Funding you earn now, next payment 00:00 UTC+0.0389%/8h= +42.6% APRnext payment +$1.95 per $10,000 · paid last 24h +0.121%
Price spread now: Binance against KuCoin+0.082%7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$809as in the Funding arb table
Net, price: spread back to 7d avg − costs−$810as in the Price arb table
costs, in and out, $10k−$8258.253% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 4 days (all we have)−0.363%−$36 · spread now +0.082%, 7d avg −0.075%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Binance is 0.157% dearer against KuCoin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.075%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.166% in total (about 8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.95 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 | KuCoin DOSUSDTM | 0.2161 | 0.0100 | pay 0.0050% / 4h | 1h 22m | $294K | $846K | 20x |
| Short | Binance DOSUSDT | 0.2163 | 0.0489 | get 0.0245% / 4h | 1h 22m | $2.1M | $2.1M | 20x |
KuCoin DOSUSDTM
Binance DOSUSDTFunding 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
- $81.78
- Price spread: +0.082% → −0.075%
- $15.68
- Slippage, 4 orders
- −$803.25
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$727.79
- Costs to cover
- 8.253%
- Break-even
- 69.3 days
Slippage from KuCoin: live order book, 52 min ago; Binance: live order book, 12 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, 52 min ago | 21.57 bp | 460.2 bp −$460 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 4.62 bp | 26.5 bp −$27 | 108.9 bp −$1,089 | doesn't fit | doesn't fit |
DOS on 11 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 | 0.2162 | +0.037% | $182K | $120K | 20x | as long as short |
| KuCoin DOSUSDTMlong | +0.0100% | 4h | 0.2161 | long leg | $294K | $846K | 20x | |
| Bitget DOSUSDT | +0.0100% | 4h | 0.2160 | −0.051% | $214K | $225K | 10x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2163 | +0.083% | $14K | $360K | 10x | as long as short |
| Bybit DOSUSDT | +0.0112% | 4h | 0.2162 | +0.037% | $838K | $177K | 20x | as long as short |
| OKX DOS-USDT-SWAP | +0.0311% | 4h | 0.2164 | +0.130% | $1.2M | $2.0M | 20x | as long as short |
| BingX DOS-USDT | +0.0458% | 4h | 0.2163 | +0.083% | — | $1.6M | — | as long as short |
| MEXC DOS_USDT | +0.0488% | 4h | 0.2163 | +0.083% | $486K | $157K | 20x | as long as short |
| Binance DOSUSDTshort | +0.0489% | 4h | 0.2163 | +0.082% | $2.1M | $2.1M | 20x | |
| BloFin DOS-USDT | +0.0498% | 4h | 0.2160 | −0.056% | $109K | $21K | 20x | as long as short |
Gate DOS_USDT
Bitget DOSUSDT
HTX DOS-USDT
Bybit DOSUSDT
OKX DOS-USDT-SWAP
BingX DOS-USDT
MEXC DOS_USDT
BloFin DOS-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOSUSDT | +0.0800% | 4h | 0.2163 | +0.084% | $6K | $11K | 5x | as long as short |
Aster DOSUSDT