Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against Binance+0.242%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1411.407% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 7 days−0.218%−$22 · spread now +0.242%, 7d avg +0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.209% dearer against Binance than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETHFIUSDT | 0.7108 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $24.8M | $35.6M | 75x |
| Short | KuCoin ETHFIUSDTM | 0.7125 | 0.0100 | get 0.0050% / 4h | 1h 14m | $1.2M | $253K | 50x |
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 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: +0.242% → +0.034%
- $20.89
- Slippage, 4 orders
- −$118.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$119.82
- Costs to cover
- 1.407%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 10 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 | 0.70 bp | 13.6 bp −$14 | 30.6 bp −$306 | 201.6 bp −$20.2K | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 7.73 bp | 55.5 bp −$56 | 158.0 bp −$1,580 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0592% | 1h | 0.7122 | +0.200% | $40K | $12K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0203% | 4h | 0.7118 | +0.144% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0099% | 4h | 0.7116 | +0.116% | $88K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.860% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0080% | 8h | 0.7118 | +0.144% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7119 | +0.164% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7118 | +0.147% | $17.8M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7118 | +0.147% | $182K | $256K | 10x | as long as short |
| Binance ETHFIUSDTlong | +0.0100% | 4h | 0.7108 | long leg | $24.8M | $35.6M | 75x | |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7115 | +0.102% | $17.8M | $12.6M | 25x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7117 | +0.130% | $5.1M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7121 | +0.186% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7118 | +0.144% | $15.5M | $4.0M | 125x | as long as short |
| KuCoin ETHFIUSDTMshort | +0.0100% | 4h | 0.7125 | +0.242% | $1.2M | $253K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7112 | +0.059% | $6.1M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7119 | +0.158% | — | $26.0M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7141 | +0.469% | $1.0M | $716K | — | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7126 | +0.256% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7109 | +0.020% | $97K | $379K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7101 | −0.099% | $8K | — | 3x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0306% | 1h | 0.7127 | +0.266% | $270K | $203K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7118 | +0.144% | $1.2M | $249K | 75x | as long as short |
| Polymarket Perps ETHFI-USD | +0.0454% | 1h | 0.7140 | +0.449% | $71K | $118K | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0512% | 1h | 0.7169 | +0.861% | $31K | $6K | 50x | as long as short |
Binance ETHFIUSDT
KuCoin ETHFIUSDTM
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
Bitget ETHFIUSDT
BingX ETHFI-USDT
Variational Omni ETHFI
SunX ETHFI-USDT
Extended ETHFI-USD
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT
Polymarket Perps ETHFI-USD
Coinbase International ETHFI-PERP-INTX