Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.045%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$583as in the Funding arb table
Net, price: spread back to 7d avg − costs−$594as in the Price arb table
costs, in and out, $10k−$5875.866% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.045%, 7d avg +0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.071% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MEGAUSDT | 0.04430 | 0.0100 | pay 0.0050% / 4h | 2h 49m | $4.0M | $12.7M | 50x |
| Short | KuCoin MEGAUSDTM | 0.04428 | 0.0100 | get 0.0050% / 4h | 2h 49m | $228K | $112K | 50x |
Binance MEGAUSDT
KuCoin MEGAUSDTMFunding 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
- $0
- Price spread: −0.045% → +0.026%
- −$7.08
- Slippage, 4 orders
- −$564.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$593.66
- Costs to cover
- 5.866%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 30 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, 6 min ago | 2.25 bp | 21.2 bp −$21 | 122.4 bp −$1,224 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 30 min ago | 12.32 bp | 242.1 bp −$242 | doesn't fit | doesn't fit | doesn't fit |
MEGA on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0288% | 1h | 0.04400 | −0.670% | $5K | $11K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04429 | −0.025% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04441 | +0.248% | $20K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0063% | 1h | 0.04433 | +0.079% | $191K | $152K | 2x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0097% | 4h | 0.04429 | −0.023% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04429 | −0.021% | $19K | $79K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04431 | +0.029% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDTlong | +0.0100% | 4h | 0.04430 | long leg | $4.0M | $12.7M | 50x | |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04427 | −0.068% | $3.4M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04427 | −0.068% | $907K | $2.8M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04450 | +0.451% | $131K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04428 | −0.045% | $189K | $310K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04429 | −0.023% | $781K | $350K | 50x | as long as short |
| KuCoin MEGAUSDTMshort | +0.0100% | 4h | 0.04428 | −0.045% | $228K | $112K | 50x | |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04431 | +0.023% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04427 | −0.068% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04433 | +0.068% | $15K | $40K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04427 | −0.079% | $236K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04452 | +0.493% | $27K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04436 | +0.135% | $24K | $229K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04431 | +0.023% | $1K | $1.9M | 10x | as long as short |
| BloFin MEGA-USDT | +0.0102% | 4h | 0.04440 | +0.226% | $198K | $76K | 50x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04429 | −0.019% | $126K | $613K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04433 | +0.059% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0235% / S −0.5353% | 1h | 0.04429 | −0.029% | $3K | — | 45x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1240% | 1h | 0.04436 | +0.129% | $107 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.1405% | 1h | 0.04442 | +0.282% | $7.6M | $2.3M | 3x | as long as short |
| Lighter MEGA | +0.1544% | 1h | 0.04450 | +0.451% | $598K | $299K | 3x | as long as short |
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
BloFin MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Deribit MEGA_USDC-PERPETUAL
Hyperliquid MEGA
Lighter MEGA