Funding you earn now, next payment 08:00 UTC−0.0272%/8h= −29.8% APRnext payment −$2.72 per $10,000 · paid last 24h −0.029%
Price spread now: Binance against KuCoin+0.071%7-day average −0.126% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.071%, 7d avg −0.126%
=The price spread pays, funding is against you. Binance is 0.197% dearer against KuCoin than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.126%): +$20 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.055% in total) that is about 25 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.055% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.72 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 | KuCoin GTCUSDTM | 0.08760 | 0.0372 | pay 0.0372% / 8h | 7h 38m | $205K | $25K | 10x |
| Short | Binance GTCUSDT | 0.08766 | 0.0100 | get 0.0100% / 8h | 7h 38m | $1.4M | $939K | 10x |
KuCoin GTCUSDTM
Binance GTCUSDTFunding 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
- −$57.12
- Price spread: +0.071% → −0.126%
- $19.67
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$59.45
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 11 min ago; Binance: live order book, 9 min ago. Net counts fees only.
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, 11 min ago | 28.52 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.28 bp | 36.7 bp −$37 | 406.6 bp −$4,066 | doesn't fit | doesn't fit |
GTC on 4 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 GTCUSDT | +0.0100% | 8h | 0.09407 | +7.386% | $3K | $480 | 5x | as long as short |
| Binance GTCUSDTshort | +0.0100% | 8h | 0.08766 | +0.071% | $1.4M | $939K | 10x | |
| Extended GTC-USD | +0.0104% | 1h | 0.08763 | +0.036% | $885 | $140K | 5x | as long as short |
| KuCoin GTCUSDTMlong | +0.0372% | 8h | 0.08760 | long leg | $205K | $25K | 10x |
Aster GTCUSDT
Extended GTC-USD