Funding you earn now, next payment 04:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.66 per $10,000 · paid last 24h +0.067%
Price spread now: Binance against KuCoin−0.063%7-day average +0.152% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,250as in the Price arb table
costs, in and out, $10k−$1,22812.280% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.055%−$5 · spread now −0.063%, 7d avg +0.152%
=Funding pays, the price is against you. Binance is 0.215% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of +0.152%). If the spread goes back, that is −$22 on $10k: about 5.4 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.059% in total) that is about 26 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GWEIUSDTM | 0.02364 | 0.0100 | pay 0.0050% / 4h | 46m 29s | $464K | $24K | 20x |
| Short | Binance GWEIUSDT | 0.02363 | 0.0232 | get 0.0116% / 4h | 46m 29s | $2.6M | $3.2M | 50x |
KuCoin GWEIUSDTM
Binance GWEIUSDTFunding 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
- $27.73
- Price spread: −0.063% → +0.152%
- −$21.54
- Slippage, 4 orders
- −$1,206.01
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,221.81
- Costs to cover
- 12.280%
- Break-even
- 315.4 days
Slippage from KuCoin: live order book, 36 min ago; Binance: live order book, 4 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, 36 min ago | 23.21 bp | 809.8 bp −$810 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.11 bp | 20.9 bp −$21 | 123.2 bp −$1,232 | doesn't fit | doesn't fit |
GWEI on 11 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 GWEIUSDT | +0.0100% | 4h | 0.02367 | +0.106% | $395K | $180K | 25x | as long as short |
| KuCoin GWEIUSDTMlong | +0.0100% | 4h | 0.02364 | long leg | $464K | $24K | 20x | |
| Variational Omni GWEI | +0.0100% | 4h | 0.02376 | +0.469% | $4K | $55 | — | as long as short |
| Bitget GWEIUSDT | +0.0158% | 4h | 0.02363 | −0.063% | $1.9M | $284K | 20x | as long as short |
| BloFin GWEI-USDT | +0.0221% | 4h | 0.02367 | +0.106% | $184K | $34K | 50x | as long as short |
| Extended GWEI-USD | +0.0232% | 1h | 0.02363 | −0.048% | $6K | $126K | 5x | as long as short |
| MEXC GWEI_USDT | +0.0232% | 4h | 0.02363 | −0.063% | $117K | $86K | 20x | as long as short |
| Binance GWEIUSDTshort | +0.0232% | 4h | 0.02363 | −0.063% | $2.6M | $3.2M | 50x | |
| BingX GWEI-USDT | +0.0256% | 4h | 0.02363 | −0.063% | — | $1.6M | — | as long as short |
| Gate GWEI_USDT | +0.1132% | 4h | 0.02363 | −0.059% | $397K | $440K | 10x | as long as short |
Bybit GWEIUSDT
Variational Omni GWEI
Bitget GWEIUSDT
BloFin GWEI-USDT
Extended GWEI-USD
MEXC GWEI_USDT
BingX GWEI-USDT
Gate GWEI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1390% | 4h | 0.02364 | −0.035% | $18K | $22K | 10x | as long as short |
Aster GWEIUSDT