Settings8H · net · $10k
Funding arb · Price arb /

ON

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.468%7-day average −0.316% · you buy dearer than you sell
Net, funding: paid 7d − costs−$946as in the Funding arb table
Net, price: spread back to 7d avg − costs−$943as in the Price arb table
costs, in and out, $10k−$9279.272% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.191%−$19 on $10k
Price spread, last 7 days+0.439%+$44 · spread now −0.468%, 7d avg −0.316%
Together, before fees+0.248%+$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.153% cheaper against Binance than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.316%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ONUSDT0.13790.0100pay 0.0050% / 4h2m 06s$6.0M$3.9M50x
ShortKuCoin ONUSDTM0.13730.0100get 0.0050% / 4h2m 06s$756K$52K50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.468% → −0.316%
−$15.28
Slippage, 4 orders
−$905.23
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$942.52
Costs to cover
9.272%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 62 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 6 min ago3.66 bp44.7 bp −$45262.0 bp −$2,620doesn't fitdoesn't fit
Sell KuCoin live order book, 62 min ago19.48 bp423.2 bp −$423doesn't fitdoesn't fitdoesn't fit

ON on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ONUSDC+0.0094%4h0.1369−0.748%$8K$134K10xas long as short
Binance ONUSDTlong+0.0100%4h0.1379long leg$6.0M$3.9M50x
Gate ON_USDT+0.0100%4h0.1376−0.265%$307K$33K5xas long as short
MEXC ON_USDT+0.0100%4h0.1379−0.033%$1.1M$409K50xas long as short
KuCoin ONUSDTMshort+0.0100%4h0.1373−0.468%$756K$52K50x
BingX ON-USDT+0.0100%4h0.1379−0.033%$6.6Mas long as short
Variational Omni ON+0.0100%4h0.1369−0.736%$25K$7Kas long as short
Aster ONUSDT+0.0501%4h0.1376−0.286%$449K$32K5xas long as short