Settings8H · net · $10k
Funding arb · Price arb /

CROSS

all CROSS markets
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Alert: funding
Alert: spread
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+0.105%7-day average +0.153% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,690as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,692as in the Price arb table
costs, in and out, $10k−$1,68716.873% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.105%, 7d avg +0.153%
Together, before fees−0.125%−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.048% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.153%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CROSSUSDTM0.15270.0100pay 0.0050% / 4h2h 21m$276K$30K20x
ShortBinance CROSSUSDT0.15280.0100get 0.0050% / 4h2h 21m$1.6M$2.6M40x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.105% → +0.153%
−$4.79
Slippage, 4 orders
−$1,665.27
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$1,692.05
Costs to cover
16.873%
Break-even
never at this rate
Slippage from KuCoin: live order book, 36 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 36 min ago36.10 bp816.1 bp −$816doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 14 min ago5.86 bp46.0 bp −$46185.8 bp −$1,858doesn't fitdoesn't fit

CROSS on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CROSSUSDTshort+0.0100%4h0.1528+0.105%$1.6M$2.6M40x
Bybit CROSSUSDT+0.0100%4h0.1529+0.131%$693K$510K20xas long as short
Gate CROSS_USDT+0.0100%4h0.15270.000%$188K$37K20xas long as short
MEXC CROSS_USDT+0.0100%4h0.1528+0.085%$318K$143K100xas long as short
KuCoin CROSSUSDTMlong+0.0100%4h0.1527long leg$276K$30K20x
Bitget CROSSUSDT+0.0100%4h0.1525−0.066%$1.3M$154K20xas long as short
BingX CROSS-USDT+0.0100%4h0.1527+0.026%$1.3Mas long as short
Variational Omni CROSS+0.0100%4h0.1521−0.331%$699$1Kas long as short