Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance+0.064%7-day average +0.240% · you sell dearer than you buy
Net, funding: paid 7d − costs−$444as in the Funding arb table
Net, price: spread back to 7d avg − costs−$495as in the Price arb table
costs, in and out, $10k−$4784.777% of the position
Funding, last 7 days+0.335%+$33 on $10k
+Price spread, last 4 days (all we have)+0.307%+$31 · spread now +0.064%, 7d avg +0.240%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.175% cheaper against Binance than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.240%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ILVUSDT | 3.7386 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $1.4M | $1.6M | 50x |
| Short | KuCoin ILVUSDTM | 3.7410 | 0.0100 | get 0.0050% / 4h | 3h 56m | $338K | $82K | 30x |
Binance ILVUSDT
KuCoin ILVUSDTMFunding 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 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: +0.064% → +0.240%
- −$17.54
- Slippage, 4 orders
- −$455.67
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$495.21
- Costs to cover
- 4.777%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 36 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 | 2.68 bp | 25.6 bp −$26 | 212.1 bp −$2,121 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 36 min ago | 17.40 bp | 221.4 bp −$221 | doesn't fit | doesn't fit | doesn't fit |
ILV on 10 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 ILV/USDC PERP | −0.0618% | 1h | 3.7220 | −0.444% | $2K | $102 | 5.5x | as long as short |
| BloFin ILV-USDT | +0.0054% | 4h | 3.7390 | +0.011% | $93K | $52K | 50x | as long as short |
| Binance ILVUSDTlong | +0.0100% | 4h | 3.7386 | long leg | $1.4M | $1.6M | 50x | |
| Bybit ILVUSDT | +0.0100% | 4h | 3.7400 | +0.038% | $528K | $237K | 50x | as long as short |
| Gate ILV_USDT | +0.0100% | 8h | 3.7360 | −0.069% | $58K | $53K | 20x | as long as short |
| MEXC ILV_USDT | +0.0100% | 4h | 3.7370 | −0.043% | $743K | $180K | 50x | as long as short |
| KuCoin ILVUSDTMshort | +0.0100% | 4h | 3.7410 | +0.064% | $338K | $82K | 30x | |
| Bitget ILVUSDT | +0.0100% | 4h | 3.7320 | −0.176% | $133K | $130K | 50x | as long as short |
| BingX ILV-USDT | +0.0100% | 4h | 3.7400 | +0.038% | — | $6.5M | — | as long as short |
| Variational Omni ILV | +0.0100% | 4h | 3.7395 | +0.024% | $6K | $1 | — | as long as short |
Injective ILV/USDC PERP
BloFin ILV-USDT
Bybit ILVUSDT
Gate ILV_USDT
MEXC ILV_USDT
Bitget ILVUSDT
BingX ILV-USDT
Variational Omni ILV