Funding you earn now, next payment 00:00 UTC−0.0077%/8h= −8.5% APRnext payment −$0.39 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.021%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,636as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,639as in the Price arb table
costs, in and out, $10k−$1,64416.437% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now −0.021%, 7d avg −0.071%
=The price spread pays, funding is against you. KuCoin is 0.050% dearer against Binance than usual: you sell high and buy low (spread −0.021% now, against its 7-day average of −0.071%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.078%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KATUSDT | 0.004869 | 0.0177 | pay 0.0089% / 4h | 2h 26m | $2.3M | $3.2M | 25x |
| Short | KuCoin KATUSDTM | 0.004868 | 0.0100 | get 0.0050% / 4h | 2h 26m | $202K | $56K | 10x |
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
- −$16.22
- Price spread: −0.021% → −0.071%
- $5
- Slippage, 4 orders
- −$1,621.73
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,654.95
- Costs to cover
- 16.437%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 53 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 | 1.03 bp | 19.5 bp −$19 | 156.4 bp −$1,564 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 53 min ago | 16.45 bp | 794.1 bp −$794 | doesn't fit | doesn't fit | doesn't fit |
KAT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX KAT-USDT-SWAP | +0.0100% | 4h | 0.004864 | −0.103% | $841K | $1.4M | 20x | as long as short |
| Gate KAT_USDT | +0.0100% | 4h | 0.004850 | −0.390% | $213K | $124K | 50x | as long as short |
| KuCoin KATUSDTMshort | +0.0100% | 4h | 0.004868 | −0.021% | $202K | $56K | 10x | |
| Bitget KATUSDT | +0.0100% | 4h | 0.004864 | −0.103% | $512K | $205K | 20x | as long as short |
| SunX KAT-USDT | +0.0100% | 4h | 0.004860 | −0.185% | $1K | $1.0M | 20x | as long as short |
| Katana Perps KAT-USD | +0.0112% | 8h | 0.004869 | 0.000% | $1K | $2K | 5x | as long as short |
| Extended KAT-USD | +0.0176% | 1h | 0.004866 | −0.052% | $5K | $157K | 5x | as long as short |
| MEXC KAT_USDT | +0.0176% | 4h | 0.004867 | −0.041% | $270K | $117K | 20x | as long as short |
| Binance KATUSDTlong | +0.0177% | 4h | 0.004869 | long leg | $2.3M | $3.2M | 25x | |
| BloFin KAT-USDT | +0.0181% | 4h | 0.004857 | −0.246% | $127K | $16K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KAT-USDT | +0.0272% | 4h | 0.004866 | −0.062% | — | $1.7M | — | as long as short |
| Bybit KATUSDT | +0.0299% | 4h | 0.004869 | 0.000% | $809K | $302K | 25x | as long as short |
| Aster KATUSDT | +0.0395% | 4h | 0.004860 | −0.192% | $24K | $31K | 5x | as long as short |
Binance KATUSDT
KuCoin KATUSDTM
OKX KAT-USDT-SWAP
Gate KAT_USDT
Bitget KATUSDT
SunX KAT-USDT
Katana Perps KAT-USD
Extended KAT-USD
MEXC KAT_USDT
BloFin KAT-USDT
BingX KAT-USDT
Bybit KATUSDT
Aster KATUSDT