Funding you earn now, next payment 00:00 UTC+0.0236%/8h= +25.8% APRnext payment +$1.18 per $10,000 · paid last 24h −0.082%
Price spread now: Binance against KuCoin−0.015%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$677as in the Funding arb table
Net, price: spread back to 7d avg − costs−$648as in the Price arb table
costs, in and out, $10k−$6506.501% of the position
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now −0.015%, 7d avg −0.036%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.021% dearer against KuCoin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.036%. Mind the row above: over the last 7 days funding on this pair cost −0.267%, 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 | KuCoin LAUSDTM | 0.07421 | −0.0218 | get 0.0109% / 4h | 2h 30m | $1.0M | $58K | 30x |
| Short | Binance LAUSDT | 0.07420 | 0.0018 | get 0.0009% / 4h | 2h 30m | $4.7M | $8.3M | 25x |
KuCoin LAUSDTM
Binance LAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $49.53
- Price spread: −0.015% → −0.036%
- $2.14
- Slippage, 4 orders
- −$628.08
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$598.41
- Costs to cover
- 6.501%
- Break-even
- 91.6 days
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 9 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 KuCoin live order book, 4 min ago | 12.79 bp | 183.1 bp −$183 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.67 bp | 13.6 bp −$14 | 41.1 bp −$411 | 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 | −0.0616% | 4h | 0.07417 | −0.054% | $245K | $793K | 50x | as long as short |
| KuCoin LAUSDTMlong | −0.0218% | 4h | 0.07421 | long leg | $1.0M | $58K | 30x | |
| BingX LA-USDT | −0.0202% | 4h | 0.07420 | −0.013% | — | $6.6M | — | as long as short |
| OKX LA-USDT-SWAP | −0.0190% | 4h | 0.07421 | 0.000% | $1.3M | $2.8M | 20x | as long as short |
| Bitget LAUSDT | −0.0140% | 4h | 0.07415 | −0.081% | $2.0M | $521K | 25x | as long as short |
| Aster LAUSDT | +0.0007% | 4h | 0.07416 | −0.067% | $52K | $8K | 5x | as long as short |
| MEXC LA_USDT | +0.0016% | 4h | 0.07419 | −0.027% | $399K | $138K | 50x | as long as short |
| Binance LAUSDTshort | +0.0018% | 4h | 0.07420 | −0.015% | $4.7M | $8.3M | 25x | |
| BloFin LA-USDT | +0.0077% | 4h | 0.07427 | +0.081% | $251K | $19K | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07425 | +0.054% | $2.4M | $2.3M | 25x | as long as short |
Gate LA_USDT
BingX LA-USDT
OKX LA-USDT-SWAP
Bitget LAUSDT
Aster LAUSDT
MEXC LA_USDT
BloFin LA-USDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07422 | +0.007% | $143K | $470K | 10x | as long as short |
GRVT LA_USDT_Perp