Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.297%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$416as in the Funding arb table
Net, price: spread back to 7d avg − costs−$441as in the Price arb table
costs, in and out, $10k−$4164.164% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.283%+$28 · spread now −0.297%, 7d avg −0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.250% cheaper against Binance than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FORMUSDT | 0.3133 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $15.2M | $172.7M | 50x |
| Short | KuCoin FORMUSDTM | 0.3124 | 0.0100 | get 0.0050% / 4h | 2h 21m | $182K | $1.6M | 30x |
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
- $0
- Price spread: −0.297% → −0.047%
- −$25.02
- Slippage, 4 orders
- −$394.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$441.37
- Costs to cover
- 4.164%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 4 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, 7 min ago | 1.62 bp | 25.1 bp −$25 | 100.2 bp −$1,002 | 704.6 bp −$70.5K | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 24.22 bp | 174.3 bp −$174 | 496.8 bp −$4,968 | doesn't fit | doesn't fit |
FORM 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) FORM/USD | L −0.0007% / S +0.0008% | 1h | 0.3123 | −0.323% | — | — | — | as long as short |
| Aster FORMUSDT | +0.0100% | 4h | 0.3130 | −0.115% | $39K | $1.1M | 5x | as long as short |
| Binance FORMUSDTlong | +0.0100% | 4h | 0.3133 | long leg | $15.2M | $172.7M | 50x | |
| Bybit FORMUSDT | +0.0100% | 4h | 0.3133 | −0.010% | $1.8M | $14.6M | 20x | as long as short |
| MEXC FORM_USDT | +0.0100% | 4h | 0.3131 | −0.074% | $1.2M | $9.8M | 100x | as long as short |
| KuCoin FORMUSDTMshort | +0.0100% | 4h | 0.3124 | −0.297% | $182K | $1.6M | 30x | |
| Bitget FORMUSDT | +0.0100% | 4h | 0.3131 | −0.074% | $968K | $10.5M | 50x | as long as short |
| BingX FORM-USDT | +0.0100% | 4h | 0.3127 | −0.202% | — | $3.9M | — | as long as short |
| Gate FORM_USDT | +0.0102% | 4h | 0.3128 | −0.170% | $701K | $5.4M | 50x | as long as short |
| BloFin FORM-USDT | +0.0116% | 4h | 0.3108 | −0.808% | $874K | $404K | 50x | as long as short |
Binance FORMUSDT
KuCoin FORMUSDTM
gTrade (Gains Network) FORM/USD
Aster FORMUSDT
Bybit FORMUSDT
MEXC FORM_USDT
Bitget FORMUSDT
BingX FORM-USDT
Gate FORM_USDT
BloFin FORM-USDT