Funding you earn now, next payment 08:00 UTC+0.0153%/8h= +16.7% APRnext payment +$0.76 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against KuCoin+0.030%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,322as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,333as in the Price arb table
costs, in and out, $10k−$1,32413.237% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.030%, 7d avg +0.126%
=Funding pays, the price is against you. Binance is 0.096% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.030% now, against its 7-day average of +0.126%). If the spread goes back, that is −$10 on $10k: about 2.1 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.021% in total) that is about 33 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CLOUSDTM | 0.06743 | 0.0008 | pay 0.0004% / 4h | 1h 06m | $1.1M | $11.8M | 10x |
| Short | Binance CLOUSDT | 0.06745 | 0.0161 | get 0.0080% / 4h | 1h 06m | $4.3M | $5.1M | 10x |
KuCoin CLOUSDTM
Binance CLOUSDTFunding 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
- $32.08
- Price spread: +0.030% → +0.126%
- −$9.64
- Slippage, 4 orders
- −$1,301.73
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,301.3
- Costs to cover
- 13.237%
- Break-even
- 291.0 days
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 30 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, 2 min ago | 7.42 bp | 783.5 bp −$784 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 30 min ago | 0.78 bp | 30.9 bp −$31 | 241.1 bp −$2,411 | doesn't fit | doesn't fit |
CLO on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CLOUSDTMlong | +0.0008% | 4h | 0.06743 | long leg | $1.1M | $11.8M | 10x | |
| Bybit CLOUSDT | +0.0100% | 4h | 0.06750 | +0.104% | $769K | $849K | 20x | as long as short |
| SunX CLO-USDT | +0.0100% | 4h | 0.06756 | +0.193% | $1K | $1.8M | 20x | as long as short |
| BloFin CLO-USDT | +0.0139% | 4h | 0.06747 | +0.059% | $255K | $83K | 10x | as long as short |
| BingX CLO-USDT | +0.0158% | 4h | 0.06746 | +0.044% | — | $1.4M | — | as long as short |
| MEXC CLO_USDT | +0.0160% | 4h | 0.06750 | +0.104% | $572K | $139K | 50x | as long as short |
| Binance CLOUSDTshort | +0.0161% | 4h | 0.06745 | +0.030% | $4.3M | $5.1M | 10x | |
| Gate CLO_USDT | +0.0460% | 8h | 0.06762 | +0.282% | $466K | $782K | 20x | as long as short |
| Aster CLOUSDT | +0.0882% | 4h | 0.06750 | +0.099% | $32K | $84K | 5x | as long as short |
Bybit CLOUSDT
SunX CLO-USDT
BloFin CLO-USDT
BingX CLO-USDT
MEXC CLO_USDT
Gate CLO_USDT
Aster CLOUSDT