Funding you earn now, next payment 04:00 UTC+0.0438%/8h= +48.0% APRnext payment +$2.19 per $10,000 · paid last 24h +0.125%
Price spread now: KuCoin against Binance+0.339%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$379as in the Funding arb table
Net, price: spread back to 7d avg − costs−$376as in the Price arb table
costs, in and out, $10k−$3973.968% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)−0.269%−$27 · spread now +0.339%, 7d avg +0.134%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and KuCoin is 0.206% dearer against Binance than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.134%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.176% in total (about 9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.19 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EULUSDT | 1.4144 | 0.0100 | pay 0.0050% / 4h | 48m 49s | $3.2M | $5.0M | 25x |
| Short | KuCoin EULUSDTM | 1.4192 | 0.0538 | get 0.0269% / 4h | 48m 49s | $310K | $54K | 25x |
Binance EULUSDT
KuCoin EULUSDTMFunding 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
- $91.98
- Price spread: +0.339% → +0.134%
- $20.55
- Slippage, 4 orders
- −$374.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$284.25
- Costs to cover
- 3.968%
- Break-even
- 28.6 days
Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 33 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, 4 min ago | 1.41 bp | 18.4 bp −$18 | 129.1 bp −$1,291 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 33 min ago | 7.67 bp | 138.8 bp −$139 | doesn't fit | doesn't fit | doesn't fit |
EUL on 12 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 EULUSDT | +0.0100% | 4h | 1.4171 | +0.193% | $36K | $7K | 5x | as long as short |
| Binance EULUSDTlong | +0.0100% | 4h | 1.4144 | long leg | $3.2M | $5.0M | 25x | |
| Bybit EULUSDT | +0.0100% | 4h | 1.4161 | +0.120% | $1.6M | $1.3M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.4165 | +0.148% | $315K | $698K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4140 | −0.028% | $486K | $122K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.4180 | +0.255% | $2.2M | $290K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.4150 | +0.042% | — | $6.6M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4172 | +0.198% | $12K | $1K | — | as long as short |
| HTX EUL-USDT | +0.0100% | 4h | 1.4275 | +0.926% | $130K | $43K | 10x | as long as short |
| edgeX EULUSDC | +0.0104% | 4h | 1.4223 | +0.562% | $17K | $272K | 10x | as long as short |
Aster EULUSDT
Bybit EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
HTX EUL-USDT
edgeX EULUSDCShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EUL-USDT | +0.0126% | 4h | 1.4136 | −0.057% | $300K | $8K | 25x | as long as short |
| KuCoin EULUSDTMshort | +0.0538% | 4h | 1.4192 | +0.339% | $310K | $54K | 25x |
BloFin EUL-USDT