Funding you earn now, next payment 06:00 UTC−0.3939%/8h= −431.3% APRnext payment −$4.92 per $10,000 · paid last 24h −1.143%
Price spread now: Binance against KuCoin+0.489%7-day average +0.185% · you sell dearer than you buy
Net, funding: paid 7d − costs−$427as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$1181.183% of the position
Funding, last 7 days−3.088%−$309 on $10k
+Price spread, last 7 days−0.617%−$62 · spread now +0.489%, 7d avg +0.185%
=The price spread pays, funding is against you. Binance is 0.303% dearer against KuCoin than usual: you sell high and buy low (spread +0.489% now, against its 7-day average of +0.185%): +$30 on $10k if it goes back. Holding the pair costs −$118 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−3.088% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GUSDTM | 0.006111 | −0.7296 | get 0.0912% / 1h | 18m 13s | $1.5M | $1.3M | 30x |
| Short | Binance GUSDT | 0.006141 | −1.1235 | pay 0.1404% / 1h | 18m 13s | $9.1M | $51.8M | 50x |
KuCoin GUSDTM
Binance GUSDTFunding 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
- −$827.23
- Price spread: +0.489% → +0.185%
- $30.35
- Slippage, 4 orders
- −$96.27
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$915.15
- Costs to cover
- 1.183%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 9 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, 2 min ago | 4.11 bp | 36.7 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.46 bp | 17.7 bp −$18 | 75.8 bp −$758 | 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 | −1.1320% | 1h | 0.006139 | +0.458% | $3.5M | $1.1M | 20x | as long as short |
| Binance GUSDTshort | −1.1235% | 1h | 0.006141 | +0.489% | $9.1M | $51.8M | 50x | |
| Gate G_USDT | −1.0928% | 1h | 0.006142 | +0.507% | $909K | $3.6M | 25x | as long as short |
| Aster GUSDT | −1.0399% | 1h | 0.006152 | +0.671% | $629K | $709K | 5x | as long as short |
| Bitget GUSDT | −0.7696% | 1h | 0.006138 | +0.442% | $1.4M | $5.0M | 50x | as long as short |
| KuCoin GUSDTMlong | −0.7296% | 1h | 0.006111 | long leg | $1.5M | $1.3M | 30x | |
| BingX G-USDT | −0.2592% | 1h | 0.006192 | +1.325% | — | $2.9M | — | as long as short |
MEXC G_USDT
Gate G_USDT
Aster GUSDT
Bitget GUSDT
BingX G-USDT