Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%
Price spread now: KuCoin against Binance−0.135%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$518as in the Funding arb table
Net, price: spread back to 7d avg − costs−$506as in the Price arb table
costs, in and out, $10k−$5025.016% of the position
Funding, last 7 days−0.165%−$16 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.135%, 7d avg −0.091%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.044% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.091%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ERAUSDT | 0.06801 | 0.0100 | pay 0.0050% / 4h | 25m 43s | $2.1M | $4.5M | 25x |
| Short | KuCoin ERAUSDTM | 0.06792 | 0.0100 | get 0.0050% / 4h | 25m 43s | $141K | $66K | 25x |
Binance ERAUSDT
KuCoin ERAUSDTMFunding 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: −0.135% → −0.091%
- −$4.43
- Slippage, 4 orders
- −$479.61
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$506.05
- Costs to cover
- 5.016%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 48 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, 12 min ago | 1.47 bp | 21.0 bp −$21 | 283.6 bp −$2,836 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 48 min ago | 8.09 bp | 202.2 bp −$202 | doesn't fit | doesn't fit | doesn't fit |
ERA 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ERAUSDT | +0.0100% | 4h | 0.06794 | −0.102% | $5K | $12K | 5x | as long as short |
| Binance ERAUSDTlong | +0.0100% | 4h | 0.06801 | long leg | $2.1M | $4.5M | 25x | |
| Bybit ERAUSDT | +0.0100% | 4h | 0.06806 | +0.071% | $769K | $831K | 25x | as long as short |
| Gate ERA_USDT | +0.0100% | 4h | 0.06797 | −0.062% | $149K | $693K | 25x | as long as short |
| MEXC ERA_USDT | +0.0100% | 4h | 0.06804 | +0.041% | $536K | $152K | 20x | as long as short |
| KuCoin ERAUSDTMshort | +0.0100% | 4h | 0.06792 | −0.135% | $141K | $66K | 25x | |
| Bitget ERAUSDT | +0.0100% | 4h | 0.06800 | −0.017% | $814K | $236K | 25x | as long as short |
| BingX ERA-USDT | +0.0100% | 4h | 0.06799 | −0.032% | — | $6.5M | — | as long as short |
| Variational Omni ERA | +0.0100% | 4h | 0.06791 | −0.154% | $10K | $594 | — | as long as short |
Aster ERAUSDT
Bybit ERAUSDT
Gate ERA_USDT
MEXC ERA_USDT
Bitget ERAUSDT
BingX ERA-USDT
Variational Omni ERA