Funding arb · Price arb /

LYN

all LYN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.241%

Price spread now: KuCoin against Binance+0.296%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,742as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,610as in the Price arb table

costs, in and out, $10k−$1,63216.324% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−1.098%−$110 on $10k

Price spread, last 7 days−0.334%−$33 · spread now +0.296%, 7d avg +0.066%

Together, before fees−1.432%−$143 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.229% dearer against Binance than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of +0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LYNUSDT	0.04075	0.0100	pay 0.0050% / 4h	26m 17s	$6.4M	$8.5M	10x
Short	KuCoin LYNUSDTM	0.04087	0.0100	get 0.0050% / 4h	26m 17s	$1.2M	$155K	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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now +0.296%Rate

Funding earned: $0
Price spread: +0.296% → +0.066%: $22.93
Slippage, 4 orders: −$1,610.43
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,609.5
Costs to cover: 16.324%
Break-even: never at this rate

Slippage from Binance: live order book, 13 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, 13 min ago	6.21 bp	49.1 bp −$49	201.5 bp −$2,015	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	67.23 bp	533.2 bp −$533	doesn't fit	doesn't fit	doesn't fit

LYN on 10 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
Aster LYNUSDT	+0.0100%	4h	0.04081	+0.155%	$25K	$25K	5x	as long as short
Binance LYNUSDTlong	+0.0100%	4h	0.04075	long leg	$6.4M	$8.5M	10x
Gate LYN_USDT	+0.0100%	4h	0.04086	+0.271%	$281K	$232K	25x	as long as short
MEXC LYN_USDT	+0.0100%	4h	0.04073	−0.048%	$1.2M	$429K	50x	as long as short
KuCoin LYNUSDTMshort	+0.0100%	4h	0.04087	+0.296%	$1.2M	$155K	10x
Extended LYN-USD	+0.0104%	1h	0.04076	+0.015%	$5K	$162K	5x	as long as short
Bitget LYNUSDT	+0.0246%	4h	0.04094	+0.467%	$1.8M	$595K	10x	as long as short
BloFin LYN-USDT	+0.0340%	4h	0.04072	−0.073%	$411K	$12K	20x	as long as short
Bybit LYNUSDT	+0.0705%	4h	0.04079	+0.099%	$1.9M	$2.0M	25x	as long as short
BingX LYN-USDT	+0.0716%	4h	0.04081	+0.148%	—	$6.6M	—	as long as short