Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against Binance+0.380%7-day average −0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,361as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,326as in the Price arb table
costs, in and out, $10k−$1,37213.721% of the position
Funding, last 7 days+0.109%+$11 on $10k
+Price spread, last 4 days (all we have)−0.440%−$44 · spread now +0.380%, 7d avg −0.082%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.462% dearer against Binance than usual: you sell high and buy low, +$46 on $10k if it goes back to its 7-day average of −0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000CHEEMSUSDT | 0.0000005606 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $1.5M | $918K | 25x |
| Short | KuCoin 1000CHEEMSUSDTM | 0.0000005627 | 0.0100 | get 0.0050% / 4h | 1h 36m | $64K | $177K | 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: +0.380% → −0.082%
- $46.19
- Slippage, 4 orders
- −$1,350.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,325.94
- Costs to cover
- 13.721%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 28 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, 12 min ago | 8.01 bp | 43.7 bp −$44 | 574.8 bp −$5,748 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 28 min ago | 384.04 bp | 616.0 bp −$616 | doesn't fit | doesn't fit | doesn't fit |
CHEEMS on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster 1000CHEEMSUSDT | +0.0100% | 4h | 0.0000005626 | +0.353% | $255K | $11K | 5x | as long as short |
| Binance 1000CHEEMSUSDTlong | +0.0100% | 4h | 0.0000005606 | long leg | $1.5M | $918K | 25x | |
| Gate CHEEMS_USDT | +0.0100% | 4h | 0.0000005618 | +0.219% | $104K | $42K | 20x | as long as short |
| MEXC CHEEMS_USDT | +0.0100% | 4h | 0.0000005619 | +0.237% | $69K | $77K | 50x | as long as short |
| KuCoin 1000CHEEMSUSDTMshort | +0.0100% | 4h | 0.0000005627 | +0.380% | $64K | $177K | 20x | |
| Bitget 1MCHEEMSUSDT | +0.0100% | 4h | 0.0000005617 | +0.202% | $73K | $99K | 25x | as long as short |
| BingX 1000CHEEMS-USDT | +0.0100% | 4h | 0.0000005617 | +0.202% | — | $1.3M | — | as long as short |
Binance 1000CHEEMSUSDT
KuCoin 1000CHEEMSUSDTM
Aster 1000CHEEMSUSDT
Gate CHEEMS_USDT
MEXC CHEEMS_USDT
Bitget 1MCHEEMSUSDT
BingX 1000CHEEMS-USDT