Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.010%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$700.702% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now −0.010%, 7d avg −0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FETUSDTM | 0.2014 | 0.0100 | pay 0.0100% / 8h | 1h 36m | $10.4M | $19.1M | 50x |
| Short | Binance FETUSDT | 0.2014 | 0.0100 | get 0.0100% / 8h | 1h 36m | $31.5M | $107.3M | 75x |
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
- $0
- Price spread: −0.010% → −0.013%
- $0.24
- Slippage, 4 orders
- −$48.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$69.99
- Costs to cover
- 0.702%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Binance: 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 KuCoin live order book, 3 min ago | 4.95 bp | 14.2 bp −$14 | 60.2 bp −$602 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.47 bp | 12.3 bp −$12 | 23.0 bp −$230 | 117.1 bp −$11.7K | doesn't fit |
FET on 20 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 FET_USDC-PERPETUAL | −0.4691% | 1h | 0.2014 | 0.000% | $27K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0744% | 1h | 0.2022 | +0.397% | $152K | $201K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2015 | +0.059% | $32K | — | 150x | as long as short |
| Gate FET_USDT | +0.0051% | 8h | 0.2012 | −0.099% | $2.7M | $11.9M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2015 | +0.043% | $342K | $535K | 10x | as long as short |
| Binance FETUSDTshort | +0.0100% | 8h | 0.2014 | −0.010% | $31.5M | $107.3M | 75x | |
| MEXC FET_USDT | +0.0100% | 8h | 0.2013 | −0.050% | $34.5M | $25.1M | 200x | as long as short |
| KuCoin FETUSDTMlong | +0.0100% | 8h | 0.2014 | long leg | $10.4M | $19.1M | 50x | |
| Variational Omni FET | +0.0100% | 8h | 0.2023 | +0.460% | $275K | $317K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2014 | 0.000% | $37K | $5K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FET-USD | +0.0104% | 1h | 0.2015 | +0.032% | $34K | $190K | 10x | as long as short |
| OKX FET-USDT-SWAP | +0.0158% | 4h | 0.2016 | +0.099% | $858K | $7.5M | 20x | as long as short |
| Hyperliquid FET | +0.0161% | 1h | 0.2015 | +0.066% | $8.9M | $7.9M | 5x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2013 | −0.044% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2018 | +0.199% | $1.7M | $2.6M | 100x | as long as short |
| BingX FET-USDT | +0.0299% | 8h | 0.2014 | 0.000% | — | $5.6M | — | as long as short |
| Bitget FETUSDT | +0.0315% | 8h | 0.2016 | +0.099% | $16.4M | $11.4M | 75x | as long as short |
| Kraken Futures PF_FETUSD | +0.0359% | 1h | 0.2016 | +0.091% | $1.0M | $2.2M | 50x | as long as short |
| Injective FET/USDC PERP | +0.0553% | 1h | 0.2010 | −0.199% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0599% | 1h | 0.2025 | +0.546% | $27K | $36K | 5x | as long as short |
KuCoin FETUSDTM
Binance FETUSDT
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Gate FET_USDT
Aster FETUSDT
MEXC FET_USDT
Variational Omni FET
Extended FET-USD
OKX FET-USDT-SWAP
Hyperliquid FET
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Phoenix FET