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: Binance against KuCoin−0.141%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1461.462% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days+0.116%+$12 · spread now −0.141%, 7d avg −0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.107% cheaper against KuCoin than usual: you would sell low and buy high, −$11 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 | KuCoin ETHFIUSDTM | 0.7107 | 0.0100 | pay 0.0050% / 4h | 1h 40m | $1.2M | $253K | 50x |
| Short | Binance ETHFIUSDT | 0.7097 | 0.0100 | get 0.0050% / 4h | 1h 40m | $24.7M | $35.7M | 75x |
KuCoin ETHFIUSDTM
Binance ETHFIUSDTFunding 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: −0.141% → −0.034%
- −$10.72
- Slippage, 4 orders
- −$124.16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$156.88
- Costs to cover
- 1.462%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 1 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, 5 min ago | 7.03 bp | 65.2 bp −$65 | 171.2 bp −$1,712 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 0.70 bp | 14.7 bp −$15 | 39.6 bp −$396 | 152.9 bp −$15.3K | 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 | −0.0454% | 1h | 0.7099 | −0.113% | $40K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0200% | 4h | 0.7097 | −0.141% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0021% | 4h | 0.7101 | −0.084% | $87K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.871% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0067% | 8h | 0.7104 | −0.042% | $6K | — | 5x | as long as short |
| Variational Omni ETHFI | +0.0070% | 4h | 0.7107 | −0.005% | $1.0M | $728K | — | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7111 | +0.053% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7108 | +0.011% | $17.8M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7110 | +0.045% | $182K | $256K | 10x | as long as short |
| Binance ETHFIUSDTshort | +0.0100% | 4h | 0.7097 | −0.141% | $24.7M | $35.7M | 75x |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Variational Omni ETHFI
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7102 | −0.070% | $17.8M | $12.7M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7107 | 0.000% | $5.0M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7104 | −0.042% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7100 | −0.098% | $15.3M | $3.9M | 125x | as long as short |
| KuCoin ETHFIUSDTMlong | +0.0100% | 4h | 0.7107 | long leg | $1.2M | $253K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7098 | −0.127% | $6.1M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7101 | −0.084% | — | $26.0M | — | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7105 | −0.028% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7095 | −0.168% | $99K | $381K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7097 | −0.146% | $8K | — | 3x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0307% | 1h | 0.7107 | +0.002% | $269K | $201K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7098 | −0.127% | $1.2M | $248K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0512% | 1h | 0.7253 | +2.054% | $32K | $6K | 50x | as long as short |
| Polymarket Perps ETHFI-USD | +0.0551% | 1h | 0.7121 | +0.196% | $71K | $118K | 5x | as long as short |
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
Bitget ETHFIUSDT
BingX ETHFI-USDT
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Polymarket Perps ETHFI-USD