Funding you earn now, next payment 12:00 UTC+0.0516%/8h= +56.5% APRnext payment +$2.58 per $10,000 · paid last 24h +0.113%
Price spread now: KuCoin against Binance+0.038%7-day average −0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,184as in the Price arb table
costs, in and out, $10k−$1,19711.965% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 7 days−0.057%−$6 · spread now +0.038%, 7d avg −0.084%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and KuCoin is 0.122% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.084%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.58 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 JELLYJELLYUSDT | 0.05639 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $4.4M | $1.7M | 25x |
| Short | KuCoin JELLYJELLYUSDTM | 0.05642 | 0.0616 | get 0.0308% / 4h | 3h 41m | $8.2M | $1.2M | 20x |
Funding 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
- $108.36
- Price spread: +0.038% → −0.084%
- $12.24
- Slippage, 4 orders
- −$1,174.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,075.92
- Costs to cover
- 11.965%
- Break-even
- 76.5 days
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 7 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, 11 min ago | 3.55 bp | 47.7 bp −$48 | 385.8 bp −$3,858 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 15.25 bp | 610.3 bp −$610 | 902.4 bp −$9,024 | doesn't fit | doesn't fit |
JELLYJELLY 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin JELLYJELLY-USDT | +0.0073% | 4h | 0.05677 | +0.666% | $270K | $19K | 20x | as long as short |
| Aster JELLYJELLYUSDT | +0.0100% | 4h | 0.05633 | −0.114% | $36K | $12K | 5x | as long as short |
| Binance JELLYJELLYUSDTlong | +0.0100% | 4h | 0.05639 | long leg | $4.4M | $1.7M | 25x | |
| Bybit JELLYJELLYUSDT | +0.0100% | 4h | 0.05636 | −0.061% | $2.4M | $1.1M | 20x | as long as short |
| OKX JELLYJELLY-USDT-SWAP | +0.0100% | 4h | 0.05629 | −0.185% | $1.3M | $431K | 10x | as long as short |
| Gate JELLYJELLY_USDT | +0.0100% | 4h | 0.05632 | −0.132% | $2.4M | $122K | 20x | as long as short |
| MEXC JELLYJELLY_USDT | +0.0100% | 4h | 0.05639 | −0.008% | $429K | $146K | 20x | as long as short |
| Extended JELLYJELLY-USD | +0.0104% | 1h | 0.05641 | +0.036% | $3K | $239K | 5x | as long as short |
| KuCoin JELLYJELLYUSDTMshort | +0.0616% | 4h | 0.05642 | +0.038% | $8.2M | $1.2M | 20x |
Binance JELLYJELLYUSDT
KuCoin JELLYJELLYUSDTM
BloFin JELLYJELLY-USDT
Aster JELLYJELLYUSDT
Bybit JELLYJELLYUSDT
OKX JELLYJELLY-USDT-SWAP
Gate JELLYJELLY_USDT
MEXC JELLYJELLY_USDT
Extended JELLYJELLY-USD