Funding you earn now, next payment 08:00 UTC−0.0541%/8h= −59.2% APRnext payment −$2.71 per $10,000 · paid last 24h −0.196%
Price spread now: KuCoin against Binance+0.029%7-day average −0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$295as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1351.353% of the position
Funding, last 7 days−1.595%−$160 on $10k
+Price spread, last 7 days+0.111%+$11 · spread now +0.029%, 7d avg −0.127%
=The price spread pays, funding is against you. KuCoin is 0.156% dearer against Binance than usual: you sell high and buy low (spread +0.029% now, against its 7-day average of −0.127%): +$16 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BRUSDT | 1.1704 | 0.0893 | pay 0.0447% / 4h | 41m 59s | $55.8M | $134.3M | 25x |
| Short | KuCoin BRUSDTM | 1.1708 | 0.0352 | get 0.0176% / 4h | 41m 59s | $5.1M | $4.9M | 30x |
Binance BRUSDT
KuCoin BRUSDTMFunding 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
- −$113.62
- Price spread: +0.029% → −0.127%
- $15.63
- Slippage, 4 orders
- −$113.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$233.29
- Costs to cover
- 1.353%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; KuCoin: 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 Binance live order book, 1 min ago | 0.13 bp | 16.5 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 3.16 bp | 41.3 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1705 | +0.003% | — | $5.7M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1692 | −0.103% | $11.3M | $21.9M | 5x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1553 | −1.288% | $275K | $268K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1609 | −0.813% | — | $736K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1675 | −0.251% | $89K | $238K | 20x | as long as short |
| Bitget BRUSDT | +0.0210% | 4h | 1.1710 | +0.050% | $8.6M | $9.9M | 10x | as long as short |
| Gate BR_USDT | +0.0246% | 4h | 1.1653 | −0.434% | $7.7M | $8.8M | 20x | as long as short |
| Aster BRUSDT | +0.0262% | 4h | 1.1659 | −0.384% | $678K | $2.3M | 5x | as long as short |
| KuCoin BRUSDTMshort | +0.0352% | 4h | 1.1708 | +0.029% | $5.1M | $4.9M | 30x | |
| MEXC BR_USDT | +0.0892% | 4h | 1.1701 | −0.026% | $15.7M | $6.2M | 100x | as long as short |
BingX BR-USDT
Bybit BRUSDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Bitget BRUSDT
Gate BR_USDT
Aster BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDTlong | +0.0893% | 4h | 1.1704 | long leg | $55.8M | $134.3M | 25x |