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: KuCoin against Binance−0.071%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$883as in the Funding arb table
Net, price: spread back to 7d avg − costs−$887as in the Price arb table
costs, in and out, $10k−$8858.848% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 4 days (all we have)−0.256%−$26 · spread now −0.071%, 7d avg −0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.026% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BNTUSDT | 0.3398 | 0.0100 | pay 0.0100% / 8h | 5h 14m | $924K | $702K | 50x |
| Short | KuCoin BNTUSDTM | 0.3396 | 0.0100 | get 0.0100% / 8h | 5h 14m | $115K | $15K | 30x |
Funding 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
- $0
- Price spread: −0.071% → −0.045%
- −$2.65
- Slippage, 4 orders
- −$862.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$887.49
- Costs to cover
- 8.848%
- Break-even
- never at this rate
Slippage from Binance: live order book, 63 min ago; KuCoin: live order book, 74 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, 63 min ago | 1.48 bp | 37.1 bp −$37 | 312.1 bp −$3,121 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 74 min ago | 31.00 bp | 324.2 bp −$324 | doesn't fit | doesn't fit | doesn't fit |
BNT on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BNTUSDTlong | +0.0100% | 8h | 0.3398 | long leg | $924K | $702K | 50x | |
| Bybit BNTUSDT | +0.0100% | 8h | 0.3403 | +0.132% | $177K | $103K | 5x | as long as short |
| Gate BNT_USDT | +0.0100% | 8h | 0.3400 | +0.046% | $38K | $16K | 10x | as long as short |
| MEXC BNT_USDT | +0.0100% | 8h | 0.3398 | −0.013% | $111K | $95K | 50x | as long as short |
| KuCoin BNTUSDTMshort | +0.0100% | 8h | 0.3396 | −0.071% | $115K | $15K | 30x | |
| Bitget BNTUSDT | +0.0100% | 8h | 0.3397 | −0.042% | $598K | $34K | 50x | as long as short |
Binance BNTUSDT
KuCoin BNTUSDTM
Bybit BNTUSDT
Gate BNT_USDT
MEXC BNT_USDT
Bitget BNTUSDT