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

CTR

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.395%+$40 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CTRUSDTM0.011900.0100pay 0.0050% / 4h1h 56m$277K$336K20x
ShortBinance CTRUSDT0.011920.1041get 0.0521% / 4h1h 56m$2.2M$826K20x

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
$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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 15 min ago4.21 bp908.9 bp −$909doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago2.10 bp33.5 bp −$33344.1 bp −$3,441doesn't fitdoesn't fit

CTR 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
Lighter CTR+0.0096%1h0.011900.000%$10K$3193xas long as short
Bybit CTRUSDT+0.0100%4h0.01192+0.126%$252K$123K20xas long as short
Gate CTR_USDT+0.0100%4h0.01194+0.336%$115K$16K20xas long as short
KuCoin CTRUSDTMlong+0.0100%4h0.01190long leg$277K$336K20x
Aster CTRUSDT+0.0675%4h0.01188−0.169%$9K$6K5xas long as short
Bitget CTRUSDT+0.0832%4h0.011900.000%$544K$55K20xas long as short
Binance CTRUSDTshort+0.1041%4h0.01192+0.161%$2.2M$826K20x
MEXC CTR_USDT+0.1044%4h0.01192+0.160%$617K$134K20xas long as short