FOLKS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0441%/8h= −48.3% APRnext payment −$2.20 per $10,000 · paid last 24h −0.065%

Price spread now: KuCoin against Binance−0.422%7-day average −0.261% · you buy dearer than you sell

Net, funding: paid 7d − costs−$978as in the Funding arb table

Net, price: spread back to 7d avg − costs−$979as in the Price arb table

costs, in and out, $10k−$9639.628% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.156%−$16 on $10k

Price spread, last 7 days+0.095%+$9 · spread now −0.422%, 7d avg −0.261%

Together, before fees−0.061%−$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and KuCoin is 0.161% cheaper against Binance than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.261%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.156% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.20 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 FOLKSUSDT	2.1310	0.0701	pay 0.0350% / 4h	42m 47s	$6.3M	$1.5M	50x
Short	KuCoin FOLKSUSDTM	2.1220	0.0260	get 0.0130% / 4h	42m 47s	$1.2M	$1.7M	50x

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 −0.422%Rate

Funding earned: −$92.59
Price spread: −0.422% → −0.261%: −$16.1
Slippage, 4 orders: −$940.78
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,071.46
Costs to cover: 9.628%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 3 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, 11 min ago	4.69 bp	42.2 bp −$42	422.2 bp −$4,222	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	4.72 bp	443.6 bp −$444	doesn't fit	doesn't fit	doesn't fit

FOLKS on 11 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
Lighter FOLKS	+0.0096%	1h	2.1359	+0.230%	$72K	$2K	3x	as long as short
Bybit FOLKSUSDT	+0.0100%	4h	2.1283	−0.127%	$1.2M	$266K	20x	as long as short
Bitget FOLKSUSDT	+0.0100%	4h	2.1299	−0.052%	$1.0M	$175K	50x	as long as short
Variational Omni FOLKS	+0.0100%	4h	2.1271	−0.181%	$14K	$4K	—	as long as short
Gate FOLKS_USDT	+0.0133%	8h	2.1280	−0.141%	$245K	$108K	50x	as long as short
KuCoin FOLKSUSDTMshort	+0.0260%	4h	2.1220	−0.422%	$1.2M	$1.7M	50x
Aster FOLKSUSDT	+0.0442%	4h	2.1285	−0.117%	$43K	$12K	5x	as long as short
Binance FOLKSUSDTlong	+0.0701%	4h	2.1310	long leg	$6.3M	$1.5M	50x
BingX FOLKS-USDT	+0.0708%	4h	2.1300	−0.047%	—	$6.5M	—	as long as short
MEXC FOLKS_USDT	+0.0712%	4h	2.1310	0.000%	$942K	$177K	100x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin FOLKS-USDT	+0.0748%	4h	2.1330	+0.094%	$412K	$28K	50x	as long as short