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+0.276%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$525as in the Funding arb table
Net, price: spread back to 7d avg − costs−$504as in the Price arb table
costs, in and out, $10k−$5255.245% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.160%−$16 · spread now +0.276%, 7d avg +0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.203% dearer against Binance than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPENUSDT | 0.1447 | 0.0100 | pay 0.0050% / 4h | 4m 34s | $7.2M | $2.7M | 75x |
| Short | KuCoin OPENUSDTM | 0.1451 | 0.0100 | get 0.0050% / 4h | 4m 34s | $2.4M | $60K | 30x |
Binance OPENUSDT
KuCoin OPENUSDTMFunding 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
- $0
- Price spread: +0.276% → +0.074%
- $20.29
- Slippage, 4 orders
- −$502.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$504.23
- Costs to cover
- 5.245%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; KuCoin: 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 Binance live order book, 4 min ago | 3.45 bp | 30.4 bp −$30 | 236.1 bp −$2,361 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 14.14 bp | 246.8 bp −$247 | 686.0 bp −$6,860 | doesn't fit | doesn't fit |
OPEN 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OPENUSDT | +0.0100% | 4h | 0.1448 | +0.079% | $253K | $4K | 5x | as long as short |
| Binance OPENUSDTlong | +0.0100% | 4h | 0.1447 | long leg | $7.2M | $2.7M | 75x | |
| Gate OPEN_USDT | +0.0100% | 8h | 0.1450 | +0.207% | $830K | $191K | 75x | as long as short |
| KuCoin OPENUSDTMshort | +0.0100% | 4h | 0.1451 | +0.276% | $2.4M | $60K | 30x | |
| Bitget OPENUSDT | +0.0100% | 4h | 0.1450 | +0.207% | $2.2M | $202K | 20x | as long as short |
| Extended OPEN-USD | +0.0104% | 1h | 0.1447 | −0.020% | $3K | $157K | 5x | as long as short |
| BloFin OPEN-USDT | +0.0106% | 4h | 0.1445 | −0.138% | $667K | $13K | 75x | as long as short |
| Bybit OPENUSDT | +0.0453% | 4h | 0.1450 | +0.180% | $1.5M | $739K | 25x | as long as short |
| Kraken Futures PF_OPENUSD | +0.0829% | 1h | 0.1447 | +0.002% | $14K | $55K | 10x | as long as short |
Aster OPENUSDT
Gate OPEN_USDT
Bitget OPENUSDT
Extended OPEN-USD
BloFin OPEN-USDT
Bybit OPENUSDT
Kraken Futures PF_OPENUSD