Funding you earn now, next payment 08:00 UTC−0.0177%/8h= −19.3% APRnext payment −$1.77 per $10,000 · paid last 24h −0.120%
Price spread now: Binance against KuCoin−0.111%7-day average −0.280% · you buy dearer than you sell
Net, funding: paid 7d − costs−$316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2412.410% of the position
Funding, last 7 days−0.750%−$75 on $10k
+Price spread, last 7 days−0.347%−$35 · spread now −0.111%, 7d avg −0.280%
=The price spread pays, funding is against you. Binance is 0.169% dearer against KuCoin than usual: you sell high and buy low (spread −0.111% now, against its 7-day average of −0.280%): +$17 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.2 days. At the pace of the last 7 days (−0.750% in total) that is about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CELRUSDTM | 0.003227 | −0.5001 | get 0.5001% / 8h | 5h 14m | $428K | $4.3M | 25x |
| Short | Binance CELRUSDT | 0.003223 | −0.5178 | pay 0.5178% / 8h | 5h 14m | $3.7M | $50.0M | 25x |
KuCoin CELRUSDTM
Binance CELRUSDTFunding 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
- −$37.09
- Price spread: −0.111% → −0.280%
- $16.94
- Slippage, 4 orders
- −$218.95
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$261.1
- Costs to cover
- 2.410%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 12 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, 3 min ago | 7.76 bp | 84.5 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.57 bp | 22.7 bp −$23 | 118.5 bp −$1,185 | 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 | −0.8282% | 1h | 0.003223 | −0.138% | $35K | $57K | 10x | as long as short |
| BloFin CELR-USDT | −0.5197% | 8h | 0.003224 | −0.093% | $350K | $415K | 25x | as long as short |
| MEXC CELR_USDT | −0.5180% | 8h | 0.003225 | −0.062% | $524K | $1.6M | 50x | as long as short |
| Binance CELRUSDTshort | −0.5178% | 8h | 0.003223 | −0.111% | $3.7M | $50.0M | 25x | |
| KuCoin CELRUSDTMlong | −0.5001% | 8h | 0.003227 | long leg | $428K | $4.3M | 25x | |
| Bitget CELRUSDT | −0.4685% | 8h | 0.003229 | +0.062% | $599K | $4.9M | 25x | as long as short |
| Gate CELR_USDT | −0.4559% | 8h | 0.003231 | +0.124% | $220K | $1.3M | 25x | as long as short |
| BingX CELR-USDT | −0.3284% | 8h | 0.003229 | +0.062% | — | $2.7M | — | as long as short |
Kraken Futures PF_CELRUSD
BloFin CELR-USDT
MEXC CELR_USDT
Bitget CELRUSDT
Gate CELR_USDT
BingX CELR-USDT