Funding you earn now, next payment 12:00 UTC+0.0249%/8h= +27.3% APRnext payment +$1.25 per $10,000 · paid last 24h −0.014%
Price spread now: KuCoin against Binance+0.196%7-day average −0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,083as in the Funding arb table
Net, price: spread back to 7d avg − costs−$999as in the Price arb table
costs, in and out, $10k−$1,02810.283% of the position
Funding, last 7 days−0.552%−$55 on $10k
+Price spread, last 7 days−0.343%−$34 · spread now +0.196%, 7d avg −0.096%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.292% dearer against Binance than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.096%. Mind the row above: over the last 7 days funding on this pair cost −0.552%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OUSDT | 0.5614 | 0.0561 | pay 0.0280% / 4h | 3h 15m | $4.7M | $2.3M | 10x |
| Short | KuCoin OUSDTM | 0.5625 | 0.0810 | get 0.0405% / 4h | 3h 15m | $1.3M | $694K | 20x |
Binance OUSDT
KuCoin OUSDTMFunding 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
- $52.37
- Price spread: +0.196% → −0.096%
- $29.2
- Slippage, 4 orders
- −$1,006.32
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$946.74
- Costs to cover
- 10.283%
- Break-even
- 133.5 days
Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 9 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, 6 min ago | 3.56 bp | 33.5 bp −$33 | 430.2 bp −$4,302 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 7.12 bp | 227.1 bp −$227 | doesn't fit | doesn't fit | doesn't fit |
O 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni O | +0.0100% | 4h | 0.5614 | −0.006% | $3K | $518 | — | as long as short |
| Bitget OUSDT | +0.0290% | 4h | 0.5616 | +0.036% | $1.6M | $408K | 10x | as long as short |
| Aster OUSDT | +0.0353% | 4h | 0.5615 | +0.010% | $21K | $57K | 3x | as long as short |
| Binance OUSDTlong | +0.0561% | 4h | 0.5614 | long leg | $4.7M | $2.3M | 10x | |
| MEXC O_USDT | +0.0704% | 4h | 0.5625 | +0.196% | $974K | $192K | 50x | as long as short |
| OKX O-USDT-SWAP | +0.0706% | 4h | 0.5631 | +0.303% | $1.5M | $1.2M | 10x | as long as short |
| Gate O_USDT | +0.0742% | 4h | 0.5610 | −0.071% | $1.5M | $635K | 20x | as long as short |
| KuCoin OUSDTMshort | +0.0810% | 4h | 0.5625 | +0.196% | $1.3M | $694K | 20x | |
| Bybit OUSDT | +0.1289% | 4h | 0.5612 | −0.036% | $696K | $990K | 20x | as long as short |
| BloFin O-USDT | +0.1502% | 4h | 0.5610 | −0.071% | $241K | $6K | 20x | as long as short |
Variational Omni O
Bitget OUSDT
Aster OUSDT
MEXC O_USDT
OKX O-USDT-SWAP
Gate O_USDT
Bybit OUSDT
BloFin O-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX O-USDT | +0.1540% | 4h | 0.5616 | +0.036% | — | $1.7M | — | as long as short |
BingX O-USDT