Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.067%
Price spread now: KuCoin against Binance−0.182%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$852as in the Funding arb table
Net, price: spread back to 7d avg − costs−$823as in the Price arb table
costs, in and out, $10k−$8148.144% of the position
Funding, last 7 days−0.378%−$38 on $10k
+Price spread, last 4 days (all we have)+0.202%+$20 · spread now −0.182%, 7d avg −0.093%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.089% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.093%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COOKIEUSDT | 0.01307 | 0.0100 | pay 0.0050% / 4h | 46m 52s | $2.4M | $14.1M | 20x |
| Short | KuCoin COOKIEUSDTM | 0.01305 | 0.0100 | get 0.0050% / 4h | 46m 52s | $229K | $205K | 20x |
Binance COOKIEUSDT
KuCoin COOKIEUSDTMFunding 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
- $0
- Price spread: −0.182% → −0.093%
- −$8.92
- Slippage, 4 orders
- −$792.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$823.32
- Costs to cover
- 8.144%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 55 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, 8 min ago | 2.65 bp | 32.9 bp −$33 | 186.2 bp −$1,862 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 55 min ago | 23.42 bp | 394.9 bp −$395 | doesn't fit | doesn't fit | doesn't fit |
COOKIE 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COOKIEUSDTlong | +0.0100% | 4h | 0.01307 | long leg | $2.4M | $14.1M | 20x | |
| Bybit COOKIEUSDT | +0.0100% | 4h | 0.01308 | +0.032% | $1.1M | $2.4M | 25x | as long as short |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01304 | −0.258% | $146K | $324K | 25x | as long as short |
| MEXC COOKIE_USDT | +0.0100% | 4h | 0.01309 | +0.124% | $672K | $454K | 100x | as long as short |
| KuCoin COOKIEUSDTMshort | +0.0100% | 4h | 0.01305 | −0.182% | $229K | $205K | 20x | |
| Bitget COOKIEUSDT | +0.0100% | 4h | 0.01308 | +0.048% | $397K | $410K | 5x | as long as short |
| BingX COOKIE-USDT | +0.0100% | 4h | 0.01306 | −0.090% | — | $6.6M | — | as long as short |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01296 | −0.886% | $13K | $20K | — | as long as short |
| Kraken Futures PF_COOKIEUSD | +0.0971% | 1h | 0.01304 | −0.270% | $14K | $49K | 10x | as long as short |
Bybit COOKIEUSDT
Gate COOKIE_USDT
MEXC COOKIE_USDT
Bitget COOKIEUSDT
BingX COOKIE-USDT
Variational Omni COOKIE
Kraken Futures PF_COOKIEUSD