Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.96 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against Binance+0.032%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$470.466% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 7 days+0.009%+$1 · spread now +0.032%, 7d avg +0.007%
=The price spread pays, funding is against you. KuCoin is 0.025% dearer against Binance than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of +0.007%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.070% in total) that is about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FILUSDT | 0.9953 | 0.0080 | pay 0.0080% / 8h | 4h 43m | $57.4M | $182.7M | 75x |
| Short | KuCoin FILUSDTM | 0.9956 | −0.0016 | pay 0.0016% / 8h | 4h 43m | $7.4M | $7.4M | 50x |
Binance FILUSDT
KuCoin FILUSDTMFunding 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
- −$20.13
- Price spread: +0.032% → +0.007%
- $2.51
- Slippage, 4 orders
- −$24.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$64.22
- Costs to cover
- 0.466%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; KuCoin: live order book, 5 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, 15 min ago | 0.50 bp | 8.1 bp −$8 | 14.3 bp −$143 | 47.5 bp −$4,753 | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 2.52 bp | 12.9 bp −$13 | 36.9 bp −$369 | doesn't fit | doesn't fit |
FIL on 29 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 FIL_USDC-PERPETUAL | −0.0553% | 1h | 0.9954 | +0.012% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0208% | 1h | 0.9950 | −0.028% | $375K | $2.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0062% | 8h | 0.9946 | −0.069% | $18.6M | $103.8M | 50x | as long as short |
| KuCoin FILUSDTMshort | −0.0016% | 8h | 0.9956 | +0.032% | $7.4M | $7.4M | 50x | |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9957 | +0.046% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9968 | +0.150% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.983% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0044% | 1h | 0.9953 | +0.002% | $1.4M | $2.3M | 50x | as long as short |
| Binance FILUSDTlong | +0.0080% | 8h | 0.9953 | long leg | $57.4M | $182.7M | 75x | |
| Extended FIL-USD | +0.0080% | 1h | 0.9950 | −0.026% | $708K | $3.3M | 10x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Extended FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0082% | 8h | 0.9958 | +0.052% | $241K | $103K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9945 | −0.081% | $154K | $360K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9950 | −0.028% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9967 | +0.142% | $513K | $599K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9951 | −0.018% | $15.7M | $19.9M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9964 | +0.112% | $8.4M | $16.5M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9952 | −0.008% | $11.2M | $20.4M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9958 | +0.052% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9911 | −0.424% | $446K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9930 | −0.225% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9919 | −0.344% | $296K | $948K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9930 | −0.229% | $30K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9960 | +0.074% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9950 | −0.028% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9946 | −0.069% | $476 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9953 | +0.002% | $621K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9940 | −0.129% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0200% | 8h | 0.9958 | +0.052% | $2.7M | $646K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0573% / S −0.0237% | 1h | 0.9955 | +0.019% | $266K | — | 100x | as long as short |
MEXC FIL_USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]