Funding you earn now, next payment 04:00 UTC−0.0274%/8h= −30.0% APRnext payment −$1.37 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against KuCoin−0.048%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$256as in the Funding arb table
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$2512.511% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 7 days+0.202%+$20 · spread now −0.048%, 7d avg +0.028%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Binance is 0.076% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.028%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.053% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.37 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 | KuCoin EVAAUSDTM | 0.8183 | 0.1160 | pay 0.0580% / 4h | 2h 28m | $1.6M | $1.7M | 10x |
| Short | Binance EVAAUSDT | 0.8179 | 0.0886 | get 0.0443% / 4h | 2h 28m | $6.5M | $22.8M | 10x |
Funding 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
- −$57.46
- Price spread: −0.048% → +0.028%
- −$7.64
- Slippage, 4 orders
- −$229.07
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$316.17
- Costs to cover
- 2.511%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 12 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, 2 min ago | 7.95 bp | 97.5 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 4.23 bp | 39.0 bp −$39 | 251.6 bp −$2,516 | doesn't fit | doesn't fit |
EVAA on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EVAA_USDT | +0.0100% | 8h | 0.8169 | −0.171% | $2.0M | $2.2M | 10x | as long as short |
| Bitget EVAAUSDT | +0.0100% | 4h | 0.8178 | −0.061% | $2.0M | $2.6M | 10x | as long as short |
| SunX EVAA-USDT | +0.0100% | 4h | 0.8190 | +0.086% | $4K | $1.7M | 20x | as long as short |
| Bybit EVAAUSDT | +0.0843% | 4h | 0.8166 | −0.208% | $2.5M | $2.2M | 5x | as long as short |
| MEXC EVAA_USDT | +0.0882% | 4h | 0.8180 | −0.037% | $9.0M | $2.4M | 50x | as long as short |
| Binance EVAAUSDTshort | +0.0886% | 4h | 0.8179 | −0.048% | $6.5M | $22.8M | 10x | |
| Extended EVAA-USD | +0.0888% | 1h | 0.8182 | −0.014% | $8K | $142K | 5x | as long as short |
| BingX EVAA-USDT | +0.0888% | 4h | 0.8180 | −0.037% | — | $7.4M | — | as long as short |
| Aster EVAAUSDT | +0.0907% | 4h | 0.8171 | −0.149% | $13K | $498K | 5x | as long as short |
| KuCoin EVAAUSDTMlong | +0.1160% | 4h | 0.8183 | long leg | $1.6M | $1.7M | 10x |
KuCoin EVAAUSDTM
Binance EVAAUSDT
Gate EVAA_USDT
Bitget EVAAUSDT
SunX EVAA-USDT
Bybit EVAAUSDT
MEXC EVAA_USDT
Extended EVAA-USD
BingX EVAA-USDT
Aster EVAAUSDT