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+0.184%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$878as in the Funding arb table
Net, price: spread back to 7d avg − costs−$837as in the Price arb table
costs, in and out, $10k−$8528.523% of the position
Funding, last 7 days−0.262%−$26 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.184%, 7d avg +0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.152% dearer against Binance than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance C98USDT | 0.01630 | 0.0100 | pay 0.0100% / 8h | 3h 30m | $1.4M | $2.0M | 50x |
| Short | KuCoin C98USDTM | 0.01633 | 0.0100 | get 0.0100% / 8h | 3h 30m | $199K | $39K | 20x |
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: +0.184% → +0.032%
- $15.19
- Slippage, 4 orders
- −$830.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$837.06
- Costs to cover
- 8.523%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 40 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, 3 min ago | 3.07 bp | 39.4 bp −$39 | 282.8 bp −$2,828 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 40 min ago | 27.28 bp | 410.6 bp −$411 | doesn't fit | doesn't fit | doesn't fit |
C98 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_C98USD | −0.0263% | 1h | 0.01628 | −0.128% | $17K | $2K | 10x | as long as short |
| BloFin C98-USDT | +0.0079% | 8h | 0.01629 | −0.061% | $130K | $18K | 50x | as long as short |
| Binance C98USDTlong | +0.0100% | 8h | 0.01630 | long leg | $1.4M | $2.0M | 50x | |
| Bybit C98USDT | +0.0100% | 8h | 0.01631 | +0.031% | $867K | $332K | 25x | as long as short |
| Gate C98_USDT | +0.0100% | 8h | 0.01631 | +0.061% | $103K | $47K | 25x | as long as short |
| MEXC C98_USDT | +0.0100% | 8h | 0.01630 | 0.000% | $282K | $107K | 100x | as long as short |
| KuCoin C98USDTMshort | +0.0100% | 8h | 0.01633 | +0.184% | $199K | $39K | 20x | |
| Bitget C98USDT | +0.0100% | 8h | 0.01629 | −0.061% | $191K | $353K | 50x | as long as short |
| Variational Omni C98 | +0.0100% | 8h | 0.01631 | +0.044% | $8K | $202 | — | as long as short |
Binance C98USDT
KuCoin C98USDTM
Kraken Futures PF_C98USD
BloFin C98-USDT
Bybit C98USDT
Gate C98_USDT
MEXC C98_USDT
Bitget C98USDT
Variational Omni C98