Funding you earn now, next payment 16:00 UTC−0.1125%/8h= −123.2% APRnext payment −$11.25 per $10,000 · paid last 24h −0.081%
Price spread now: Binance against KuCoin−0.498%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$330as in the Funding arb table
Net, price: spread back to 7d avg − costs−$367as in the Price arb table
costs, in and out, $10k−$3193.190% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 5 days (all we have)+0.767%+$77 · spread now −0.498%, 7d avg −0.019%
=Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and Binance is 0.479% cheaper against KuCoin than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of −0.019%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.112% in total (about -5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$11.25 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CHRUSDTM | 0.02207 | 0.0100 | pay 0.0100% / 8h | 6h 07m | $271K | $734K | 25x |
| Short | Binance CHRUSDT | 0.02196 | −0.1025 | pay 0.1025% / 8h | 6h 07m | $3.3M | $67.1M | 25x |
Funding 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
- −$236.24
- Price spread: −0.498% → −0.019%
- −$47.95
- Slippage, 4 orders
- −$297.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$603.2
- Costs to cover
- 3.190%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 68 min ago; Binance: live order book, 13 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, 68 min ago | 22.68 bp | 120.7 bp −$121 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 4.50 bp | 32.3 bp −$32 | 137.9 bp −$1,379 | doesn't fit | doesn't fit |
CHR on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CHRUSDTshort | −0.1025% | 8h | 0.02196 | −0.498% | $3.3M | $67.1M | 25x | |
| MEXC CHR_USDT | −0.1012% | 8h | 0.02198 | −0.408% | $892K | $5.3M | 100x | as long as short |
| BloFin CHR-USDT | −0.0989% | 8h | 0.02227 | +0.906% | $235K | $202K | 25x | as long as short |
| Gate CHR_USDT | −0.0781% | 8h | 0.02204 | −0.136% | $77K | $818K | 25x | as long as short |
| Bitget CHRUSDT | +0.0073% | 8h | 0.02198 | −0.408% | $493K | $4.7M | 25x | as long as short |
| KuCoin CHRUSDTMlong | +0.0100% | 8h | 0.02207 | long leg | $271K | $734K | 25x | |
| Variational Omni CHR | +0.1510% | 8h | 0.02224 | +0.772% | $11K | $35K | — | as long as short |
| BingX CHR-USDT | +0.2163% | 8h | 0.02200 | −0.317% | — | $2.0M | — | as long as short |
| Bybit CHRUSDT | +0.2263% | 8h | 0.02194 | −0.598% | $1.1M | $9.1M | 25x | as long as short |
KuCoin CHRUSDTM
Binance CHRUSDT
MEXC CHR_USDT
BloFin CHR-USDT
Gate CHR_USDT
Bitget CHRUSDT
Variational Omni CHR
BingX CHR-USDT
Bybit CHRUSDT