Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.006%
Price spread now: KuCoin against Extended+0.042%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1491.486% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.164%+$16 · spread now +0.042%, 7d avg +0.087%
=Together, before fees+0.173%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.046% cheaper against Extended than usual: you would sell low and buy high (spread +0.042% now, against its 7-day average of +0.087%). If the spread goes back, that is −$5 on $10k: about 37 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.009% in total) that is about 34 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ETHFI-USD | 0.6962 | 0 | get 0.0000% / 1h | 57m 53s | $95K | $505K | 10x |
| Short | KuCoin ETHFIUSDTM | 0.6965 | 0.0100 | get 0.0050% / 4h | 3h 57m | $1.2M | $215K | 50x |
Extended ETHFI-USD
KuCoin ETHFIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Extended. 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
- $21
- Price spread: +0.042% → +0.087%
- −$4.58
- Slippage, 4 orders
- −$131.6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$132.18
- Costs to cover
- 1.486%
- Break-even
- 51.1 days
Slippage from Extended: live order book, 40 min ago; KuCoin: live order book, 7 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 Extended live order book, 40 min ago | 3.32 bp | 19.2 bp −$19 | 156.7 bp −$1,567 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 6.47 bp | 56.3 bp −$56 | 156.0 bp −$1,560 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ETHFI_USDC | −0.0283% | 4h | 0.6965 | +0.042% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0254% | 4h | 0.6963 | +0.007% | $917K | $785K | — | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0180% | 1h | 0.6969 | +0.099% | $41K | $12K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0119% | 8h | 0.6967 | +0.070% | $6K | — | 5x | as long as short |
| HTX ETHFI-USDT | −0.0101% | 4h | 0.6960 | −0.030% | $83K | $149K | 20x | as long as short |
| Bybit ETHFIUSDT | −0.0063% | 4h | 0.6965 | +0.042% | $17.1M | $12.9M | 25x | as long as short |
| Binance ETHFIUSDT | 0.0000% | 4h | 0.6964 | +0.027% | $24.3M | $36.0M | 75x | as long as short |
| Extended ETHFI-USDlong | 0.0000% | 1h | 0.6962 | long leg | $95K | $505K | 10x | |
| MEXC ETHFI_USDT | 0.0000% | 4h | 0.6964 | +0.027% | $15.7M | $4.1M | 125x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.992% | $321 | $51K | 5.5x | as long as short |
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Deribit ETHFI_USDC-PERPETUAL
Paradex ETHFI-USD-PERP
HTX ETHFI-USDT
Bybit ETHFIUSDT
Binance ETHFIUSDT
MEXC ETHFI_USDT
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6965 | +0.042% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6971 | +0.129% | $1.1M | $823K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6974 | +0.168% | $16.7M | $8.7M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6970 | +0.113% | $178K | $224K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6970 | +0.113% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6972 | +0.142% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTMshort | +0.0100% | 4h | 0.6965 | +0.042% | $1.2M | $215K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6965 | +0.042% | $6.1M | $4.7M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6967 | +0.070% | — | $10.8M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6978 | +0.228% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6979 | +0.243% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0239% | 4h | 0.6950 | −0.174% | $1.2M | $241K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0336% | 1h | 0.6990 | +0.401% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0866% | 1h | 0.6980 | +0.263% | $291K | $283K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD