H

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.002%

Price spread now: KuCoin against Binance−0.202%7-day average −0.080% · you buy dearer than you sell

Net, funding: paid 7d − costs−$853as in the Funding arb table

Net, price: spread back to 7d avg − costs−$864as in the Price arb table

costs, in and out, $10k−$8528.517% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 7 days+0.185%+$19 · spread now −0.202%, 7d avg −0.080%

Together, before fees+0.169%+$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.122% cheaper against Binance than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.080%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance HUSDT	0.06699	0.0100	pay 0.0050% / 4h	1h 34m	$14.3M	$11.2M	10x
Short	KuCoin HUSDTM	0.06685	0.0042	get 0.0021% / 4h	1h 34m	$1.6M	$10.0M	8x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.202%Rate

Funding earned: −$12.18
Price spread: −0.202% → −0.080%: −$12.19
Slippage, 4 orders: −$829.71
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$876.08
Costs to cover: 8.517%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; KuCoin: 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 Binance live order book, 6 min ago	0.74 bp	26.7 bp −$27	315.9 bp −$3,159	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	5.23 bp	378.1 bp −$378	doesn't fit	doesn't fit	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−6.696%	$1K	$1	5.5x	as long as short
KuCoin HUSDTMshort	+0.0042%	4h	0.06685	−0.202%	$1.6M	$10.0M	8x
BloFin H-USDT	+0.0049%	4h	0.06720	+0.321%	$581K	$110K	25x	as long as short
Aster HUSDT	+0.0100%	4h	0.06700	+0.025%	$110K	$57K	5x	as long as short
Binance HUSDTlong	+0.0100%	4h	0.06699	long leg	$14.3M	$11.2M	10x
Bybit HUSDT	+0.0100%	4h	0.06683	−0.231%	$7.4M	$4.9M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06695	−0.052%	$1.8M	$6.1M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06688	−0.157%	$2.7M	$1.8M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06695	−0.052%	$6.0M	$1.1M	20x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06691	−0.112%	$1.7M	$463K	4x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.06690	−0.127%	—	$2.8M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06707	+0.122%	$7K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06707	+0.128%	$1.1M	$447K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06685	−0.199%	$10K	$101K	5x	as long as short