.4 bp −$247doesn't fitdoesn't fitdoesn't fit

B on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BUSDT+0.0100%4h0.2042−0.135%$1.8M$962K13xas long as short
Gate B_USDT+0.0100%4h0.2039−0.272%$3.5M$621K20xas long as short
KuCoin BUSDTMshort+0.0100%4h0.2043−0.096%$1.9M$75K10x
Binance BUSDTlong+0.0172%4h0.2045long leg$11.8M$2.0M20x
BloFin B-USDT+0.0175%4h0.2047+0.119%$609K$38K20xas long as short
Extended B-USD+0.0176%1h0.2043−0.054%$15K$217K5xas long as short
MEXC B_USDT+0.0176%4h0.2044−0.028%$1.0M$370K100xas long as short
edgeX BUSDC+0.0179%4h0.2047+0.136%$3K$391K5xas long as short
Bitget BUSDT+0.0294%4h0.2044−0.028%$2.8M$288K10xas long as short
BingX B-USDT+0.0320%4h0.2044−0.028%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1012%4h0.2044−0.011%$1.9M$222K5xas long as short