Funding you earn now, next payment 04:00 UTC+0.0077%/8h= +8.4% APRnext payment +$0.38 per $10,000 · paid last 24h +0.054%
Price spread now: Binance against KuCoin+0.191%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$710as in the Funding arb table
Net, price: spread back to 7d avg − costs−$722as 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+0.191%+$19 · spread now +0.191%, 7d avg +0.079%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.112% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BUSDTM | 0.2043 | 0.0100 | pay 0.0050% / 4h | 0m 30s | $1.9M | $75K | 10x |
| Short | Binance BUSDT | 0.2047 | 0.0177 | get 0.0088% / 4h | 0m 30s | $11.8M | $2.0M | 20x |
KuCoin BUSDTM
Binance BUSDTFunding 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
- $16.12
- Price spread: +0.191% → +0.079%
- $11.21
- Slippage, 4 orders
- −$711.52
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$706.2
- Costs to cover
- 7.335%
- Break-even
- 313.8 days
Slippage from KuCoin: live order book, 6 min ago; Binance: live order book, 10 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, 6 min ago | 14.71 bp | 387.3 bp −$387 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 2.44 bp | 40.2 bp −$40 | 303.2 bp −$3,032 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDT | +0.0100% | 4h | 0.2043 | −0.005% | $3.5M | $640K | 20x | as long as short |
| KuCoin BUSDTMlong | +0.0100% | 4h | 0.2043 | long leg | $1.9M | $75K | 10x | |
| Bybit BUSDT | +0.0103% | 4h | 0.2044 | +0.039% | $1.8M | $962K | 13x | as long as short |
| Binance BUSDTshort | +0.0177% | 4h | 0.2047 | +0.191% | $11.8M | $2.0M | 20x | |
| MEXC B_USDT | +0.0180% | 4h | 0.2047 | +0.191% | $1.0M | $374K | 100x | as long as short |
| Extended B-USD | +0.0184% | 1h | 0.2046 | +0.162% | $15K | $220K | 5x | as long as short |
| edgeX BUSDC | +0.0187% | 4h | 0.2046 | +0.130% | $3K | $390K | 5x | as long as short |
| BloFin B-USDT | +0.0221% | 4h | 0.2044 | +0.044% | $608K | $38K | 20x | as long as short |
| Bitget BUSDT | +0.0304% | 4h | 0.2047 | +0.191% | $2.8M | $285K | 10x | as long as short |
| BingX B-USDT | +0.0320% | 4h | 0.2047 | +0.191% | — | $1.3M | — | as long as short |
Gate B_USDT
Bybit BUSDT
MEXC B_USDT
Extended B-USD
edgeX BUSDC
BloFin B-USDT
Bitget BUSDT
BingX B-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1024% | 4h | 0.2046 | +0.142% | $1.9M | $219K | 5x | as long as short |
Aster BUSDT