FLOW

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0476%/8h= +52.1% APRnext payment +$2.38 per $10,000 · paid last 24h +0.007%

Price spread now: KuCoin against Binance+0.182%7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,066as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,061as in the Price arb table

costs, in and out, $10k−$1,07010.705% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.182%, 7d avg +0.083%

Together, before fees−0.201%−$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and KuCoin is 0.099% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.083%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.041% in total (about 2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.38 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	Binance FLOWUSDT	0.03308	−0.0376	get 0.0188% / 4h	1h 12m	$2.7M	$7.9M	10x
Short	KuCoin FLOWUSDTM	0.03314	0.0100	get 0.0050% / 4h	1h 12m	$304K	$134K	10x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now +0.182%Rate

Funding earned: $99.91
Price spread: +0.182% → +0.083%: $9.9
Slippage, 4 orders: −$1,048.45
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$960.64
Costs to cover: 10.705%
Break-even: 74.3 days

Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 59 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, 12 min ago	3.01 bp	30.3 bp −$30	94.6 bp −$946	doesn't fit	doesn't fit
Sell KuCoin live order book, 59 min ago	28.70 bp	497.2 bp −$497	doesn't fit	doesn't fit	doesn't fit

FLOW on 12 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
Kraken Futures PF_FLOWUSD	−0.2123%	1h	0.03312	+0.114%	$36K	$49K	10x	as long as short
BloFin FLOW-USDT	−0.0420%	4h	0.03313	+0.151%	$147K	$22K	20x	as long as short
Binance FLOWUSDTlong	−0.0376%	4h	0.03308	long leg	$2.7M	$7.9M	10x
MEXC FLOW_USDT	−0.0366%	4h	0.03308	0.000%	$2.0M	$1.0M	50x	as long as short
Aster FLOWUSDT	−0.0203%	4h	0.03312	+0.126%	$7K	$17K	5x	as long as short
Injective FLOW/USDC PERP	+0.0033%	1h	0.03046	−7.920%	$213	$14K	5.5x	as long as short
Bybit FLOWUSDT	+0.0100%	8h	0.03312	+0.121%	$1.6M	$1.3M	20x	as long as short
OKX FLOW-USDT-SWAP	+0.0100%	4h	0.03312	+0.121%	$898K	$1.8M	10x	as long as short
Gate FLOW_USDT	+0.0100%	8h	0.03316	+0.242%	$331K	$152K	10x	as long as short
KuCoin FLOWUSDTMshort	+0.0100%	4h	0.03314	+0.182%	$304K	$134K	10x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni FLOW	+0.0100%	8h	0.03313	+0.154%	$34K	$1K	—	as long as short
BingX FLOW-USDT	+0.0200%	4h	0.03310	+0.061%	—	$1.8M	—	as long as short