Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.029%
Price spread now: Binance against KuCoin+0.125%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$498as in the Funding arb table
Net, price: spread back to 7d avg − costs−$511as in the Price arb table
costs, in and out, $10k−$5155.146% 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 +0.125%, 7d avg +0.088%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.037% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ERAUSDTM | 0.06716 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $133K | $64K | 25x |
| Short | Binance ERAUSDT | 0.06724 | 0.0100 | get 0.0050% / 4h | 2h 36m | $2.0M | $3.9M | 25x |
KuCoin ERAUSDTM
Binance ERAUSDTFunding 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
- $0
- Price spread: +0.125% → +0.088%
- $3.71
- Slippage, 4 orders
- −$492.63
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$510.93
- Costs to cover
- 5.146%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 12 min ago; Binance: live order book, 15 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, 12 min ago | 14.80 bp | 262.6 bp −$263 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.22 bp | 23.4 bp −$23 | 208.8 bp −$2,088 | 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 | 0.06715 | −0.018% | $5K | $12K | 5x | as long as short |
| Binance ERAUSDTshort | +0.0100% | 4h | 0.06724 | +0.125% | $2.0M | $3.9M | 25x | |
| Bybit ERAUSDT | +0.0100% | 4h | 0.06728 | +0.179% | $776K | $744K | 25x | as long as short |
| Gate ERA_USDT | +0.0100% | 4h | 0.06716 | 0.000% | $151K | $654K | 25x | as long as short |
| MEXC ERA_USDT | +0.0100% | 4h | 0.06729 | +0.194% | $526K | $151K | 20x | as long as short |
| KuCoin ERAUSDTMlong | +0.0100% | 4h | 0.06716 | long leg | $133K | $64K | 25x | |
| Bitget ERAUSDT | +0.0100% | 4h | 0.06733 | +0.253% | $809K | $220K | 25x | as long as short |
| BingX ERA-USDT | +0.0100% | 4h | 0.06723 | +0.104% | — | $6.5M | — | as long as short |
| Variational Omni ERA | +0.0100% | 4h | 0.06738 | +0.334% | $10K | $594 | — | as long as short |
Aster ERAUSDT
Bybit ERAUSDT
Gate ERA_USDT
MEXC ERA_USDT
Bitget ERAUSDT
BingX ERA-USDT
Variational Omni ERA