Settings8H · net · $10k
Funding arb · Price arb /

EDU

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0518%/8h= +56.7% APRnext payment +$5.18 per $10,000 · paid last 24h +0.055%
Price spread now: KuCoin against Binance+0.155%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and KuCoin is 0.155% dearer against Binance than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.055% in total (about 2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.18 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EDUUSDT0.051500.0100pay 0.0100% / 8h5h 13m$4.3M$1.8M50x
ShortKuCoin EDUUSDTM0.051580.0618get 0.0618% / 8h5h 13m$80K$30K30x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$108.78
Price spread: +0.155% → 0.000%
$15.53
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$102.31
Costs to cover
0.220%
Break-even
0.4 days
Slippage unknown: Binance: live order book, 8 min ago; KuCoin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago1.94 bp24.8 bp −$25132.0 bp −$1,320doesn't fitdoesn't fit
Sell KuCoin no order-book sample
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EDU on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EDUUSDT+0.0100%8h0.05152+0.035%$1K$9K5xas long as short
Binance EDUUSDTlong+0.0100%8h0.05150long leg$4.3M$1.8M50x
Bybit EDUUSDT+0.0100%8h0.05146−0.078%$513K$249K5xas long as short
Gate EDU_USDT+0.0100%8h0.05147−0.058%$107K$21K50xas long as short
MEXC EDU_USDT+0.0100%8h0.05146−0.078%$3.5M$248K50xas long as short
BingX EDU-USDT+0.0100%8h0.051500.000%$2.3Mas long as short
Variational Omni EDU+0.0100%8h0.05151+0.019%$5K$27as long as short
KuCoin EDUUSDTMshort+0.0618%8h0.05158+0.155%$80K$30K30x