Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: KuCoin against Binance+0.099%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$309as in the Funding arb table
Net, price: spread back to 7d avg − costs−$306as in the Price arb table
costs, in and out, $10k−$3153.153% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 4 days (all we have)−0.179%−$18 · spread now +0.099%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.092% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PORTALUSDT | 0.02024 | 0.0100 | pay 0.0050% / 4h | 3h 43m | $3.3M | $5.2M | 10x |
| Short | KuCoin PORTALUSDTM | 0.02026 | 0.0100 | get 0.0050% / 4h | 3h 43m | $330K | $111K | 10x |
Binance PORTALUSDT
KuCoin PORTALUSDTMFunding 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: +0.099% → +0.007%
- $9.19
- Slippage, 4 orders
- −$293.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$306.16
- Costs to cover
- 3.153%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; KuCoin: live order book, 49 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, 9 min ago | 2.46 bp | 21.7 bp −$22 | 264.9 bp −$2,649 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 49 min ago | 9.75 bp | 138.0 bp −$138 | doesn't fit | doesn't fit | doesn't fit |
PORTAL 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 PORTALUSDT | +0.0100% | 4h | 0.02025 | +0.045% | $10K | $31K | 5x | as long as short |
| Binance PORTALUSDTlong | +0.0100% | 4h | 0.02024 | long leg | $3.3M | $5.2M | 10x | |
| Bybit PORTALUSDT | +0.0100% | 4h | 0.02025 | +0.054% | $1.3M | $870K | 20x | as long as short |
| MEXC PORTAL_USDT | +0.0100% | 4h | 0.02023 | −0.049% | $1.1M | $401K | 50x | as long as short |
| KuCoin PORTALUSDTMshort | +0.0100% | 4h | 0.02026 | +0.099% | $330K | $111K | 10x | |
| BingX PORTAL-USDT | +0.0100% | 4h | 0.02025 | +0.049% | — | $1.3M | — | as long as short |
| Variational Omni PORTAL | +0.0100% | 4h | 0.02035 | +0.519% | $1K | $7K | — | as long as short |
| BloFin PORTAL-USDT | +0.0120% | 4h | 0.02033 | +0.445% | $211K | $21K | 10x | as long as short |
| Kraken Futures PF_PORTALUSD | +0.3441% | 1h | 0.02031 | +0.358% | $41K | $190K | 10x | as long as short |
Aster PORTALUSDT
Bybit PORTALUSDT
MEXC PORTAL_USDT
BingX PORTAL-USDT
Variational Omni PORTAL
BloFin PORTAL-USDT
Kraken Futures PF_PORTALUSD