Funding you earn now, next payment 08:00 UTC−0.0542%/8h= −59.3% APRnext payment −$2.71 per $10,000 · paid last 24h −0.148%
Price spread now: KuCoin against Binance+0.186%7-day average −0.335% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,453as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,361as in the Price arb table
costs, in and out, $10k−$1,41314.133% of the position
Funding, last 7 days−0.397%−$40 on $10k
+Price spread, last 4 days (all we have)−0.630%−$63 · spread now +0.186%, 7d avg −0.335%
=The price spread pays, funding is against you. KuCoin is 0.522% dearer against Binance than usual: you sell high and buy low (spread +0.186% now, against its 7-day average of −0.335%): +$52 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 3.2 days. At the pace of the last 7 days (−0.397% in total) that is about 9.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NAORISUSDT | 0.03760 | 0.0642 | pay 0.0321% / 4h | 3h 51m | $5.0M | $1.2M | 10x |
| Short | KuCoin NAORISUSDTM | 0.03767 | 0.0100 | get 0.0050% / 4h | 3h 51m | $444K | $28K | 10x |
Binance NAORISUSDT
KuCoin NAORISUSDTMFunding 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
- −$113.82
- Price spread: +0.186% → −0.335%
- $52.17
- Slippage, 4 orders
- −$1,391.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,474.96
- Costs to cover
- 14.133%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; KuCoin: live order book, 21 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, 16 min ago | 3.99 bp | 74.1 bp −$74 | 480.1 bp −$4,801 | 9325.1 bp −$932.5K | doesn't fit |
| Sell KuCoin live order book, 21 min ago | 26.62 bp | 604.7 bp −$605 | doesn't fit | doesn't fit | doesn't fit |
NAORIS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NAORISUSDT | +0.0100% | 4h | 0.03750 | −0.266% | $1.1M | $450K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03753 | −0.186% | $293K | $14K | 20x | as long as short |
| KuCoin NAORISUSDTMshort | +0.0100% | 4h | 0.03767 | +0.186% | $444K | $28K | 10x | |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03767 | +0.186% | $3.4M | $219K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03764 | +0.102% | $77K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0414% | 4h | 0.03757 | −0.080% | $5K | $5K | 5x | as long as short |
| BingX NAORIS-USDT | +0.0618% | 4h | 0.03758 | −0.053% | — | $1.3M | — | as long as short |
| MEXC NAORIS_USDT | +0.0638% | 4h | 0.03751 | −0.239% | $4.4M | $215K | 100x | as long as short |
| Extended NAORIS-USD | +0.0640% | 1h | 0.03759 | −0.026% | $5K | $104K | 5x | as long as short |
| Binance NAORISUSDTlong | +0.0642% | 4h | 0.03760 | long leg | $5.0M | $1.2M | 10x |
Bybit NAORISUSDT
Gate NAORIS_USDT
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
BingX NAORIS-USDT
MEXC NAORIS_USDT
Extended NAORIS-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NAORIS-USDT | +0.0686% | 4h | 0.03763 | +0.080% | $289K | $11K | 10x | as long as short |
BloFin NAORIS-USDT