Funding you earn now, next payment 12:00 UTC−0.0709%/8h= −77.7% APRnext payment −$3.55 per $10,000 · paid last 24h −0.172%
Price spread now: Binance against KuCoin−0.244%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$437as in the Funding arb table
Net, price: spread back to 7d avg − costs−$439as in the Price arb table
costs, in and out, $10k−$4184.185% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 7 days+0.169%+$17 · spread now −0.244%, 7d avg −0.042%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Binance is 0.202% cheaper against KuCoin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.189% in total (about -9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.55 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 | KuCoin MARSCOINUSDTM | 0.1189 | 0.1342 | pay 0.0671% / 4h | 2h 58m | $1.6M | $2.8M | 20x |
| Short | Binance MARSCOINUSDT | 0.1186 | 0.0633 | get 0.0316% / 4h | 2h 58m | $27.7M | $70.4M | 20x |
Funding 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
- −$148.98
- Price spread: −0.244% → −0.042%
- −$20.23
- Slippage, 4 orders
- −$396.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$587.67
- Costs to cover
- 4.185%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Binance: live order book, 14 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, 8 min ago | 5.80 bp | 200.8 bp −$201 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 2.10 bp | 19.0 bp −$19 | 69.1 bp −$691 | doesn't fit | doesn't fit |
MARSCOIN on 12 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 MARSCOIN_USDT | +0.0100% | 4h | 0.1188 | −0.067% | $2.1M | $2.2M | 20x | as long as short |
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.1187 | −0.151% | — | $902K | 10x | as long as short |
| HTX MARSCOIN-USDT | +0.0100% | 4h | 0.1192 | +0.236% | $89K | $773K | 20x | as long as short |
| Phemex MARSCOINUSDT | +0.0100% | 4h | 0.1186 | −0.269% | $1.7M | $2.5M | 20x | as long as short |
| MEXC MARSCOIN_USDT | +0.0622% | 4h | 0.1188 | −0.093% | $3.5M | $1.4M | 20x | as long as short |
| Binance MARSCOINUSDTshort | +0.0633% | 4h | 0.1186 | −0.244% | $27.7M | $70.4M | 20x | |
| BingX MARSCOIN-USDT | +0.0646% | 4h | 0.1188 | −0.084% | — | $1.3M | — | as long as short |
| Bitget MARSCOINUSDT | +0.0672% | 4h | 0.1188 | −0.084% | $2.5M | $7.9M | 20x | as long as short |
| BloFin MARSCOIN-USDT | +0.0863% | 4h | 0.1186 | −0.286% | $1.4M | $452K | 20x | as long as short |
| Aster MARSCOINUSDT | +0.0927% | 4h | 0.1188 | −0.109% | $653K | $961K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MARSCOINUSDT | +0.0992% | 4h | 0.1186 | −0.244% | $8.5M | $15.7M | 20x | as long as short |
| KuCoin MARSCOINUSDTMlong | +0.1342% | 4h | 0.1189 | long leg | $1.6M | $2.8M | 20x |
KuCoin MARSCOINUSDTM
Binance MARSCOINUSDT
Gate MARSCOIN_USDT
SunX MARSCOIN-USDT
HTX MARSCOIN-USDT
Phemex MARSCOINUSDT
MEXC MARSCOIN_USDT
BingX MARSCOIN-USDT
Bitget MARSCOINUSDT
BloFin MARSCOIN-USDT
Aster MARSCOINUSDT
Bybit MARSCOINUSDT