Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +11.0% APRnext payment +$0.50 per $10,000 · paid last 24h +0.124%
Price spread now: Binance against KuCoin+0.465%7-day average +0.277% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,543as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,565as in the Price arb table
costs, in and out, $10k−$1,58415.841% of the position
Funding, last 7 days+0.407%+$41 on $10k
+Price spread, last 4 days (all we have)−0.293%−$29 · spread now +0.465%, 7d avg +0.277%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.188% dearer against KuCoin than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.277%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BANUSDTM | 0.06881 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $311K | $16K | 20x |
| Short | Binance BANUSDT | 0.06913 | 0.0200 | get 0.0100% / 4h | 2h 15m | $6.8M | $839K | 25x |
KuCoin BANUSDTM
Binance BANUSDTFunding 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
- $21.06
- Price spread: +0.465% → +0.277%
- $18.84
- Slippage, 4 orders
- −$1,562.06
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,544.16
- Costs to cover
- 15.841%
- Break-even
- 520.3 days
Slippage from KuCoin: live order book, 41 min ago; Binance: 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 KuCoin live order book, 41 min ago | 49.35 bp | 794.6 bp −$795 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 2.18 bp | 35.1 bp −$35 | 535.5 bp −$5,355 | doesn't fit | doesn't fit |
BAN 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANUSDT | +0.0100% | 4h | 0.06900 | +0.276% | $12K | $673 | 5x | as long as short |
| Bybit BANUSDT | +0.0100% | 4h | 0.06897 | +0.233% | $2.9M | $288K | 13x | as long as short |
| Gate BAN_USDT | +0.0100% | 8h | 0.06878 | −0.044% | $1.2M | $52K | 20x | as long as short |
| KuCoin BANUSDTMlong | +0.0100% | 4h | 0.06881 | long leg | $311K | $16K | 20x | |
| Bitget BANUSDT | +0.0100% | 4h | 0.06912 | +0.451% | $1.1M | $66K | 25x | as long as short |
| Variational Omni BAN | +0.0100% | 4h | 0.06878 | −0.039% | $16 | — | — | as long as short |
| MEXC BAN_USDT | +0.0170% | 4h | 0.06915 | +0.494% | $8.3M | $156K | 100x | as long as short |
| Binance BANUSDTshort | +0.0200% | 4h | 0.06913 | +0.465% | $6.8M | $839K | 25x |
Aster BANUSDT
Bybit BANUSDT
Gate BAN_USDT
Bitget BANUSDT
Variational Omni BAN
MEXC BAN_USDT