Funding you earn now, next payment 04:00 UTC−0.0780%/8h= −85.5% APRnext payment −$3.90 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance+0.103%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,019as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,017as in the Price arb table
costs, in and out, $10k−$1,01610.163% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now +0.103%, 7d avg +0.110%
=The price spread sits at its 7-day average of +0.110%, so right now this pair is about funding alone: −$23 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.024% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.90 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance INUSDT | 0.03873 | 0.0880 | pay 0.0440% / 4h | 25m 40s | $2.3M | $3.4M | 25x |
| Short | KuCoin INUSDTM | 0.03877 | 0.0100 | get 0.0050% / 4h | 25m 40s | $330K | $113K | 30x |
Binance INUSDT
KuCoin INUSDTMFunding 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
- −$163.88
- Price spread: +0.103% → +0.110%
- −$0.69
- Slippage, 4 orders
- −$994.27
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,180.85
- Costs to cover
- 10.163%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 56 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, 10 min ago | 2.65 bp | 42.9 bp −$43 | 233.9 bp −$2,339 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 56 min ago | 17.82 bp | 493.9 bp −$494 | doesn't fit | doesn't fit | doesn't fit |
IN on 9 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 INUSDT | +0.0100% | 4h | 0.03869 | −0.103% | $972K | $612K | 20x | as long as short |
| KuCoin INUSDTMshort | +0.0100% | 4h | 0.03877 | +0.103% | $330K | $113K | 30x | |
| Bitget INUSDT | +0.0100% | 4h | 0.03889 | +0.413% | $961K | $562K | 25x | as long as short |
| Variational Omni IN | +0.0100% | 4h | 0.03825 | −1.245% | $2K | $313 | — | as long as short |
| Gate IN_USDT | +0.0600% | 4h | 0.03875 | +0.052% | $268K | $259K | 50x | as long as short |
| Aster INUSDT | +0.0775% | 4h | 0.03833 | −1.021% | $141K | $13K | 5x | as long as short |
| BingX IN-USDT | +0.0846% | 4h | 0.03875 | +0.052% | — | $2.3M | — | as long as short |
| Binance INUSDTlong | +0.0880% | 4h | 0.03873 | long leg | $2.3M | $3.4M | 25x | |
| MEXC IN_USDT | +0.0892% | 4h | 0.03876 | +0.077% | $306K | $107K | 20x | as long as short |
Bybit INUSDT
Bitget INUSDT
Variational Omni IN
Gate IN_USDT
Aster INUSDT
BingX IN-USDT
MEXC IN_USDT