Funding you earn now, next payment 04:00 UTC−0.0055%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h +0.010%
Price spread now: KuCoin against Binance−0.044%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs−$245as in the Price arb table
costs, in and out, $10k−$2412.415% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now −0.044%, 7d avg −0.011%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.033% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CYSUSDT | 0.1590 | 0.0155 | pay 0.0078% / 4h | 25m 47s | $4.3M | $4.5M | 20x |
| Short | KuCoin CYSUSDTM | 0.1589 | 0.0100 | get 0.0050% / 4h | 25m 47s | $1.3M | $119K | 20x |
Binance CYSUSDT
KuCoin CYSUSDTMFunding 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
- −$11.63
- Price spread: −0.044% → −0.011%
- −$3.3
- Slippage, 4 orders
- −$219.48
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$256.41
- Costs to cover
- 2.415%
- Break-even
- never at this rate
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 | 3.16 bp | 30.2 bp −$30 | 173.8 bp −$1,738 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 12.62 bp | 106.3 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
CYS on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CYSUSDTMshort | +0.0100% | 4h | 0.1589 | −0.044% | $1.3M | $119K | 20x | |
| Bitget CYSUSDT | +0.0100% | 4h | 0.1589 | −0.032% | $1.7M | $664K | 25x | as long as short |
| MEXC CYS_USDT | +0.0154% | 4h | 0.1589 | −0.044% | $1.4M | $235K | 50x | as long as short |
| Binance CYSUSDTlong | +0.0155% | 4h | 0.1590 | long leg | $4.3M | $4.5M | 20x | |
| edgeX CYSUSDC | +0.0184% | 4h | 0.1588 | −0.079% | $7K | $110K | 10x | as long as short |
| Aster CYSUSDT | +0.0203% | 4h | 0.1587 | −0.143% | $254K | $85K | 10x | as long as short |
| Variational Omni CYS | +0.0283% | 4h | 0.1589 | −0.031% | $34K | $13K | — | as long as short |
| BingX CYS-USDT | +0.0436% | 4h | 0.1588 | −0.107% | — | $1.3M | — | as long as short |
| Bybit CYSUSDT | +0.0457% | 4h | 0.1591 | +0.081% | $1.5M | $1.0M | 13x | as long as short |
| Gate CYS_USDT | +0.0780% | 4h | 0.1591 | +0.081% | $616K | $104K | 20x | as long as short |
Bitget CYSUSDT
MEXC CYS_USDT
edgeX CYSUSDC
Aster CYSUSDT
Variational Omni CYS
BingX CYS-USDT
Bybit CYSUSDT
Gate CYS_USDT