Funding you earn now, next payment 04:00 UTC+0.0527%/8h= +57.7% APRnext payment +$2.63 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against KuCoin+0.309%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,544as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,510as in the Price arb table
costs, in and out, $10k−$1,53015.298% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 7 days−0.204%−$20 · spread now +0.309%, 7d avg +0.107%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Binance is 0.202% dearer against KuCoin than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.107%. Mind the row above: over the last 7 days funding on this pair cost −0.138%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.138% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.63 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 | KuCoin COAIUSDTM | 0.3242 | 0.0100 | pay 0.0050% / 4h | 3h 36m | $2.4M | $1.8M | 10x |
| Short | Binance COAIUSDT | 0.3252 | 0.0627 | get 0.0313% / 4h | 3h 36m | $3.4M | $1.2M | 10x |
KuCoin COAIUSDTM
Binance COAIUSDTFunding 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
- $110.64
- Price spread: +0.309% → +0.107%
- $20.21
- Slippage, 4 orders
- −$1,507.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,398.9
- Costs to cover
- 15.298%
- Break-even
- 95.5 days
Slippage from KuCoin: live order book, 10 min ago; Binance: live order book, 14 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, 10 min ago | 17.15 bp | 902.6 bp −$903 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.54 bp | 31.1 bp −$31 | 249.9 bp −$2,499 | doesn't fit | doesn't fit |
COAI on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT COAI_USDT_Perp | 0.0000% | 4h | 0.2809 | −13.356% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3245 | +0.099% | $2.8M | $379K | 13x | as long as short |
| OKX COAI-USDT-SWAP | +0.0100% | 4h | 0.3251 | +0.284% | $1.2M | $438K | 10x | as long as short |
| Gate COAI_USDT | +0.0100% | 8h | 0.3241 | −0.025% | $1.4M | $79K | 10x | as long as short |
| KuCoin COAIUSDTMlong | +0.0100% | 4h | 0.3242 | long leg | $2.4M | $1.8M | 10x | |
| SunX COAI-USDT | +0.0100% | 4h | 0.3245 | +0.102% | $2K | $851K | 20x | as long as short |
| Bitget COAIUSDT | +0.0122% | 4h | 0.3249 | +0.222% | $2.2M | $203K | 10x | as long as short |
| Aster COAIUSDT | +0.0321% | 4h | 0.3247 | +0.160% | $35K | $15K | 5x | as long as short |
| BingX COAI-USDT | +0.0596% | 4h | 0.3248 | +0.191% | — | $2.3M | — | as long as short |
| MEXC COAI_USDT | +0.0626% | 4h | 0.3251 | +0.284% | $2.9M | $351K | 50x | as long as short |
GRVT COAI_USDT_Perp
Bybit COAIUSDT
OKX COAI-USDT-SWAP
Gate COAI_USDT
SunX COAI-USDT
Bitget COAIUSDT
Aster COAIUSDT
BingX COAI-USDT
MEXC COAI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COAIUSDTshort | +0.0627% | 4h | 0.3252 | +0.309% | $3.4M | $1.2M | 10x |