Funding you earn now, next payment 12:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.070%
Price spread now: KuCoin against Binance+0.160%7-day average −0.172% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,369as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,289as in the Price arb table
costs, in and out, $10k−$1,32213.218% of the position
Funding, last 7 days−0.469%−$47 on $10k
+Price spread, last 4 days (all we have)−0.262%−$26 · spread now +0.160%, 7d avg −0.172%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and KuCoin is 0.331% dearer against Binance than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −0.172%. Mind the row above: over the last 7 days funding on this pair cost −0.469%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance INXUSDT | 0.006259 | 0.0746 | pay 0.0373% / 4h | 2h 21m | $2.1M | $1.6M | 25x |
| Short | KuCoin INXUSDTM | 0.006269 | 0.0762 | get 0.0381% / 4h | 2h 21m | $294K | $50K | 20x |
Binance INXUSDT
KuCoin INXUSDTMFunding 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
- $3.28
- Price spread: +0.160% → −0.172%
- $33.14
- Slippage, 4 orders
- −$1,299.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,285.44
- Costs to cover
- 13.218%
- Break-even
- 2753.7 days
Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 21 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 | 1.60 bp | 52.4 bp −$52 | 342.4 bp −$3,424 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 21 min ago | 26.23 bp | 350.1 bp −$350 | doesn't fit | doesn't fit | doesn't fit |
INX on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International INX-PERP-INTX | −0.1336% | 1h | 0.006083 | −2.812% | $5K | $5K | 50x | as long as short |
| Bitget INXUSDT | +0.0100% | 4h | 0.006251 | −0.128% | $387K | $119K | 25x | as long as short |
| Gate INX_USDT | +0.0458% | 4h | 0.006240 | −0.304% | $1.6M | $66K | 25x | as long as short |
| Deribit INX_USDC-PERPETUAL | +0.0550% | 1h | 0.006257 | −0.032% | $57K | $21K | 10x | as long as short |
| BingX INX-USDT | +0.0704% | 4h | 0.006265 | +0.096% | — | $6.5M | — | as long as short |
| Bybit INXUSDT | +0.0705% | 4h | 0.006267 | +0.128% | $806K | $385K | 13x | as long as short |
| Extended INX-USD | +0.0744% | 1h | 0.006264 | +0.081% | $1K | $203K | 5x | as long as short |
| MEXC INX_USDT | +0.0746% | 4h | 0.006261 | +0.032% | $980K | $222K | 50x | as long as short |
| Binance INXUSDTlong | +0.0746% | 4h | 0.006259 | long leg | $2.1M | $1.6M | 25x | |
| KuCoin INXUSDTMshort | +0.0762% | 4h | 0.006269 | +0.160% | $294K | $50K | 20x |
Coinbase International INX-PERP-INTX
Bitget INXUSDT
Gate INX_USDT
Deribit INX_USDC-PERPETUAL
BingX INX-USDT
Bybit INXUSDT
Extended INX-USD
MEXC INX_USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster INXUSDT | +0.0999% | 4h | 0.006248 | −0.181% | $20K | $15K | 5x | as long as short |
Aster INXUSDT