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: Binance against KuCoin+0.015%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$807as in the Funding arb table
Net, price: spread back to 7d avg − costs−$806as in the Price arb table
costs, in and out, $10k−$8058.049% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)+0.318%+$32 · spread now +0.015%, 7d avg +0.024%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FRAXUSDTM | 0.2939 | 0.0100 | pay 0.0050% / 4h | 41m 25s | $84K | $161K | 50x |
| Short | Binance FRAXUSDT | 0.2939 | 0.0100 | get 0.0050% / 4h | 41m 25s | $1.5M | $738K | 50x |
KuCoin FRAXUSDTM
Binance FRAXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: +0.015% → +0.024%
- −$0.84
- Slippage, 4 orders
- −$782.93
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$805.77
- Costs to cover
- 8.049%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 59 min ago; Binance: 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 KuCoin live order book, 59 min ago | 25.83 bp | 428.0 bp −$428 | 987.6 bp −$9,876 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 3.43 bp | 40.8 bp −$41 | 254.5 bp −$2,545 | 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 | 0.2941 | +0.063% | $22K | $13K | 5x | as long as short |
| Binance FRAXUSDTshort | +0.0100% | 4h | 0.2939 | +0.015% | $1.5M | $738K | 50x | |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2936 | −0.102% | $45K | $15K | 20x | as long as short |
| MEXC FRAX_USDT | +0.0100% | 4h | 0.2938 | −0.034% | $205K | $108K | 50x | as long as short |
| KuCoin FRAXUSDTMlong | +0.0100% | 4h | 0.2939 | long leg | $84K | $161K | 50x | |
| Bitget FRAXUSDT | +0.0100% | 4h | 0.2937 | −0.075% | $142K | $26K | 50x | as long as short |
| BingX FRAX-USDT | +0.0100% | 4h | 0.2938 | −0.034% | — | $1.2M | — | as long as short |
Aster FRAXUSDT
Gate FRAX_USDT
MEXC FRAX_USDT
Bitget FRAXUSDT
BingX FRAX-USDT