Funding you earn now, next payment 04:00 UTC−0.0461%/8h= −50.5% APRnext payment −$2.31 per $10,000 · paid last 24h −0.060%
Price spread now: KuCoin against Binance−0.227%7-day average −0.158% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,527as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,523as in the Price arb table
costs, in and out, $10k−$1,51615.159% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.227%, 7d avg −0.158%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and KuCoin is 0.070% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.158%). 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 −$2.31 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CLANKERUSDT | 13.551 | 0.0561 | pay 0.0281% / 4h | 3h 38m | $1.8M | $6.3M | 25x |
| Short | KuCoin CLANKERUSDTM | 13.520 | 0.0100 | get 0.0050% / 4h | 3h 38m | $371K | $160K | 25x |
Binance CLANKERUSDT
KuCoin CLANKERUSDTMFunding 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
- −$96.89
- Price spread: −0.227% → −0.158%
- −$7
- Slippage, 4 orders
- −$1,493.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,619.81
- Costs to cover
- 15.159%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; KuCoin: 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 Binance live order book, 15 min ago | 7.36 bp | 34.4 bp −$34 | 426.4 bp −$4,264 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 13 min ago | 48.13 bp | 489.9 bp −$490 | doesn't fit | doesn't fit | doesn't fit |
CLANKER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CLANKER-USDT | +0.0070% | 4h | 13.540 | −0.080% | — | $6.7M | — | as long as short |
| Gate CLANKER_USDT | +0.0100% | 4h | 13.520 | −0.227% | $118K | $183K | 25x | as long as short |
| KuCoin CLANKERUSDTMshort | +0.0100% | 4h | 13.520 | −0.227% | $371K | $160K | 25x | |
| Bitget CLANKERUSDT | +0.0100% | 4h | 13.540 | −0.080% | $622K | $579K | 20x | as long as short |
| Bybit CLANKERUSDT | +0.0308% | 4h | 13.550 | −0.006% | $627K | $1.2M | 20x | as long as short |
| Variational Omni CLANKER | +0.0357% | 4h | 13.548 | −0.022% | $27K | $35K | — | as long as short |
| Binance CLANKERUSDTlong | +0.0561% | 4h | 13.551 | long leg | $1.8M | $6.3M | 25x | |
| MEXC CLANKER_USDT | +0.0570% | 4h | 13.550 | −0.006% | $398K | $313K | 50x | as long as short |
| BloFin CLANKER-USDT | +0.0585% | 4h | 13.550 | −0.006% | $119K | $25K | 25x | as long as short |
| Aster CLANKERUSDT | +0.1107% | 4h | 13.534 | −0.126% | $15K | $44K | 5x | as long as short |
BingX CLANKER-USDT
Gate CLANKER_USDT
Bitget CLANKERUSDT
Bybit CLANKERUSDT
Variational Omni CLANKER
MEXC CLANKER_USDT
BloFin CLANKER-USDT
Aster CLANKERUSDT