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: Binance against KuCoin−0.056%7-day average +0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$846as in the Funding arb table
Net, price: spread back to 7d avg − costs−$898as in the Price arb table
costs, in and out, $10k−$8838.833% of the position
Funding, last 7 days+0.378%+$38 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.056%, 7d avg +0.094%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.150% cheaper against KuCoin than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COOKIEUSDTM | 0.01270 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $226K | $151K | 20x |
| Short | Binance COOKIEUSDT | 0.01269 | 0.0100 | get 0.0050% / 4h | 3h 12m | $2.1M | $9.2M | 20x |
KuCoin COOKIEUSDTM
Binance COOKIEUSDTFunding 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
- $0
- Price spread: −0.056% → +0.094%
- −$14.98
- Slippage, 4 orders
- −$861.29
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$898.26
- Costs to cover
- 8.833%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 58 min ago; Binance: live order book, 12 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, 58 min ago | 19.69 bp | 375.6 bp −$376 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 4.66 bp | 50.0 bp −$50 | 309.2 bp −$3,092 | 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 COOKIEUSDTshort | +0.0100% | 4h | 0.01269 | −0.056% | $2.1M | $9.2M | 20x | |
| Bybit COOKIEUSDT | +0.0100% | 4h | 0.01270 | +0.008% | $872K | $1.4M | 25x | as long as short |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01271 | +0.079% | $130K | $224K | 25x | as long as short |
| MEXC COOKIE_USDT | +0.0100% | 4h | 0.01270 | 0.000% | $636K | $360K | 100x | as long as short |
| KuCoin COOKIEUSDTMlong | +0.0100% | 4h | 0.01270 | long leg | $226K | $151K | 20x | |
| Bitget COOKIEUSDT | +0.0100% | 4h | 0.01271 | +0.079% | $369K | $302K | 5x | as long as short |
| BingX COOKIE-USDT | +0.0100% | 4h | 0.01270 | +0.024% | — | $6.5M | — | as long as short |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01295 | +2.006% | $12K | $20K | — | as long as short |
| Kraken Futures PF_COOKIEUSD | +0.0685% | 1h | 0.01296 | +2.031% | $13K | $40K | 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