Funding you earn now, next payment 04:00 UTC−0.0087%/8h= −9.5% APRnext payment −$0.43 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.170%7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$387as in the Funding arb table
Net, price: spread back to 7d avg − costs−$389as in the Price arb table
costs, in and out, $10k−$3833.831% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 7 days+0.120%+$12 · spread now −0.170%, 7d avg −0.113%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.057% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.113%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GENIUSUSDT | 0.3476 | 0.0187 | pay 0.0093% / 4h | 1h 13m | $8.9M | $18.1M | 50x |
| Short | KuCoin GENIUSUSDTM | 0.3470 | 0.0100 | get 0.0050% / 4h | 1h 13m | $535K | $1.8M | 20x |
Binance GENIUSUSDT
KuCoin GENIUSUSDTMFunding 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
- −$18.21
- Price spread: −0.170% → −0.113%
- −$5.71
- Slippage, 4 orders
- −$361.15
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$407.07
- Costs to cover
- 3.831%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 3 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, 12 min ago | 1.44 bp | 22.0 bp −$22 | 143.9 bp −$1,439 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 15.11 bp | 162.4 bp −$162 | doesn't fit | doesn't fit | doesn't fit |
GENIUS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GENIUSUSDT | +0.0100% | 4h | 0.3476 | 0.000% | $1.4M | $2.4M | 25x | as long as short |
| Gate GENIUS_USDT | +0.0100% | 4h | 0.3470 | −0.173% | $237K | $390K | 20x | as long as short |
| KuCoin GENIUSUSDTMshort | +0.0100% | 4h | 0.3470 | −0.170% | $535K | $1.8M | 20x | |
| Bitget GENIUSUSDT | +0.0100% | 4h | 0.3474 | −0.043% | $719K | $1.2M | 20x | as long as short |
| Variational Omni GENIUS | +0.0100% | 4h | 0.3476 | −0.005% | $91K | $90K | — | as long as short |
| SunX GENIUS-USDT | +0.0100% | 4h | 0.3472 | −0.115% | $1K | $698K | 20x | as long as short |
| Binance GENIUSUSDTlong | +0.0187% | 4h | 0.3476 | long leg | $8.9M | $18.1M | 50x | |
| Extended GENIUS-USD | +0.0192% | 1h | 0.3474 | −0.071% | $3K | $175K | 5x | as long as short |
| MEXC GENIUS_USDT | +0.0192% | 4h | 0.3478 | +0.058% | $475K | $340K | 20x | as long as short |
| BloFin GENIUS-USDT | +0.0213% | 4h | 0.3476 | 0.000% | $489K | $25K | 50x | as long as short |
Bybit GENIUSUSDT
Gate GENIUS_USDT
Bitget GENIUSUSDT
Variational Omni GENIUS
SunX GENIUS-USDT
Extended GENIUS-USD
MEXC GENIUS_USDT
BloFin GENIUS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GENIUS-USDT | +0.0214% | 4h | 0.3477 | +0.029% | — | $1.7M | — | as long as short |
| Aster GENIUSUSDT | +0.0699% | 4h | 0.3474 | −0.058% | $253K | $477K | 20x | as long as short |
BingX GENIUS-USDT
Aster GENIUSUSDT