Funding you earn now, next payment 02:00 UTC−0.7796%/8h= −853.7% APRnext payment −$9.74 per $10,000 · paid last 24h +6.510%
Price spread now: Binance against KuCoin−5.492%7-day average −0.555% · you buy dearer than you sell
Net, funding: paid 7d − costs+$998as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,515as in the Price arb table
costs, in and out, $10k−$1,02110.212% of the position
Funding, last 7 days+20.193%+$2,019 on $10k
+Price spread, last 7 days+7.804%+$780 · spread now −5.492%, 7d avg −0.555%
=Both sides work against this trade now: funding costs −$234 a day on $10k at the current rate, and Binance is 4.937% cheaper against KuCoin than usual: you would sell low and buy high (−$494 if the spread goes back to its 7-day average of −0.555%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +20.193%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ONEUSDTM | 0.004805 | 0.7896 | pay 0.0987% / 1h | 26m 38s | $4.9M | $13.1M | 30x |
| Short | Binance ONEUSDT | 0.004541 | 0.0100 | get 0.0013% / 1h | 26m 38s | $15.6M | $354.1M | 50x |
KuCoin ONEUSDTM
Binance ONEUSDTFunding 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
- −$1,637.16
- Price spread: −5.492% → −0.555%
- −$493.68
- Slippage, 4 orders
- −$999.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$3,152.08
- Costs to cover
- 10.212%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Binance: live order book, 2 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, 7 min ago | 10.53 bp | 467.1 bp −$467 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.11 bp | 22.2 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
ONE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −5.1108% | 1h | 0.005281 | +9.898% | $6.1M | $274.9M | 10x | as long as short |
| Gate ONE_USDT | −0.1678% | 8h | 0.004519 | −5.952% | $1.8M | $16.5M | 20x | as long as short |
| Aster ONEUSDT | −0.0991% | 1h | 0.004523 | −5.863% | $2.4M | $5.8M | 5x | as long as short |
| Bitget ONEUSDT | −0.0920% | 1h | 0.004573 | −4.839% | $2.0M | $35.4M | 20x | as long as short |
| BingX ONE-USDT | +0.0080% | 1h | 0.004537 | −5.578% | — | $6.5M | — | as long as short |
| MEXC ONE_USDT | +0.0096% | 1h | 0.004540 | −5.515% | $12.2M | $16.6M | 20x | as long as short |
| Binance ONEUSDTshort | +0.0100% | 1h | 0.004541 | −5.492% | $15.6M | $354.1M | 50x | |
| Variational Omni ONE | +0.0100% | 1h | 0.004563 | −5.042% | $111K | $55K | — | as long as short |
| KuCoin ONEUSDTMlong | +0.7896% | 1h | 0.004805 | long leg | $4.9M | $13.1M | 30x |
OKX ONE-USDT-SWAP
Gate ONE_USDT
Aster ONEUSDT
Bitget ONEUSDT
BingX ONE-USDT
MEXC ONE_USDT
Variational Omni ONE