Funding you earn now, next payment 08:00 UTC+0.2288%/8h= +250.5% APRnext payment +$11.44 per $10,000 · paid last 24h +0.149%
Price spread now: KuCoin against Binance+0.205%7-day average −0.325% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,113as in the Price arb table
costs, in and out, $10k−$1,16611.657% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)−0.553%−$55 · spread now +0.205%, 7d avg −0.325%
=Both sides work for this trade now. Funding pays +$69 a day on $10k at the current rate, and KuCoin is 0.530% dearer against Binance than usual: you sell high and buy low: +$53 more if the spread goes back to its 7-day average of −0.325%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.007% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.44 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 JCTUSDT | 0.001677 | 0.0336 | pay 0.0168% / 4h | 3h 30m | $5.2M | $2.1M | 20x |
| Short | KuCoin JCTUSDTM | 0.001680 | 0.2624 | get 0.1312% / 4h | 3h 30m | $406K | $56K | 20x |
Binance JCTUSDT
KuCoin JCTUSDTMFunding 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
- $480.49
- Price spread: +0.205% → −0.325%
- $53.04
- Slippage, 4 orders
- −$1,143.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$632.13
- Costs to cover
- 11.657%
- Break-even
- 16.2 days
Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 42 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, 7 min ago | 2.98 bp | 63.4 bp −$63 | 605.3 bp −$6,053 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 42 min ago | 21.20 bp | 517.0 bp −$517 | doesn't fit | doesn't fit | doesn't fit |
JCT on 8 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 JCTUSDT | +0.0100% | 4h | 0.001677 | −0.004% | $1.2M | $290K | 20x | as long as short |
| Bitget JCTUSDT | +0.0190% | 4h | 0.001674 | −0.182% | $2.2M | $151K | 10x | as long as short |
| Gate JCT_USDT | +0.0282% | 4h | 0.001677 | −0.004% | $322K | $71K | 20x | as long as short |
| BingX JCT-USDT | +0.0316% | 4h | 0.001678 | +0.056% | — | $1.3M | — | as long as short |
| MEXC JCT_USDT | +0.0330% | 4h | 0.001677 | −0.004% | $545K | $183K | 50x | as long as short |
| Binance JCTUSDTlong | +0.0336% | 4h | 0.001677 | long leg | $5.2M | $2.1M | 20x | |
| Aster JCTUSDT | +0.0968% | 4h | 0.001668 | −0.527% | $125K | $9K | 5x | as long as short |
| KuCoin JCTUSDTMshort | +0.2624% | 4h | 0.001680 | +0.205% | $406K | $56K | 20x |
Bybit JCTUSDT
Bitget JCTUSDT
Gate JCT_USDT
BingX JCT-USDT
MEXC JCT_USDT
Aster JCTUSDT