Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.036%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2562.556% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now −0.036%, 7d avg −0.030%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin METUSDTM | 0.2786 | 0.0100 | pay 0.0050% / 4h | 25m 59s | $1.3M | $2.6M | 50x |
| Short | Binance METUSDT | 0.2785 | 0.0100 | get 0.0050% / 4h | 25m 59s | $4.8M | $12.2M | 50x |
KuCoin METUSDTM
Binance METUSDTFunding 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
- $0
- Price spread: −0.036% → −0.030%
- −$0.61
- Slippage, 4 orders
- −$233.57
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$256.18
- Costs to cover
- 2.556%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 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, 6 min ago | 3.58 bp | 99.7 bp −$100 | 342.8 bp −$3,428 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 3.60 bp | 24.5 bp −$24 | 92.4 bp −$924 | doesn't fit | doesn't fit |
MET on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MET/USD [WBTC.b-USDC] | L −0.0498% / S +0.0175% | 1h | 0.2784 | −0.087% | $4K | — | 50x | as long as short |
| Phoenix MET | 0.0000% | 1h | 0.2789 | +0.101% | $14K | $15K | 5x | as long as short |
| Bybit METUSDT | +0.0078% | 4h | 0.2784 | −0.072% | $4.8M | $3.2M | 25x | as long as short |
| Lighter MET | +0.0096% | 1h | 0.2785 | −0.039% | $168K | $425K | 5x | as long as short |
| Hyperliquid MET | +0.0100% | 1h | 0.2786 | −0.004% | $3.8M | $1.7M | 3x | as long as short |
| Aster METUSDT | +0.0100% | 4h | 0.2787 | +0.027% | $52K | $11K | 5x | as long as short |
| Binance METUSDTshort | +0.0100% | 4h | 0.2785 | −0.036% | $4.8M | $12.2M | 50x | |
| OKX MET-USDT-SWAP | +0.0100% | 4h | 0.2785 | −0.036% | $1.2M | $3.3M | 20x | as long as short |
| Gate MET_USDT | +0.0100% | 4h | 0.2785 | −0.036% | $178K | $172K | 50x | as long as short |
| MEXC MET_USDT | +0.0100% | 4h | 0.2784 | −0.072% | $936K | $281K | 20x | as long as short |
GMX MET/USD [WBTC.b-USDC]
Phoenix MET
Bybit METUSDT
Lighter MET
Hyperliquid MET
Aster METUSDT
OKX MET-USDT-SWAP
Gate MET_USDT
MEXC MET_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin METUSDTMlong | +0.0100% | 4h | 0.2786 | long leg | $1.3M | $2.6M | 50x | |
| Bitget METUSDT | +0.0100% | 4h | 0.2788 | +0.072% | $652K | $866K | 25x | as long as short |
| Backpack MET_USDC_PERP | +0.0100% | 1h | 0.2786 | +0.011% | $317K | $309K | 5x | as long as short |
| ApeX Omni METUSDT | +0.0100% | 1h | 0.2787 | +0.036% | $36K | $118K | 50x | as long as short |
| SunX MET-USDT | +0.0100% | 4h | 0.2782 | −0.144% | $2K | $1.6M | 20x | as long as short |
| BloFin MET-USDT | +0.0137% | 4h | 0.2785 | −0.036% | $285K | $89K | 50x | as long as short |
Bitget METUSDT
Backpack MET_USDC_PERP
ApeX Omni METUSDT
SunX MET-USDT
BloFin MET-USDT