Funding you earn now, next payment 04:00 UTC+0.1144%/8h= +125.3% APRnext payment +$5.72 per $10,000 · paid last 24h +0.083%
Price spread now: KuCoin against Binance−0.010%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$401as in the Funding arb table
Net, price: spread back to 7d avg − costs−$407as in the Price arb table
costs, in and out, $10k−$4044.039% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.010%, 7d avg +0.025%
=Funding pays, the price is against you. KuCoin is 0.035% cheaper against Binance than usual: you would sell low and buy high (spread −0.010% now, against its 7-day average of +0.025%). If the spread goes back, that is −$4 on $10k: about 2 hours of funding at the current rate (+$34 a day). At the pace of the last 7 days (+0.028% in total) that is about 8.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.028% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.72 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 | Binance 1000000MOGUSDT | 0.0000001202 | 0.0100 | pay 0.0050% / 4h | 3h 37m | $1.1M | $3.8M | 50x |
| Short | KuCoin 1000000MOGUSDTM | 0.0000001202 | 0.1244 | get 0.0622% / 4h | 3h 37m | $665K | $148K | 30x |
Binance 1000000MOGUSDT
KuCoin 1000000MOGUSDTMFunding 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
- $240.24
- Price spread: −0.010% → +0.025%
- −$3.53
- Slippage, 4 orders
- −$381.94
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$167.24
- Costs to cover
- 4.039%
- Break-even
- 11.9 days
Slippage from Binance: live order book, 14 min ago; KuCoin: live order book, 16 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, 14 min ago | 4.17 bp | 33.6 bp −$34 | 262.3 bp −$2,623 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 16 min ago | 12.48 bp | 140.4 bp −$140 | doesn't fit | doesn't fit | doesn't fit |
MOG 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000000MOGUSDTlong | +0.0100% | 4h | 0.0000001202 | long leg | $1.1M | $3.8M | 50x | |
| Bybit 1000000MOGUSDT | +0.0100% | 4h | 0.0000001206 | +0.322% | $1.7M | $2.3M | 50x | as long as short |
| Gate MOG_USDT | +0.0100% | 4h | 0.0000001202 | −0.010% | $439K | $337K | 25x | as long as short |
| MEXC 1000000MOG_USDT | +0.0100% | 4h | 0.0000001201 | −0.094% | $714K | $212K | 100x | as long as short |
| Bitget 1000000MOGUSDT | +0.0100% | 4h | 0.0000001200 | −0.177% | $337K | $161K | 50x | as long as short |
| Variational Omni 1000000MOG | +0.0100% | 4h | 0.0000001203 | +0.057% | $4K | $11K | — | as long as short |
| BloFin 1000000MOG-USDT | +0.0145% | 4h | 0.0000001200 | −0.177% | $75K | $15K | 50x | as long as short |
| BingX 1000000MOG-USDT | +0.0200% | 4h | 0.0000001202 | −0.010% | — | $1.4M | — | as long as short |
| Kraken Futures PF_MOGUSD | +0.0650% | 1h | 0.0000001200 | −0.193% | $48K | $41K | 10x | as long as short |
| KuCoin 1000000MOGUSDTMshort | +0.1244% | 4h | 0.0000001202 | −0.010% | $665K | $148K | 30x |
Bybit 1000000MOGUSDT
Gate MOG_USDT
MEXC 1000000MOG_USDT
Bitget 1000000MOGUSDT
Variational Omni 1000000MOG
BloFin 1000000MOG-USDT
BingX 1000000MOG-USDT
Kraken Futures PF_MOGUSDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International 1000MOG-PERP-INTX | +0.2208% | 1h | 0.0000001205 | +0.239% | $66K | $10K | 25x | as long as short |
| Deribit 1000MOG_USDC-PERPETUAL | +0.6417% | 1h | 0.0000001208 | +0.489% | $32K | $30K | 10x | as long as short |
Coinbase International 1000MOG-PERP-INTX
Deribit 1000MOG_USDC-PERPETUAL