Funding you earn now, next payment 04:00 UTC−0.0436%/8h= −47.8% APRnext payment −$2.18 per $10,000 · paid last 24h −0.141%
Price spread now: KuCoin against Binance−0.230%7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$870as in the Funding arb table
Net, price: spread back to 7d avg − costs−$881as in the Price arb table
costs, in and out, $10k−$8518.507% of the position
Funding, last 7 days−0.191%−$19 on $10k
+Price spread, last 4 days (all we have)+0.411%+$41 · spread now −0.230%, 7d avg +0.070%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and KuCoin is 0.301% cheaper against Binance than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.070%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.191% in total (about -10.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.18 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 | Binance DOSUSDT | 0.2173 | 0.0536 | pay 0.0268% / 4h | 2h 27m | $2.2M | $2.5M | 20x |
| Short | KuCoin DOSUSDTM | 0.2168 | 0.0100 | get 0.0050% / 4h | 2h 27m | $296K | $873K | 20x |
Binance DOSUSDT
KuCoin DOSUSDTMFunding 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
- −$91.66
- Price spread: −0.230% → +0.070%
- −$30.05
- Slippage, 4 orders
- −$828.69
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$972.4
- Costs to cover
- 8.507%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 22 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, 7 min ago | 2.30 bp | 26.0 bp −$26 | 259.0 bp −$2,590 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 22 min ago | 18.57 bp | 256.0 bp −$256 | doesn't fit | doesn't fit | doesn't fit |
DOS 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DOS_USDT | +0.0100% | 4h | 0.2171 | −0.092% | $177K | $163K | 20x | as long as short |
| KuCoin DOSUSDTMshort | +0.0100% | 4h | 0.2168 | −0.230% | $296K | $873K | 20x | |
| Bitget DOSUSDT | +0.0100% | 4h | 0.2171 | −0.092% | $212K | $300K | 10x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2174 | +0.046% | $15K | $365K | 10x | as long as short |
| OKX DOS-USDT-SWAP | +0.0235% | 4h | 0.2171 | −0.092% | $1.2M | $2.1M | 20x | as long as short |
| BingX DOS-USDT | +0.0522% | 4h | 0.2172 | −0.046% | — | $1.6M | — | as long as short |
| Binance DOSUSDTlong | +0.0536% | 4h | 0.2173 | long leg | $2.2M | $2.5M | 20x | |
| MEXC DOS_USDT | +0.0538% | 4h | 0.2172 | −0.046% | $477K | $162K | 20x | as long as short |
| Bybit DOSUSDT | +0.0584% | 4h | 0.2173 | 0.000% | $847K | $173K | 20x | as long as short |
| Aster DOSUSDT | +0.0752% | 4h | 0.2170 | −0.134% | $6K | $13K | 5x | as long as short |
Gate DOS_USDT
Bitget DOSUSDT
HTX DOS-USDT
OKX DOS-USDT-SWAP
BingX DOS-USDT
MEXC DOS_USDT
Bybit DOSUSDT
Aster DOSUSDT