Funding you earn now, next payment 08:00 UTC+0.0284%/8h= +31.1% APRnext payment +$1.42 per $10,000 · paid last 24h +0.046%
Price spread now: KuCoin against Binance+0.111%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1391.395% of the position
Funding, last 7 days+1.066%+$107 on $10k
+Price spread, last 7 days−0.193%−$19 · spread now +0.111%, 7d avg +0.077%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and KuCoin is 0.034% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CVCUSDT | 0.02708 | 0.0100 | pay 0.0050% / 4h | 2h 56m | $2.8M | $5.6M | 50x |
| Short | KuCoin CVCUSDTM | 0.02711 | 0.0384 | get 0.0192% / 4h | 2h 56m | $1.3M | $412K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $59.64
- Price spread: +0.111% → +0.077%
- $3.38
- Slippage, 4 orders
- −$117.49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$76.47
- Costs to cover
- 1.395%
- Break-even
- 16.0 days
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 4 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 Binance live order book, 11 min ago | 1.84 bp | 17.1 bp −$17 | 86.4 bp −$864 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 5.52 bp | 58.6 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDT | −0.0168% | 4h | 0.02703 | −0.185% | $215K | $307K | 25x | as long as short |
| Binance CVCUSDTlong | +0.0100% | 4h | 0.02708 | long leg | $2.8M | $5.6M | 50x | |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02709 | +0.037% | $651K | $132K | 20x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02713 | +0.185% | $439K | $504K | 50x | as long as short |
| BingX CVC-USDT | +0.0100% | 4h | 0.02706 | −0.074% | — | $2.4M | — | as long as short |
| Variational Omni CVC | +0.0100% | 1h | 0.02705 | −0.128% | $1K | $370 | — | as long as short |
| KuCoin CVCUSDTMshort | +0.0384% | 4h | 0.02711 | +0.111% | $1.3M | $412K | 30x | |
| Bybit CVCUSDT | +1.4183% | 1h | 0.02699 | −0.332% | $1.7M | $1.6M | 25x | as long as short |
Binance CVCUSDT
KuCoin CVCUSDTM
Gate CVC_USDT
MEXC CVC_USDT
Bitget CVCUSDT
BingX CVC-USDT
Variational Omni CVC
Bybit CVCUSDT