Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: KuCoin against Binance−0.285%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,976as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,970as in the Price arb table
costs, in and out, $10k−$1,95219.516% of the position
Funding, last 7 days−0.241%−$24 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.285%, 7d avg −0.103%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.182% cheaper against Binance than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.103%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ELSAUSDT | 0.05617 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $1.3M | $1.2M | 20x |
| Short | KuCoin ELSAUSDTM | 0.05601 | 0.0100 | get 0.0050% / 4h | 3h 30m | $186K | $23K | 20x |
Binance ELSAUSDT
KuCoin ELSAUSDTMFunding 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
- $0
- Price spread: −0.285% → −0.103%
- −$18.21
- Slippage, 4 orders
- −$1,929.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,969.79
- Costs to cover
- 19.516%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 40 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, 2 min ago | 2.68 bp | 34.8 bp −$35 | 457.9 bp −$4,579 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 40 min ago | 25.83 bp | 607.3 bp −$607 | doesn't fit | doesn't fit | doesn't fit |
ELSA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ELSAUSDTlong | +0.0100% | 4h | 0.05617 | long leg | $1.3M | $1.2M | 20x | |
| Gate ELSA_USDT | +0.0100% | 4h | 0.05609 | −0.142% | $142K | $46K | 20x | as long as short |
| MEXC ELSA_USDT | +0.0100% | 4h | 0.05615 | −0.036% | $509K | $124K | 50x | as long as short |
| KuCoin ELSAUSDTMshort | +0.0100% | 4h | 0.05601 | −0.285% | $186K | $23K | 20x | |
| Variational Omni ELSA | +0.0100% | 4h | 0.05618 | +0.009% | $1K | $461 | — | as long as short |
| Bitget ELSAUSDT | +0.0228% | 4h | 0.05605 | −0.214% | $467K | $178K | 20x | as long as short |
| Aster ELSAUSDT | +0.0375% | 4h | 0.05608 | −0.153% | $32K | $5K | 5x | as long as short |
| Bybit ELSAUSDT | +0.0493% | 4h | 0.05613 | −0.071% | $830K | $297K | 20x | as long as short |
| BingX ELSA-USDT | +0.0640% | 4h | 0.05612 | −0.089% | — | $1.3M | — | as long as short |
Gate ELSA_USDT
MEXC ELSA_USDT
Variational Omni ELSA
Bitget ELSAUSDT
Aster ELSAUSDT
Bybit ELSAUSDT
BingX ELSA-USDT