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−0.015%7-day average +0.320% · you buy dearer than you sell
Net, funding: paid 7d − costs−$824as in the Funding arb table
Net, price: spread back to 7d avg − costs−$876as in the Price arb table
costs, in and out, $10k−$8438.429% of the position
Funding, last 7 days+0.191%+$19 on $10k
+Price spread, last 7 days+0.459%+$46 · spread now −0.015%, 7d avg +0.320%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.334% cheaper against KuCoin than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of +0.320%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ONUSDTM | 0.1358 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $749K | $51K | 50x |
| Short | Binance ONUSDT | 0.1358 | 0.0100 | get 0.0050% / 4h | 1h 15m | $5.9M | $3.9M | 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: −0.015% → +0.320%
- −$33.45
- Slippage, 4 orders
- −$820.9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$876.35
- Costs to cover
- 8.429%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 9 min ago; Binance: live order book, 8 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, 9 min ago | 12.85 bp | 367.8 bp −$368 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 7.34 bp | 31.9 bp −$32 | 141.4 bp −$1,414 | doesn't fit | doesn't fit |
ON on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ONUSDC | +0.0091% | 4h | 0.1361 | +0.216% | $7K | $133K | 10x | as long as short |
| Binance ONUSDTshort | +0.0100% | 4h | 0.1358 | −0.015% | $5.9M | $3.9M | 50x | |
| Gate ON_USDT | +0.0100% | 4h | 0.1356 | −0.199% | $302K | $31K | 5x | as long as short |
| MEXC ON_USDT | +0.0100% | 4h | 0.1357 | −0.088% | $1.0M | $408K | 50x | as long as short |
| KuCoin ONUSDTMlong | +0.0100% | 4h | 0.1358 | long leg | $749K | $51K | 50x | |
| BingX ON-USDT | +0.0100% | 4h | 0.1358 | −0.015% | — | $6.6M | — | as long as short |
| Variational Omni ON | +0.0100% | 4h | 0.1360 | +0.150% | $25K | $7K | — | as long as short |
| Aster ONUSDT | +0.0620% | 4h | 0.1356 | −0.162% | $443K | $30K | 5x | as long as short |
KuCoin ONUSDTM
Binance ONUSDT
edgeX ONUSDC
Gate ON_USDT
MEXC ON_USDT
BingX ON-USDT
Variational Omni ON
Aster ONUSDT