Funding you earn now, next payment 00:00 UTC−0.0135%/8h= −14.8% APRnext payment −$0.67 per $10,000 · paid last 24h −0.072%
Price spread now: Binance against KuCoin−0.146%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$232as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1161.160% of the position
Funding, last 7 days−1.156%−$116 on $10k
+Price spread, last 7 days−0.075%−$8 · spread now −0.146%, 7d avg −0.079%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.066% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.079%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CVCUSDTM | 0.02746 | 0.0100 | pay 0.0050% / 4h | 1h 09m | $1.4M | $394K | 30x |
| Short | Binance CVCUSDT | 0.02742 | −0.0035 | pay 0.0017% / 4h | 1h 09m | $3.0M | $5.7M | 50x |
KuCoin CVCUSDTM
Binance CVCUSDTFunding 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
- −$28.31
- Price spread: −0.146% → −0.079%
- −$6.63
- Slippage, 4 orders
- −$93.98
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$150.92
- Costs to cover
- 1.160%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 6 min ago | 5.47 bp | 45.8 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.83 bp | 16.9 bp −$17 | 62.1 bp −$621 | 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 | −0.0736% | 4h | 0.02742 | −0.146% | $211K | $312K | 25x | as long as short |
| BingX CVC-USDT | −0.0214% | 4h | 0.02733 | −0.473% | — | $2.4M | — | as long as short |
| Bitget CVCUSDT | −0.0210% | 4h | 0.02741 | −0.182% | $464K | $475K | 50x | as long as short |
| Binance CVCUSDTshort | −0.0035% | 4h | 0.02742 | −0.146% | $3.0M | $5.7M | 50x | |
| MEXC CVC_USDT | −0.0022% | 4h | 0.02741 | −0.182% | $654K | $125K | 20x | as long as short |
| Bybit CVCUSDT | +0.0100% | 1h | 0.02722 | −0.874% | $1.7M | $1.4M | 25x | as long as short |
| KuCoin CVCUSDTMlong | +0.0100% | 4h | 0.02746 | long leg | $1.4M | $394K | 30x | |
| Variational Omni CVC | +0.0100% | 1h | 0.02722 | −0.887% | $1K | $370 | — | as long as short |
Gate CVC_USDT
BingX CVC-USDT
Bitget CVCUSDT
MEXC CVC_USDT
Bybit CVCUSDT
Variational Omni CVC