Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against KuCoin+0.323%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$646as in the Funding arb table
Net, price: spread back to 7d avg − costs−$617as in the Price arb table
costs, in and out, $10k−$6426.423% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 7 days−0.330%−$33 · spread now +0.323%, 7d avg +0.067%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.256% dearer against KuCoin than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of +0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IDUSDTM | 0.03773 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $1.1M | $63K | 30x |
| Short | Binance IDUSDT | 0.03785 | 0.0100 | get 0.0050% / 4h | 2h 20m | $2.4M | $3.8M | 50x |
KuCoin IDUSDTM
Binance IDUSDTFunding 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
- $0
- Price spread: +0.323% → +0.067%
- $25.62
- Slippage, 4 orders
- −$620.33
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$616.71
- Costs to cover
- 6.423%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 1 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, 4 min ago | 9.31 bp | 152.2 bp −$152 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 1.32 bp | 17.4 bp −$17 | 75.6 bp −$756 | doesn't fit | doesn't fit |
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ID-USDT | +0.0086% | 4h | 0.03769 | −0.106% | $155K | $15K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03779 | +0.159% | $9K | $2K | 5x | as long as short |
| Binance IDUSDTshort | +0.0100% | 4h | 0.03785 | +0.323% | $2.4M | $3.8M | 50x | |
| Bybit IDUSDT | +0.0100% | 8h | 0.03783 | +0.265% | $1.4M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03778 | +0.133% | $251K | $218K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03784 | +0.292% | $374K | $215K | 20x | as long as short |
| KuCoin IDUSDTMlong | +0.0100% | 4h | 0.03773 | long leg | $1.1M | $63K | 30x | |
| Bitget IDUSDT | +0.0100% | 4h | 0.03787 | +0.371% | $806K | $623K | 50x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03768 | −0.123% | $12K | $20K | — | as long as short |
| BingX ID-USDT | +0.0200% | 4h | 0.03778 | +0.133% | — | $2.3M | — | as long as short |
BloFin ID-USDT
Aster IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
Bitget IDUSDT
Variational Omni ID
BingX ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0282% | 1h | 0.03768 | −0.135% | $4K | $5K | 10x | as long as short |
Kraken Futures PF_IDUSD