Funding you earn now, next payment 12:00 UTC−0.0143%/8h= −15.7% APRnext payment −$0.72 per $10,000 · paid last 24h −0.124%
Price spread now: KuCoin against Binance−0.131%7-day average −0.275% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,202as in the Price arb table
costs, in and out, $10k−$1,21712.168% of the position
Funding, last 7 days−0.422%−$42 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.131%, 7d avg −0.275%
=The price spread pays, funding is against you. KuCoin is 0.144% dearer against Binance than usual: you sell high and buy low (spread −0.131% now, against its 7-day average of −0.275%): +$14 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BANUSDT | 0.06847 | 0.0243 | pay 0.0122% / 4h | 10m 10s | $6.7M | $718K | 25x |
| Short | KuCoin BANUSDTM | 0.06838 | 0.0100 | get 0.0050% / 4h | 10m 10s | $316K | $15K | 20x |
Binance BANUSDT
KuCoin BANUSDTMFunding 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
- −$30.1
- Price spread: −0.131% → −0.275%
- $14.36
- Slippage, 4 orders
- −$1,194.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,232.56
- Costs to cover
- 12.168%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; KuCoin: 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 Binance live order book, 6 min ago | 2.92 bp | 46.0 bp −$46 | 591.0 bp −$5,910 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 14 min ago | 57.10 bp | 632.1 bp −$632 | doesn't fit | doesn't fit | doesn't fit |
BAN on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANUSDT | +0.0100% | 4h | 0.06860 | +0.190% | $12K | $635 | 5x | as long as short |
| Bybit BANUSDT | +0.0100% | 4h | 0.06833 | −0.204% | $2.9M | $231K | 13x | as long as short |
| Gate BAN_USDT | +0.0100% | 8h | 0.06834 | −0.190% | $1.2M | $49K | 20x | as long as short |
| KuCoin BANUSDTMshort | +0.0100% | 4h | 0.06838 | −0.131% | $316K | $15K | 20x | |
| Variational Omni BAN | +0.0100% | 4h | 0.06834 | −0.195% | $16 | — | — | as long as short |
| Bitget BANUSDT | +0.0168% | 4h | 0.06842 | −0.073% | $1.1M | $64K | 25x | as long as short |
| MEXC BAN_USDT | +0.0226% | 4h | 0.06858 | +0.161% | $8.2M | $154K | 100x | as long as short |
| Binance BANUSDTlong | +0.0243% | 4h | 0.06847 | long leg | $6.7M | $718K | 25x |
Aster BANUSDT
Bybit BANUSDT
Gate BAN_USDT
Variational Omni BAN
Bitget BANUSDT
MEXC BAN_USDT