Funding you earn now, next payment 04:00 UTC+0.0121%/8h= +13.3% APRnext payment +$0.61 per $10,000 · paid last 24h +0.021%
Price spread now: KuCoin against Binance+0.218%7-day average +0.244% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1091.095% of the position
Funding, last 7 days+0.412%+$41 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now +0.218%, 7d avg +0.244%
=Funding pays, the price is against you. KuCoin is 0.026% cheaper against Binance than usual: you would sell low and buy high (spread +0.218% now, against its 7-day average of +0.244%). If the spread goes back, that is −$3 on $10k: about 17 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FFUSDT | 0.1276 | −0.0021 | get 0.0011% / 4h | 2h 06m | $43.1M | $19.6M | 20x |
| Short | KuCoin FFUSDTM | 0.1278 | 0.0100 | get 0.0050% / 4h | 2h 06m | $8.6M | $5.0M | 20x |
Funding 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
- $25.42
- Price spread: +0.218% → +0.244%
- −$2.59
- Slippage, 4 orders
- −$87.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$86.63
- Costs to cover
- 1.095%
- Break-even
- 30.9 days
Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 2 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, 6 min ago | 0.39 bp | 10.1 bp −$10 | 43.2 bp −$432 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 6.64 bp | 40.4 bp −$40 | 237.8 bp −$2,378 | doesn't fit | doesn't fit |
FF 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance FFUSDTlong | −0.0021% | 4h | 0.1276 | long leg | $43.1M | $19.6M | 20x | |
| MEXC FF_USDT | −0.0018% | 4h | 0.1276 | +0.015% | $10.1M | $764K | 50x | as long as short |
| Aster FFUSDT | +0.0100% | 4h | 0.1279 | +0.228% | $1.2M | $17K | 5x | as long as short |
| Bybit FFUSDT | +0.0100% | 4h | 0.1277 | +0.077% | $14.4M | $5.1M | 20x | as long as short |
| Gate FF_USDT | +0.0100% | 4h | 0.1279 | +0.234% | $26.9M | $1.5M | 50x | as long as short |
| KuCoin FFUSDTMshort | +0.0100% | 4h | 0.1278 | +0.218% | $8.6M | $5.0M | 20x | |
| Bitget FFUSDT | +0.0100% | 4h | 0.1278 | +0.140% | $18.6M | $1.3M | 5x | as long as short |
| BingX FF-USDT | +0.0100% | 4h | 0.1277 | +0.093% | — | $6.7M | — | as long as short |
| SunX FF-USDT | +0.0100% | 4h | 0.1274 | −0.126% | $2K | $1.3M | 20x | as long as short |
| Lighter FF | +0.0656% | 1h | 0.1280 | +0.344% | $135K | $35K | 3x | as long as short |
Binance FFUSDT
KuCoin FFUSDTM
MEXC FF_USDT
Aster FFUSDT
Bybit FFUSDT
Gate FF_USDT
Bitget FFUSDT
BingX FF-USDT
SunX FF-USDT
Lighter FF