Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.17 per $10,000 · paid last 24h +0.078%
Price spread now: KuCoin against Binance−0.106%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$879as in the Funding arb table
Net, price: spread back to 7d avg − costs−$916as in the Price arb table
costs, in and out, $10k−$9029.023% of the position
Funding, last 7 days+0.234%+$23 on $10k
+Price spread, last 7 days−0.002%$0 · spread now −0.106%, 7d avg +0.033%
=Funding pays, the price is against you. KuCoin is 0.139% cheaper against Binance than usual: you would sell low and buy high (spread −0.106% now, against its 7-day average of +0.033%). If the spread goes back, that is −$14 on $10k: about 14 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.234% in total) that is about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LAUSDT | 0.07532 | −0.0639 | get 0.0320% / 4h | 3h 10m | $4.7M | $9.5M | 25x |
| Short | KuCoin LAUSDTM | 0.07524 | −0.0606 | pay 0.0303% / 4h | 3h 10m | $1.0M | $82K | 30x |
Binance LAUSDT
KuCoin LAUSDTMFunding 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
- $6.99
- Price spread: −0.106% → +0.033%
- −$13.91
- Slippage, 4 orders
- −$880.26
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$909.18
- Costs to cover
- 9.023%
- Break-even
- 917.6 days
Slippage from Binance: live order book, 14 min ago; KuCoin: live order book, 4 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, 14 min ago | 0.67 bp | 15.3 bp −$15 | 48.7 bp −$487 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 8.63 bp | 461.9 bp −$462 | doesn't fit | doesn't fit | doesn't fit |
LA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0938% | 4h | 0.07524 | −0.106% | $243K | $827K | 50x | as long as short |
| Aster LAUSDT | −0.0749% | 4h | 0.07545 | +0.177% | $52K | $23K | 5x | as long as short |
| BloFin LA-USDT | −0.0653% | 4h | 0.07520 | −0.159% | $248K | $20K | 25x | as long as short |
| Binance LAUSDTlong | −0.0639% | 4h | 0.07532 | long leg | $4.7M | $9.5M | 25x | |
| Bitget LAUSDT | −0.0618% | 4h | 0.07526 | −0.080% | $2.1M | $534K | 25x | as long as short |
| MEXC LA_USDT | −0.0616% | 4h | 0.07533 | +0.013% | $399K | $140K | 50x | as long as short |
| KuCoin LAUSDTMshort | −0.0606% | 4h | 0.07524 | −0.106% | $1.0M | $82K | 30x | |
| BingX LA-USDT | −0.0564% | 4h | 0.07526 | −0.080% | — | $6.6M | — | as long as short |
| Bybit LAUSDT | −0.0156% | 4h | 0.07536 | +0.053% | $2.5M | $2.6M | 25x | as long as short |
| OKX LA-USDT-SWAP | −0.0089% | 4h | 0.07526 | −0.080% | $1.4M | $3.1M | 20x | as long as short |
Gate LA_USDT
Aster LAUSDT
BloFin LA-USDT
Bitget LAUSDT
MEXC LA_USDT
BingX LA-USDT
Bybit LAUSDT
OKX LA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07530 | −0.027% | $146K | $463K | 10x | as long as short |
GRVT LA_USDT_Perp