Funding you earn now, next payment 00:00 UTC+0.0522%/8h= +57.2% APRnext payment +$5.22 per $10,000 · paid last 24h +0.076%
Price spread now: KuCoin against Binance+0.061%7-day average +0.213% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1771.770% of the position
Funding, last 7 days+0.750%+$75 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.061%, 7d avg +0.213%
=Funding pays, the price is against you. KuCoin is 0.152% cheaper against Binance than usual: you would sell low and buy high (spread +0.061% now, against its 7-day average of +0.213%). If the spread goes back, that is −$15 on $10k: about 23 hours of funding at the current rate (+$16 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CELRUSDT | 0.003304 | −0.8649 | get 0.8649% / 8h | 1h 09m | $3.7M | $56.2M | 25x |
| Short | KuCoin CELRUSDTM | 0.003306 | −0.8127 | pay 0.8127% / 8h | 1h 09m | $383K | $4.4M | 25x |
Binance CELRUSDT
KuCoin CELRUSDTMFunding 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
- $109.61
- Price spread: +0.061% → +0.213%
- −$15.22
- Slippage, 4 orders
- −$154.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$82.59
- Costs to cover
- 1.770%
- Break-even
- 12.3 days
Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 3 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 | 3.03 bp | 16.8 bp −$17 | 90.3 bp −$903 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 4.55 bp | 67.6 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
CELR 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CELRUSD | −0.9366% | 1h | 0.003297 | −0.222% | $37K | $65K | 10x | as long as short |
| MEXC CELR_USDT | −0.8681% | 8h | 0.003304 | 0.000% | $542K | $1.8M | 50x | as long as short |
| BloFin CELR-USDT | −0.8658% | 8h | 0.003301 | −0.091% | $348K | $508K | 25x | as long as short |
| Binance CELRUSDTlong | −0.8649% | 8h | 0.003304 | long leg | $3.7M | $56.2M | 25x | |
| KuCoin CELRUSDTMshort | −0.8127% | 8h | 0.003306 | +0.061% | $383K | $4.4M | 25x | |
| Gate CELR_USDT | −0.7747% | 8h | 0.003307 | +0.091% | $226K | $1.4M | 25x | as long as short |
| Bitget CELRUSDT | −0.7742% | 8h | 0.003305 | +0.030% | $600K | $6.0M | 25x | as long as short |
| BingX CELR-USDT | −0.5480% | 8h | 0.003307 | +0.091% | — | $2.7M | — | as long as short |
Kraken Futures PF_CELRUSD
MEXC CELR_USDT
BloFin CELR-USDT
Gate CELR_USDT
Bitget CELRUSDT
BingX CELR-USDT