Funding arb · Price arb /

CC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Binance+0.186%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$505as in the Funding arb table

Net, price: spread back to 7d avg − costs−$494as in the Price arb table

costs, in and out, $10k−$5085.077% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 4 days (all we have)−0.237%−$24 · spread now +0.186%, 7d avg +0.054%

Together, before fees−0.208%−$21 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.132% dearer against Binance than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CCUSDT	0.1163	0.0100	pay 0.0050% / 4h	2h 34m	$11.0M	$10.9M	75x
Short	KuCoin CCUSDTM	0.1166	0.0100	get 0.0050% / 4h	2h 34m	$492K	$115K	50x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now +0.186%Rate

Funding earned: $0
Price spread: +0.186% → +0.054%: $13.23
Slippage, 4 orders: −$485.67
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$494.44
Costs to cover: 5.077%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 48 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, 6 min ago	1.29 bp	17.8 bp −$18	73.4 bp −$734	doesn't fit	doesn't fit
Sell KuCoin live order book, 48 min ago	12.85 bp	243.2 bp −$243	doesn't fit	doesn't fit	doesn't fit

CC on 19 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
Injective CC/USDC PERP	−0.3670%	1h	0.1153	−0.897%	$6K	$98	5.5x	as long as short
Paradex CC-USD-PERP	+0.0097%	8h	0.1165	+0.139%	$1K	—	5x	as long as short
Aster CCUSDT	+0.0100%	4h	0.1166	+0.193%	$35K	$39K	20x	as long as short
Binance CCUSDTlong	+0.0100%	4h	0.1163	long leg	$11.0M	$10.9M	75x
Bybit CCUSDT	+0.0100%	4h	0.1164	+0.074%	$10.5M	$3.7M	25x	as long as short
OKX CC-USDT-SWAP	+0.0100%	4h	0.1165	+0.143%	$2.5M	$3.4M	20x	as long as short
Gate CC_USDT	+0.0100%	4h	0.1163	−0.020%	$362K	$207K	50x	as long as short
MEXC CC_USDT	+0.0100%	4h	0.1164	+0.048%	$1.7M	$294K	100x	as long as short
KuCoin CCUSDTMshort	+0.0100%	4h	0.1166	+0.186%	$492K	$115K	50x
Bitget CCUSDT	+0.0100%	4h	0.1165	+0.100%	$938K	$791K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX CC-USDT	+0.0100%	4h	0.1164	+0.066%	—	$6.6M	—	as long as short
Backpack CC_USDC_PERP	+0.0100%	1h	0.1164	+0.066%	$17K	$21K	10x	as long as short
Variational Omni CC	+0.0100%	4h	0.1164	+0.058%	$580K	$43K	—	as long as short
GRVT CC_USDT_Perp	+0.0100%	4h	0.1165	+0.133%	$82K	$2.2M	10x	as long as short
Derive CC-PERP	+0.0100%	1h	0.1164	+0.036%	$7K	$35K	6.7x	as long as short
BloFin CC-USDT	+0.0340%	4h	0.1163	−0.063%	$587K	$107K	75x	as long as short
GMX CC/USD [WBTC.b-USDC]	L +0.0442% / S −0.0239%	1h	0.1165	+0.158%	$43K	—	50x	as long as short
Hyperliquid CC	+0.0755%	1h	0.1167	+0.280%	$5.5M	$1.3M	3x	as long as short
Lighter CC	+0.1456%	1h	0.1169	+0.452%	$233K	$160K	5x	as long as short