Funding you earn now, next payment 05:00 UTC+0.6026%/8h= +659.9% APRnext payment +$7.53 per $10,000 · paid last 24h +1.177%
Price spread now: KuCoin against Binance−0.560%7-day average −0.176% · you buy dearer than you sell
Net, funding: paid 7d − costs+$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1071.066% of the position
Funding, last 7 days+2.971%+$297 on $10k
+Price spread, last 7 days+0.642%+$64 · spread now −0.560%, 7d avg −0.176%
=Funding pays, the price is against you. KuCoin is 0.385% cheaper against Binance than usual: you would sell low and buy high (spread −0.560% now, against its 7-day average of −0.176%). If the spread goes back, that is −$38 on $10k: about 5 hours of funding at the current rate (+$181 a day). At the pace of the last 7 days (+2.971% in total) that is about 22 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 2.971% in total (about 154.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.53 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 GUSDT | 0.006246 | −1.3962 | get 0.1745% / 1h | 55m 59s | $9.2M | $57.8M | 50x |
| Short | KuCoin GUSDTM | 0.006211 | −0.7936 | pay 0.0992% / 1h | 55m 59s | $1.5M | $1.3M | 30x |
Binance GUSDT
KuCoin GUSDTMFunding 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
- $1,265.48
- Price spread: −0.560% → −0.176%
- −$38.46
- Slippage, 4 orders
- −$84.63
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $1,120.39
- Costs to cover
- 1.066%
- Break-even
- 0.8 days
Slippage from Binance: live order book, 16 min ago; KuCoin: live order book, 10 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, 16 min ago | 0.80 bp | 14.8 bp −$15 | 67.6 bp −$676 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 2.40 bp | 32.9 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
G 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC G_USDT | −1.4056% | 1h | 0.006246 | 0.000% | $3.7M | $1.1M | 20x | as long as short |
| Binance GUSDTlong | −1.3962% | 1h | 0.006246 | long leg | $9.2M | $57.8M | 50x | |
| Bitget GUSDT | −1.3712% | 1h | 0.006246 | 0.000% | $1.4M | $5.8M | 50x | as long as short |
| Gate G_USDT | −1.2352% | 1h | 0.006234 | −0.192% | $927K | $3.7M | 25x | as long as short |
| Aster GUSDT | −1.1958% | 1h | 0.006265 | +0.304% | $640K | $1.0M | 5x | as long as short |
| KuCoin GUSDTMshort | −0.7936% | 1h | 0.006211 | −0.560% | $1.5M | $1.3M | 30x | |
| BingX G-USDT | −0.3210% | 1h | 0.006245 | −0.016% | — | $2.9M | — | as long as short |
MEXC G_USDT
Bitget GUSDT
Gate G_USDT
Aster GUSDT
BingX G-USDT