Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.356%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$536as in the Funding arb table
Net, price: spread back to 7d avg − costs−$578as in the Price arb table
costs, in and out, $10k−$5425.416% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)+0.270%+$27 · spread now −0.356%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.364% cheaper against KuCoin than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BATUSDTM | 0.08430 | 0.0100 | pay 0.0100% / 8h | 7h 38m | $265K | $61K | 20x |
| Short | Binance BATUSDT | 0.08400 | 0.0100 | get 0.0100% / 8h | 7h 38m | $1.9M | $2.1M | 50x |
KuCoin BATUSDTM
Binance BATUSDTFunding 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
- $0
- Price spread: −0.356% → +0.008%
- −$36.37
- Slippage, 4 orders
- −$519.63
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$578
- Costs to cover
- 5.416%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 12 min ago; Binance: live order book, 11 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, 12 min ago | 11.89 bp | 296.6 bp −$297 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 3.57 bp | 23.5 bp −$24 | 102.0 bp −$1,020 | doesn't fit | doesn't fit |
BAT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BATUSD | −0.0342% | 1h | 0.08404 | −0.307% | $115K | $17K | 10x | as long as short |
| BloFin BAT-USDT | +0.0085% | 8h | 0.08410 | −0.237% | $99K | $22K | 50x | as long as short |
| Binance BATUSDTshort | +0.0100% | 8h | 0.08400 | −0.356% | $1.9M | $2.1M | 50x | |
| Bybit BATUSDT | +0.0100% | 8h | 0.08408 | −0.261% | $1.1M | $448K | 25x | as long as short |
| OKX BAT-USDT-SWAP | +0.0100% | 8h | 0.08402 | −0.332% | $532K | $466K | 20x | as long as short |
| Gate BAT_USDT | +0.0100% | 8h | 0.08409 | −0.249% | $84K | $53K | 25x | as long as short |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08399 | −0.368% | $875K | $625K | 125x | as long as short |
| KuCoin BATUSDTMlong | +0.0100% | 8h | 0.08430 | long leg | $265K | $61K | 20x | |
| Bitget BATUSDT | +0.0100% | 8h | 0.08404 | −0.308% | $685K | $187K | 50x | as long as short |
| BingX BAT-USDT | +0.0100% | 8h | 0.08410 | −0.237% | — | $1.3M | — | as long as short |
Kraken Futures PF_BATUSD
BloFin BAT-USDT
Bybit BATUSDT
OKX BAT-USDT-SWAP
Gate BAT_USDT
MEXC BAT_USDT
Bitget BATUSDT
BingX BAT-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BAT | +0.0100% | 8h | 0.08419 | −0.134% | $114K | $78 | — | as long as short |
Variational Omni BAT