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+0.137%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$518as in the Funding arb table
Net, price: spread back to 7d avg − costs−$503as in the Price arb table
costs, in and out, $10k−$5195.193% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)−0.602%−$60 · spread now +0.137%, 7d avg −0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.167% dearer against Binance than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FRAXUSDT | 0.2911 | 0.0100 | pay 0.0050% / 4h | 3h 57m | $1.5M | $938K | 50x |
| Short | KuCoin FRAXUSDTM | 0.2915 | 0.0100 | get 0.0050% / 4h | 3h 57m | $98K | $156K | 50x |
Binance FRAXUSDT
KuCoin FRAXUSDTMFunding 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: +0.137% → −0.029%
- $16.69
- Slippage, 4 orders
- −$497.32
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$502.63
- Costs to cover
- 5.193%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 7 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, 6 min ago | 3.43 bp | 35.0 bp −$35 | 341.5 bp −$3,415 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 29.16 bp | 223.0 bp −$223 | 548.5 bp −$5,485 | doesn't fit | doesn't fit |
FRAX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster FRAXUSDT | +0.0100% | 4h | 0.2914 | +0.115% | $22K | $13K | 5x | as long as short |
| Binance FRAXUSDTlong | +0.0100% | 4h | 0.2911 | long leg | $1.5M | $938K | 50x | |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2912 | +0.034% | $44K | $15K | 20x | as long as short |
| MEXC FRAX_USDT | +0.0100% | 4h | 0.2912 | +0.034% | $203K | $107K | 50x | as long as short |
| KuCoin FRAXUSDTMshort | +0.0100% | 4h | 0.2915 | +0.137% | $98K | $156K | 50x | |
| Bitget FRAXUSDT | +0.0100% | 4h | 0.2915 | +0.155% | $147K | $40K | 50x | as long as short |
| BingX FRAX-USDT | +0.0100% | 4h | 0.2913 | +0.069% | — | $1.2M | — | as long as short |
Aster FRAXUSDT
Gate FRAX_USDT
MEXC FRAX_USDT
Bitget FRAXUSDT
BingX FRAX-USDT