Funding you earn now, next payment 08:00 UTC−0.0554%/8h= −60.7% APRnext payment −$2.77 per $10,000 · paid last 24h −0.135%
Price spread now: Binance against KuCoin−0.330%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$529as in the Funding arb table
Net, price: spread back to 7d avg − costs−$552as in the Price arb table
costs, in and out, $10k−$5215.210% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 4 days (all we have)+0.274%+$27 · spread now −0.330%, 7d avg −0.023%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Binance is 0.307% cheaper against KuCoin than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.080% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.77 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 1000000MOGUSDTM | 0.0000001211 | 0.0654 | pay 0.0327% / 4h | 2h 54m | $665K | $157K | 30x |
| Short | Binance 1000000MOGUSDT | 0.0000001207 | 0.0100 | get 0.0050% / 4h | 2h 54m | $1.2M | $4.1M | 50x |
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
- −$116.34
- Price spread: −0.330% → −0.023%
- −$30.69
- Slippage, 4 orders
- −$499
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$668.03
- Costs to cover
- 5.210%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 12 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, 5 min ago | 16.60 bp | 171.0 bp −$171 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 8.24 bp | 34.8 bp −$35 | 182.4 bp −$1,824 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit 1000MOG_USDC-PERPETUAL | −0.3858% | 1h | 0.0000001212 | +0.083% | $32K | $30K | 10x | as long as short |
| BloFin 1000000MOG-USDT | +0.0067% | 4h | 0.0000001211 | 0.000% | $78K | $21K | 50x | as long as short |
| Binance 1000000MOGUSDTshort | +0.0100% | 4h | 0.0000001207 | −0.330% | $1.2M | $4.1M | 50x | |
| Bybit 1000000MOGUSDT | +0.0100% | 4h | 0.0000001209 | −0.165% | $1.7M | $2.4M | 50x | as long as short |
| Gate MOG_USDT | +0.0100% | 4h | 0.0000001208 | −0.248% | $445K | $347K | 25x | as long as short |
| MEXC 1000000MOG_USDT | +0.0100% | 4h | 0.0000001207 | −0.330% | $716K | $223K | 100x | as long as short |
| Bitget 1000000MOGUSDT | +0.0100% | 4h | 0.0000001206 | −0.413% | $339K | $169K | 50x | as long as short |
| Variational Omni 1000000MOG | +0.0100% | 4h | 0.0000001211 | +0.024% | $6K | $14K | — | as long as short |
| BingX 1000000MOG-USDT | +0.0200% | 4h | 0.0000001210 | −0.083% | — | $1.4M | — | as long as short |
| KuCoin 1000000MOGUSDTMlong | +0.0654% | 4h | 0.0000001211 | long leg | $665K | $157K | 30x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MOGUSD | +0.0690% | 1h | 0.0000001207 | −0.372% | $48K | $41K | 10x | as long as short |
| Coinbase International 1000MOG-PERP-INTX | +0.0792% | 1h | 0.0000001221 | +0.826% | $67K | $10K | 25x | as long as short |
KuCoin 1000000MOGUSDTM
Binance 1000000MOGUSDT
Deribit 1000MOG_USDC-PERPETUAL
BloFin 1000000MOG-USDT
Bybit 1000000MOGUSDT
Gate MOG_USDT
MEXC 1000000MOG_USDT
Bitget 1000000MOGUSDT
Variational Omni 1000000MOG
BingX 1000000MOG-USDT
Kraken Futures PF_MOGUSD
Coinbase International 1000MOG-PERP-INTX