Funding you earn now, next payment 04:00 UTC+0.0500%/8h= +54.8% APRpaid last 24h +0.134%
Price spread now: KuCoin against Extended−0.045%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$797as in the Funding arb table
Net, price: spread back to 7d avg − costs−$823as in the Price arb table
costs, in and out, $10k−$8198.185% of the position
Funding, last 7 days+0.215%+$22 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. KuCoin is 0.045% cheaper against Extended than usual: you would sell low and buy high (spread −0.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 7 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.215% in total) that is about 35 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.215% in total (about 11.2% a year). A funding rate is set anew for every payment. 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 | Extended FHE-USD | 0.02242 | 0.0624 | pay 0.0078% / 1h | 26m 22s | $4K | $101K | 5x |
| Short | KuCoin FHEUSDTM | 0.02241 | 0.1124 | get 0.0562% / 4h | 26m 22s | $646K | $9.7M | 10x |
Extended FHE-USD
KuCoin FHEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Extended. 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
- $105
- Price spread: −0.045% → 0.000%
- −$4.46
- Slippage, 4 orders
- −$801.52
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$717.98
- Costs to cover
- 8.185%
- Break-even
- 54.9 days
Slippage from Extended: live order book, 2 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 Extended live order book, 2 min ago | 5.35 bp | 108.0 bp −$108 | 826.1 bp −$8,261 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 4.46 bp | 91.4 bp −$91 | doesn't fit | doesn't fit | doesn't fit |
FHE on 8 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 FHE_USDT | +0.0100% | 8h | 0.02238 | −0.178% | $620K | $75K | 10x | as long as short |
| Bybit FHEUSDT | +0.0331% | 4h | 0.02238 | −0.178% | $1.6M | $490K | 13x | as long as short |
| Aster FHEUSDT | +0.0447% | 4h | 0.02242 | −0.022% | $16K | $2K | 5x | as long as short |
| BingX FHE-USDT | +0.0596% | 4h | 0.02239 | −0.134% | — | $6.5M | — | as long as short |
| MEXC FHE_USDT | +0.0622% | 4h | 0.02242 | 0.000% | $850K | $300K | 50x | as long as short |
| Binance FHEUSDT | +0.0623% | 4h | 0.02241 | −0.026% | $3.0M | $1.4M | 10x | as long as short |
| Extended FHE-USDlong | +0.0624% | 1h | 0.02242 | long leg | $4K | $101K | 5x | |
| KuCoin FHEUSDTMshort | +0.1124% | 4h | 0.02241 | −0.045% | $646K | $9.7M | 10x |
Gate FHE_USDT
Bybit FHEUSDT
Aster FHEUSDT
BingX FHE-USDT
MEXC FHE_USDT
Binance FHEUSDT