Funding you earn now, next payment 08:00 UTC+0.0197%/8h= +21.6% APRnext payment +$0.99 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.087%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$355as in the Funding arb table
Net, price: spread back to 7d avg − costs−$351as in the Price arb table
costs, in and out, $10k−$3613.613% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 7 days−0.093%−$9 · spread now +0.087%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.108% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.021%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.066% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.99 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BANKUSDTM | 0.03450 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $1.2M | $152K | 50x |
| Short | Binance BANKUSDT | 0.03453 | 0.0297 | get 0.0149% / 4h | 2h 50m | $7.5M | $31.2M | 50x |
KuCoin BANKUSDTM
Binance BANKUSDTFunding 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
- $41.39
- Price spread: +0.087% → −0.021%
- $10.8
- Slippage, 4 orders
- −$339.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$309.13
- Costs to cover
- 3.613%
- Break-even
- 59.3 days
Slippage from KuCoin: live order book, 10 min ago; Binance: live order book, 6 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, 10 min ago | 8.74 bp | 160.4 bp −$160 | 957.6 bp −$9,576 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.45 bp | 13.3 bp −$13 | 57.9 bp −$579 | doesn't fit | doesn't fit |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03450 | −0.005% | $54K | $93K | 5x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03454 | +0.116% | $720K | $1.3M | 10x | as long as short |
| KuCoin BANKUSDTMlong | +0.0100% | 4h | 0.03450 | long leg | $1.2M | $152K | 50x | |
| HTX BANK-USDT | +0.0100% | 4h | 0.03441 | −0.261% | $40K | $231K | 20x | as long as short |
| edgeX BANKUSDC | +0.0284% | 4h | 0.03452 | +0.044% | $1K | $246K | 5x | as long as short |
| MEXC BANK_USDT | +0.0292% | 4h | 0.03453 | +0.087% | $2.5M | $507K | 20x | as long as short |
| Binance BANKUSDTshort | +0.0297% | 4h | 0.03453 | +0.087% | $7.5M | $31.2M | 50x | |
| BloFin BANK-USDT | +0.0532% | 4h | 0.03454 | +0.116% | $436K | $78K | 50x | as long as short |
| Bitget BANKUSDT | +0.0744% | 4h | 0.03455 | +0.145% | $2.8M | $3.5M | 25x | as long as short |
| BingX BANK-USDT | +0.0794% | 4h | 0.03453 | +0.087% | — | $6.9M | — | as long as short |
Aster BANKUSDT
Gate BANK_USDT
HTX BANK-USDT
edgeX BANKUSDC
MEXC BANK_USDT
BloFin BANK-USDT
Bitget BANKUSDT
BingX BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BANKUSDT | +0.0993% | 4h | 0.03454 | +0.116% | $2.8M | $6.5M | 20x | as long as short |
Bybit BANKUSDT