Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.026%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$496as in the Funding arb table
Net, price: spread back to 7d avg − costs−$489as in the Price arb table
costs, in and out, $10k−$4964.960% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.121%−$12 · spread now −0.026%, 7d avg −0.097%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.072% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.097%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COWUSDTM | 0.1619 | 0.0100 | pay 0.0050% / 4h | 22m 52s | $222K | $43K | 20x |
| Short | Binance COWUSDT | 0.1619 | 0.0100 | get 0.0050% / 4h | 22m 52s | $2.2M | $3.1M | 50x |
KuCoin COWUSDTM
Binance COWUSDTFunding 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: −0.026% → −0.097%
- $7.16
- Slippage, 4 orders
- −$473.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$488.81
- Costs to cover
- 4.960%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 9 min ago; Binance: live order book, 13 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, 9 min ago | 18.52 bp | 290.9 bp −$291 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 3.09 bp | 23.6 bp −$24 | 91.8 bp −$918 | doesn't fit | doesn't fit |
COW 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COWUSDT | +0.0100% | 4h | 0.1618 | −0.040% | $30K | $12K | 5x | as long as short |
| Binance COWUSDTshort | +0.0100% | 4h | 0.1619 | −0.026% | $2.2M | $3.1M | 50x | |
| Bybit COWUSDT | +0.0100% | 4h | 0.1620 | +0.031% | $960K | $493K | 25x | as long as short |
| Gate COW_USDT | +0.0100% | 4h | 0.1618 | −0.062% | $130K | $73K | 50x | as long as short |
| MEXC COW_USDT | +0.0100% | 4h | 0.1619 | 0.000% | $590K | $198K | 20x | as long as short |
| KuCoin COWUSDTMlong | +0.0100% | 4h | 0.1619 | long leg | $222K | $43K | 20x | |
| Bitget COWUSDT | +0.0100% | 4h | 0.1619 | 0.000% | $394K | $202K | 50x | as long as short |
| BingX COW-USDT | +0.0100% | 4h | 0.1619 | 0.000% | — | $6.6M | — | as long as short |
| Variational Omni COW | +0.0100% | 4h | 0.1614 | −0.296% | $6K | $592 | — | as long as short |
| BloFin COW-USDT | +0.0131% | 4h | 0.1616 | −0.185% | $139K | $32K | 75x | as long as short |
Aster COWUSDT
Bybit COWUSDT
Gate COW_USDT
MEXC COW_USDT
Bitget COWUSDT
BingX COW-USDT
Variational Omni COW
BloFin COW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_COWUSD | +0.0686% | 1h | 0.1617 | −0.100% | $5K | $212 | 10x | as long as short |
Kraken Futures PF_COWUSD