Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against Binance−0.250%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$542as in the Funding arb table
Net, price: spread back to 7d avg − costs−$573as in the Price arb table
costs, in and out, $10k−$5565.560% of the position
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 4 days (all we have)+0.227%+$23 · spread now −0.250%, 7d avg −0.079%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.170% cheaper against Binance than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORDERUSDT | 0.04006 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $1.4M | $1.5M | 50x |
| Short | KuCoin ORDERUSDTM | 0.03996 | 0.0100 | get 0.0050% / 4h | 2h 50m | $220K | $84K | 30x |
Binance ORDERUSDT
KuCoin ORDERUSDTMFunding 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: −0.250% → −0.079%
- −$17.04
- Slippage, 4 orders
- −$534.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$573.05
- Costs to cover
- 5.560%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; KuCoin: live order book, 60 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, 13 min ago | 6.21 bp | 53.7 bp −$54 | 307.0 bp −$3,070 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 60 min ago | 17.47 bp | 231.7 bp −$232 | doesn't fit | doesn't fit | doesn't fit |
ORDER 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ORDER-USDT | +0.0092% | 8h | 0.03956 | −1.248% | $66K | $7K | 16x | as long as short |
| Binance ORDERUSDTlong | +0.0100% | 4h | 0.04006 | long leg | $1.4M | $1.5M | 50x | |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.03998 | −0.200% | $1.3M | $607K | 20x | as long as short |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04006 | 0.000% | $163K | $274K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.03998 | −0.200% | $74K | $63K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04009 | +0.075% | $271K | $99K | 20x | as long as short |
| KuCoin ORDERUSDTMshort | +0.0100% | 4h | 0.03996 | −0.250% | $220K | $84K | 30x | |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.03997 | −0.225% | $478K | $204K | 20x | as long as short |
| BingX ORDER-USDT | +0.0100% | 4h | 0.04004 | −0.050% | — | $1.3M | — | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.03992 | −0.340% | $10K | $2K | — | as long as short |
BloFin ORDER-USDT
Bybit ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
MEXC ORDER_USDT
Bitget ORDERUSDT
BingX ORDER-USDT
Variational Omni ORDERShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0843% | 4h | 0.04004 | −0.050% | $189K | $213K | 10x | as long as short |
Orderly PERP_ORDER_USDC