Funding you earn now, next payment 00:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.95 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against Binance−0.292%7-day average −0.171% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,574as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,567as in the Price arb table
costs, in and out, $10k−$1,55515.551% of the position
Funding, last 7 days−0.190%−$19 on $10k
+Price spread, last 4 days (all we have)+0.306%+$31 · spread now −0.292%, 7d avg −0.171%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.121% cheaper against Binance than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.171%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COLLECTUSDT | 0.01739 | 0.0290 | pay 0.0145% / 4h | 1h 28m | $5.0M | $1.8M | 20x |
| Short | KuCoin COLLECTUSDTM | 0.01734 | 0.0100 | get 0.0050% / 4h | 1h 28m | $697K | $59K | 20x |
Binance COLLECTUSDT
KuCoin COLLECTUSDTMFunding 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
- −$39.95
- Price spread: −0.292% → −0.171%
- −$12.08
- Slippage, 4 orders
- −$1,533.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,607.12
- Costs to cover
- 15.551%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; KuCoin: live order book, 45 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, 9 min ago | 2.87 bp | 50.2 bp −$50 | 406.9 bp −$4,069 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 45 min ago | 17.21 bp | 640.6 bp −$641 | doesn't fit | doesn't fit | doesn't fit |
COLLECT on 8 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 COLLECTUSDT | +0.0100% | 4h | 0.01736 | −0.186% | $347K | $25K | 5x | as long as short |
| KuCoin COLLECTUSDTMshort | +0.0100% | 4h | 0.01734 | −0.292% | $697K | $59K | 20x | |
| Extended COLLECT-USD | +0.0288% | 1h | 0.01738 | −0.064% | $7K | $191K | 5x | as long as short |
| MEXC COLLECT_USDT | +0.0290% | 4h | 0.01737 | −0.119% | $527K | $121K | 50x | as long as short |
| Binance COLLECTUSDTlong | +0.0290% | 4h | 0.01739 | long leg | $5.0M | $1.8M | 20x | |
| BloFin COLLECT-USDT | +0.0315% | 4h | 0.01735 | −0.234% | $320K | $6K | 20x | as long as short |
| BingX COLLECT-USDT | +0.0318% | 4h | 0.01738 | −0.062% | — | $2.3M | — | as long as short |
| Gate COLLECT_USDT | +0.0956% | 4h | 0.01741 | +0.111% | $252K | $47K | 20x | as long as short |
Aster COLLECTUSDT
Extended COLLECT-USD
MEXC COLLECT_USDT
BloFin COLLECT-USDT
BingX COLLECT-USDT
Gate COLLECT_USDT