Funding you earn now, next payment 08:00 UTC+0.0853%/8h= +93.4% APRnext payment +$4.26 per $10,000 · paid last 24h +0.233%
Price spread now: Binance against KuCoin+0.020%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$455as in the Funding arb table
Net, price: spread back to 7d avg − costs−$530as in the Price arb table
costs, in and out, $10k−$5175.169% of the position
Funding, last 7 days+0.615%+$62 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now +0.020%, 7d avg +0.149%
=Funding pays, the price is against you. Binance is 0.129% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.149%). If the spread goes back, that is −$13 on $10k: about 12 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.615% in total) that is about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BTRUSDTM | 0.05032 | 0.0100 | pay 0.0050% / 4h | 3h 08m | $1.4M | $185K | 10x |
| Short | Binance BTRUSDT | 0.05033 | 0.0953 | get 0.0476% / 4h | 3h 08m | $5.3M | $3.8M | 10x |
KuCoin BTRUSDTM
Binance BTRUSDTFunding 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
- $179.07
- Price spread: +0.020% → +0.149%
- −$12.93
- Slippage, 4 orders
- −$494.87
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$350.72
- Costs to cover
- 5.169%
- Break-even
- 20.7 days
Slippage from KuCoin: live order book, 2 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, 2 min ago | 18.90 bp | 332.7 bp −$333 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.99 bp | 22.2 bp −$22 | 139.7 bp −$1,397 | doesn't fit | doesn't fit |
BTR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTRUSDT | +0.0100% | 4h | 0.05029 | −0.060% | $3.2M | $1.1M | 25x | as long as short |
| KuCoin BTRUSDTMlong | +0.0100% | 4h | 0.05032 | long leg | $1.4M | $185K | 10x | |
| HTX BTR-USDT | +0.0100% | 4h | 0.05050 | +0.358% | $11K | $314K | 10x | as long as short |
| Gate BTR_USDT | +0.0380% | 8h | 0.05035 | +0.060% | $731K | $280K | 20x | as long as short |
| Aster BTRUSDT | +0.0770% | 4h | 0.05034 | +0.041% | $89K | $12K | 5x | as long as short |
| BingX BTR-USDT | +0.0880% | 4h | 0.05030 | −0.040% | — | $6.5M | — | as long as short |
| MEXC BTR_USDT | +0.0952% | 4h | 0.05034 | +0.040% | $1.5M | $150K | 20x | as long as short |
| Binance BTRUSDTshort | +0.0953% | 4h | 0.05033 | +0.020% | $5.3M | $3.8M | 10x |
Bybit BTRUSDT
HTX BTR-USDT
Gate BTR_USDT
Aster BTRUSDT
BingX BTR-USDT
MEXC BTR_USDT