Funding you earn now, next payment 00:00 UTC+0.0198%/8h= +21.7% APRnext payment +$0.99 per $10,000 · paid last 24h +0.228%
Price spread now: Binance against KuCoin−0.079%7-day average +0.066% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.576%+$58 on $10k
+Price spread, last 7 days+0.095%+$10 · spread now −0.079%, 7d avg +0.066%
=Funding pays, the price is against you. Binance is 0.145% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.066%). If the spread goes back, that is −$14 on $10k: about 2.4 days of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BTWUSDTM | 0.8200 | 0.1382 | pay 0.0691% / 4h | 1h 10m | $7.6M | $4.7M | 10x |
| Short | Binance BTWUSDT | 0.8193 | 0.1580 | get 0.0790% / 4h | 1h 10m | $114.1M | $166.0M | 10x |
KuCoin BTWUSDTM
Binance BTWUSDTFunding 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
- $41.61
- Price spread: −0.079% → +0.066%
- −$14.47
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $5.14
- Costs to cover
- 0.220%
- Break-even
- 6.1 days
Slippage unknown: KuCoin: live order book, 3 min ago; Binance: live order book, 3 min ago. Net counts fees only.
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, 3 min ago | 12.10 bp | 65.9 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.79 bp | 21.7 bp −$22 | 179.5 bp −$1,795 | doesn't fit | doesn't fit |
BTW 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.8270 | +0.859% | $204K | $761K | 10x | as long as short |
| Gate BTW_USDT | +0.0694% | 4h | 0.8227 | +0.329% | $3.6M | $15.9M | 10x | as long as short |
| Aster BTWUSDT | +0.1343% | 4h | 0.8210 | +0.124% | $2.3M | $2.8M | 5x | as long as short |
| KuCoin BTWUSDTMlong | +0.1382% | 4h | 0.8200 | long leg | $7.6M | $4.7M | 10x | |
| Bitget BTWUSDT | +0.1474% | 4h | 0.8200 | +0.006% | $26.0M | $13.3M | 5x | as long as short |
| Binance BTWUSDTshort | +0.1580% | 4h | 0.8193 | −0.079% | $114.1M | $166.0M | 10x | |
| Extended BTW-USD | +0.1584% | 1h | 0.8238 | +0.475% | $39K | $11K | 5x | as long as short |
| MEXC BTW_USDT | +0.1606% | 4h | 0.8201 | +0.018% | $10.0M | $6.1M | 20x | as long as short |
| edgeX BTWUSDC | +0.1634% | 4h | 0.8357 | +1.919% | $344K | $497K | 10x | as long as short |
| Bybit BTWUSDT | +0.2214% | 4h | 0.8185 | −0.181% | $15.8M | $38.0M | 10x | as long as short |
HTX BTW-USDT
Gate BTW_USDT
Aster BTWUSDT
Bitget BTWUSDT
Extended BTW-USD
MEXC BTW_USDT
edgeX BTWUSDC
Bybit BTWUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTW-USDT | +0.2222% | 4h | 0.8191 | −0.104% | — | $4.4M | — | as long as short |
BingX BTW-USDT