Funding you earn now, next payment 04:00 UTC+0.0093%/8h= +10.1% APRnext payment +$0.46 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.055%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$379as 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−0.005%−$1 · spread now +0.055%, 7d avg +0.113%
=Funding pays, the price is against you. Binance is 0.058% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.055% now, against its 7-day average of +0.113%). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.037% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GENIUSUSDTM | 0.3471 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $535K | $1.8M | 20x |
| Short | Binance GENIUSUSDT | 0.3473 | 0.0193 | get 0.0096% / 4h | 1h 14m | $8.9M | $18.1M | 50x |
KuCoin GENIUSUSDTM
Binance GENIUSUSDTFunding 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
- $19.45
- Price spread: +0.055% → +0.113%
- −$5.79
- Slippage, 4 orders
- −$361.15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$369.49
- Costs to cover
- 3.831%
- Break-even
- 140.0 days
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 11 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 | 15.11 bp | 175.5 bp −$175 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.44 bp | 23.3 bp −$23 | 127.5 bp −$1,275 | 603.4 bp −$60.3K | 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 | 0.3471 | −0.003% | $1.4M | $2.4M | 25x | as long as short |
| Gate GENIUS_USDT | +0.0100% | 4h | 0.3470 | −0.032% | $237K | $390K | 20x | as long as short |
| KuCoin GENIUSUSDTMlong | +0.0100% | 4h | 0.3471 | long leg | $535K | $1.8M | 20x | |
| Bitget GENIUSUSDT | +0.0100% | 4h | 0.3468 | −0.078% | $718K | $1.2M | 20x | as long as short |
| Variational Omni GENIUS | +0.0100% | 4h | 0.3476 | +0.136% | $91K | $90K | — | as long as short |
| SunX GENIUS-USDT | +0.0100% | 4h | 0.3474 | +0.084% | $1K | $698K | 20x | as long as short |
| Extended GENIUS-USD | +0.0192% | 1h | 0.3474 | +0.093% | $3K | $175K | 5x | as long as short |
| MEXC GENIUS_USDT | +0.0192% | 4h | 0.3472 | +0.026% | $475K | $340K | 20x | as long as short |
| Binance GENIUSUSDTshort | +0.0193% | 4h | 0.3473 | +0.055% | $8.9M | $18.1M | 50x | |
| BloFin GENIUS-USDT | +0.0213% | 4h | 0.3476 | +0.141% | $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 | 0.3474 | +0.084% | — | $1.7M | — | as long as short |
| Aster GENIUSUSDT | +0.0707% | 4h | 0.3474 | +0.084% | $253K | $477K | 20x | as long as short |
BingX GENIUS-USDT
Aster GENIUSUSDT