Funding you earn now, next payment 00:00 UTC+0.0221%/8h= +24.2% APRnext payment +$1.11 per $10,000 · paid last 24h −0.003%
Price spread now: KuCoin against Binance+0.114%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2422.422% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 7 days−0.248%−$25 · spread now +0.114%, 7d avg −0.030%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.144% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.030%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.11 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 EVAAUSDT | 0.8765 | 0.0659 | pay 0.0329% / 4h | 3m 15s | $6.9M | $16.6M | 10x |
| Short | KuCoin EVAAUSDTM | 0.8775 | 0.0880 | get 0.0440% / 4h | 3m 15s | $1.6M | $1.4M | 10x |
Binance EVAAUSDT
KuCoin EVAAUSDTMFunding 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
- $46.49
- Price spread: +0.114% → −0.030%
- $14.38
- Slippage, 4 orders
- −$220.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$181.29
- Costs to cover
- 2.422%
- Break-even
- 34.3 days
Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 3 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, 7 min ago | 2.29 bp | 23.3 bp −$23 | 215.3 bp −$2,153 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 5.15 bp | 99.8 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
EVAA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX EVAA-USDT | +0.0070% | 4h | 0.8758 | −0.080% | — | $7.1M | — | as long as short |
| Gate EVAA_USDT | +0.0100% | 8h | 0.8754 | −0.125% | $2.1M | $1.9M | 10x | as long as short |
| Bitget EVAAUSDT | +0.0100% | 4h | 0.8755 | −0.114% | $2.2M | $1.9M | 10x | as long as short |
| SunX EVAA-USDT | +0.0100% | 4h | 0.8763 | −0.023% | $4K | $1.2M | 20x | as long as short |
| BloFin EVAA-USDT | +0.0605% | 4h | 0.8732 | −0.376% | $446K | $118K | 10x | as long as short |
| Extended EVAA-USD | +0.0656% | 1h | 0.8765 | +0.003% | $5K | $135K | 5x | as long as short |
| MEXC EVAA_USDT | +0.0658% | 4h | 0.8777 | +0.137% | $9.7M | $2.0M | 50x | as long as short |
| Binance EVAAUSDTlong | +0.0659% | 4h | 0.8765 | long leg | $6.9M | $16.6M | 10x | |
| Bybit EVAAUSDT | +0.0678% | 4h | 0.8757 | −0.091% | $2.7M | $1.7M | 5x | as long as short |
| Aster EVAAUSDT | +0.0773% | 4h | 0.8754 | −0.128% | $20K | $424K | 5x | as long as short |
BingX EVAA-USDT
Gate EVAA_USDT
Bitget EVAAUSDT
SunX EVAA-USDT
BloFin EVAA-USDT
Extended EVAA-USD
MEXC EVAA_USDT
Bybit EVAAUSDT
Aster EVAAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EVAAUSDTMshort | +0.0880% | 4h | 0.8775 | +0.114% | $1.6M | $1.4M | 10x |