Funding you earn now, next payment 12:00 UTC+0.0202%/8h= +22.1% APRnext payment +$1.01 per $10,000 · paid last 24h −0.009%
Price spread now: Binance against KuCoin−0.159%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,035as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,095as in the Price arb table
costs, in and out, $10k−$1,08410.835% of the position
Funding, last 7 days+0.480%+$48 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now −0.159%, 7d avg −0.043%
=Funding pays, the price is against you. Binance is 0.117% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.159% now, against its 7-day average of −0.043%). If the spread goes back, that is −$12 on $10k: about 46 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IDOLUSDTM | 0.01255 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $751K | $29K | 25x |
| Short | Binance IDOLUSDT | 0.01253 | 0.0302 | get 0.0151% / 4h | 1h 30m | $6.3M | $1.8M | 25x |
Funding 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
- $42.37
- Price spread: −0.159% → −0.043%
- −$11.66
- Slippage, 4 orders
- −$1,061.52
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,052.81
- Costs to cover
- 10.835%
- Break-even
- 180.9 days
Slippage from KuCoin: live order book, 6 min ago; Binance: live order book, 16 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, 6 min ago | 15.90 bp | 332.0 bp −$332 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 7.92 bp | 44.7 bp −$45 | 260.4 bp −$2,604 | doesn't fit | doesn't fit |
IDOL on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate IDOL_USDT | +0.0100% | 4h | 0.01251 | −0.295% | $643K | $72K | 10x | as long as short |
| KuCoin IDOLUSDTMlong | +0.0100% | 4h | 0.01255 | long leg | $751K | $29K | 25x | |
| Bitget IDOLUSDT | +0.0100% | 4h | 0.01250 | −0.398% | $2.6M | $133K | 10x | as long as short |
| Variational Omni IDOL | +0.0100% | 4h | 0.01257 | +0.174% | $3K | $251 | — | as long as short |
| Aster IDOLUSDT | +0.0205% | 4h | 0.01254 | −0.080% | $144K | $3K | 5x | as long as short |
| MEXC IDOL_USDT | +0.0300% | 4h | 0.01253 | −0.159% | $93K | $89K | 50x | as long as short |
| Binance IDOLUSDTshort | +0.0302% | 4h | 0.01253 | −0.159% | $6.3M | $1.8M | 25x | |
| BingX IDOL-USDT | +0.0318% | 4h | 0.01253 | −0.159% | — | $2.3M | — | as long as short |
KuCoin IDOLUSDTM
Binance IDOLUSDT
Gate IDOL_USDT
Bitget IDOLUSDT
Variational Omni IDOL
Aster IDOLUSDT
MEXC IDOL_USDT
BingX IDOL-USDT