Funding you earn now, next payment 08:00 UTC+0.0577%/8h= +63.2% APRnext payment +$2.88 per $10,000 · paid last 24h +0.198%
Price spread now: Binance against KuCoin+0.058%7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs+$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1331.325% of the position
Funding, last 7 days+1.559%+$156 on $10k
+Price spread, last 7 days−0.170%−$17 · spread now +0.058%, 7d avg +0.125%
=Funding pays, the price is against you. Binance is 0.067% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.058% now, against its 7-day average of +0.125%). If the spread goes back, that is −$7 on $10k: about 9 hours of funding at the current rate (+$17 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BRUSDTM | 1.1299 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $4.9M | $5.0M | 30x |
| Short | Binance BRUSDT | 1.1306 | 0.0677 | get 0.0338% / 4h | 3h 59m | $54.0M | $139.9M | 25x |
KuCoin BRUSDTM
Binance BRUSDTFunding 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
- $121.14
- Price spread: +0.058% → +0.125%
- −$6.73
- Slippage, 4 orders
- −$110.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$18.09
- Costs to cover
- 1.325%
- Break-even
- 8.0 days
Slippage from KuCoin: live order book, 9 min ago; Binance: live order book, 14 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, 9 min ago | 5.65 bp | 53.0 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.13 bp | 16.2 bp −$16 | 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 | 1.1302 | +0.024% | — | $5.9M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1284 | −0.130% | $10.8M | $22.9M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.1287 | −0.110% | $7.5M | $8.0M | 20x | as long as short |
| KuCoin BRUSDTMlong | +0.0100% | 4h | 1.1299 | long leg | $4.9M | $5.0M | 30x | |
| Bitget BRUSDT | +0.0100% | 4h | 1.1308 | +0.082% | $8.3M | $10.8M | 10x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1310 | +0.095% | $265K | $247K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1272 | −0.238% | — | $709K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1333 | +0.297% | $87K | $250K | 20x | as long as short |
| Aster BRUSDT | +0.0401% | 4h | 1.1278 | −0.184% | $663K | $2.4M | 5x | as long as short |
| MEXC BR_USDT | +0.0676% | 4h | 1.1311 | +0.104% | $15.4M | $6.5M | 100x | as long as short |
BingX BR-USDT
Bybit BRUSDT
Gate BR_USDT
Bitget BRUSDT
Variational Omni BR
SunX BR-USDT
HTX 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 BRUSDTshort | +0.0677% | 4h | 1.1306 | +0.058% | $54.0M | $139.9M | 25x |