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−0.121%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$245as in the Price arb table
costs, in and out, $10k−$2442.437% of the position
Funding, last 7 days+0.272%+$27 on $10k
+Price spread, last 7 days+0.086%+$9 · spread now −0.121%, 7d avg −0.112%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NIGHTUSDTM | 0.02416 | 0.0100 | pay 0.0050% / 4h | 25m 21s | $1.4M | $5.2M | 50x |
| Short | Binance NIGHTUSDT | 0.02413 | 0.0100 | get 0.0050% / 4h | 25m 21s | $5.3M | $6.5M | 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
- $0
- Price spread: −0.121% → −0.112%
- −$0.89
- Slippage, 4 orders
- −$221.73
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$244.62
- Costs to cover
- 2.437%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 13 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, 2 min ago | 15.33 bp | 85.1 bp −$85 | 548.3 bp −$5,483 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.08 bp | 25.3 bp −$25 | 160.3 bp −$1,603 | doesn't fit | doesn't fit |
NIGHT on 15 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 NIGHT-PERP-INTX | −2.3328% | 1h | 0.02180 | −9.765% | $1K | — | 50x | as long as short |
| Injective NIGHT/USDC PERP | +0.0033% | 1h | 0.02435 | +0.781% | $1K | $58K | 5.5x | as long as short |
| Aster NIGHTUSDT | +0.0100% | 4h | 0.02413 | −0.134% | $27K | $35K | 10x | as long as short |
| Binance NIGHTUSDTshort | +0.0100% | 4h | 0.02413 | −0.121% | $5.3M | $6.5M | 50x | |
| Bybit NIGHTUSDT | +0.0100% | 4h | 0.02412 | −0.171% | $2.0M | $1.0M | 50x | as long as short |
| OKX NIGHT-USDT-SWAP | +0.0100% | 4h | 0.02411 | −0.209% | $1.6M | $1.9M | 20x | as long as short |
| Gate NIGHT_USDT | +0.0100% | 8h | 0.02411 | −0.213% | $222K | $199K | 20x | as long as short |
| KuCoin NIGHTUSDTMlong | +0.0100% | 4h | 0.02416 | long leg | $1.4M | $5.2M | 50x | |
| Bitget NIGHTUSDT | +0.0100% | 4h | 0.02414 | −0.089% | $646K | $393K | 25x | as long as short |
| SunX NIGHT-USDT | +0.0100% | 4h | 0.02413 | −0.130% | $2K | $1.9M | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX NIGHT-USDT | +0.0126% | 4h | 0.02413 | −0.130% | — | $6.6M | — | as long as short |
| BloFin NIGHT-USDT | +0.0152% | 4h | 0.02412 | −0.171% | $282K | $42K | 50x | as long as short |
| MEXC NIGHT_USDT | +0.0250% | 4h | 0.02413 | −0.130% | $780K | $460K | 100x | as long as short |
| Deribit NIGHT_USDC-PERPETUAL | +0.0579% | 1h | 0.02415 | −0.031% | $99 | $99 | 10x | as long as short |
| Kraken Futures PF_NIGHTUSD | +1.8845% | 1h | 0.02438 | +0.911% | $65K | $61K | 25x | as long as short |
KuCoin NIGHTUSDTM
Binance NIGHTUSDT
Coinbase International NIGHT-PERP-INTX
Injective NIGHT/USDC PERP
Aster NIGHTUSDT
Bybit NIGHTUSDT
OKX NIGHT-USDT-SWAP
Gate NIGHT_USDT
Bitget NIGHTUSDT
SunX NIGHT-USDT
BingX NIGHT-USDT
BloFin NIGHT-USDT
MEXC NIGHT_USDT
Deribit NIGHT_USDC-PERPETUAL
Kraken Futures PF_NIGHTUSD