Funding you earn now, next payment 00:00 UTC+0.0941%/8h= +103.1% APRnext payment +$4.71 per $10,000 · paid last 24h +0.219%
Price spread now: Binance against KuCoin+0.161%7-day average +0.168% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,705as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,762as in the Price arb table
costs, in and out, $10k−$1,76117.613% of the position
Funding, last 7 days+0.560%+$56 on $10k
+Price spread, last 4 days (all we have)−0.165%−$16 · spread now +0.161%, 7d avg +0.168%
=The price spread sits at its 7-day average of +0.168%, so right now this pair is about funding alone: +$28 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.560% in total (about 29.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CTRUSDTM | 0.01190 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $277K | $336K | 20x |
| Short | Binance CTRUSDT | 0.01192 | 0.1041 | get 0.0521% / 4h | 1h 56m | $2.2M | $826K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $197.67
- Price spread: +0.161% → +0.168%
- −$0.73
- Slippage, 4 orders
- −$1,739.26
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,564.32
- Costs to cover
- 17.613%
- Break-even
- 62.4 days
Slippage from KuCoin: live order book, 15 min ago; Binance: live order book, 8 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, 15 min ago | 4.21 bp | 908.9 bp −$909 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 2.10 bp | 33.5 bp −$33 | 344.1 bp −$3,441 | doesn't fit | doesn't fit |
CTR 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CTR | +0.0096% | 1h | 0.01190 | 0.000% | $10K | $319 | 3x | as long as short |
| Bybit CTRUSDT | +0.0100% | 4h | 0.01192 | +0.126% | $252K | $123K | 20x | as long as short |
| Gate CTR_USDT | +0.0100% | 4h | 0.01194 | +0.336% | $115K | $16K | 20x | as long as short |
| KuCoin CTRUSDTMlong | +0.0100% | 4h | 0.01190 | long leg | $277K | $336K | 20x | |
| Aster CTRUSDT | +0.0675% | 4h | 0.01188 | −0.169% | $9K | $6K | 5x | as long as short |
| Bitget CTRUSDT | +0.0832% | 4h | 0.01190 | 0.000% | $544K | $55K | 20x | as long as short |
| Binance CTRUSDTshort | +0.1041% | 4h | 0.01192 | +0.161% | $2.2M | $826K | 20x | |
| MEXC CTR_USDT | +0.1044% | 4h | 0.01192 | +0.160% | $617K | $134K | 20x | as long as short |
KuCoin CTRUSDTM
Binance CTRUSDT
Lighter CTR
Bybit CTRUSDT
Gate CTR_USDT
Aster CTRUSDT
Bitget CTRUSDT
MEXC CTR_USDT