Funding you earn now, next payment 12:00 UTC+0.0225%/8h= +24.7% APRnext payment +$1.13 per $10,000 · paid last 24h +0.043%
Price spread now: KuCoin against Binance−0.254%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$315as in the Price arb table
costs, in and out, $10k−$2962.958% of the position
Funding, last 7 days+0.476%+$48 on $10k
+Price spread, last 7 days+0.086%+$9 · spread now −0.254%, 7d avg −0.060%
=Funding pays, the price is against you. KuCoin is 0.194% cheaper against Binance than usual: you would sell low and buy high (spread −0.254% now, against its 7-day average of −0.060%). If the spread goes back, that is −$19 on $10k: about 2.9 days of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PTBUSDT | 0.0009981 | 0.0261 | pay 0.0130% / 4h | 3h 12m | $6.9M | $81.7M | 20x |
| Short | KuCoin PTBUSDTM | 0.0009956 | 0.0486 | get 0.0243% / 4h | 3h 12m | $1.5M | $5.7M | 20x |
Binance PTBUSDT
KuCoin PTBUSDTMFunding 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
- $47.29
- Price spread: −0.254% → −0.060%
- −$19.45
- Slippage, 4 orders
- −$273.79
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$267.95
- Costs to cover
- 2.958%
- Break-even
- 46.7 days
Slippage from Binance: live order book, 15 min ago; KuCoin: live order book, 5 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, 15 min ago | 2.56 bp | 35.5 bp −$36 | 160.6 bp −$1,606 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 9.52 bp | 134.0 bp −$134 | doesn't fit | doesn't fit | doesn't fit |
PTB on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PTBUSDT | +0.0100% | 4h | 0.0009992 | +0.106% | $1.4M | $13.6M | 25x | as long as short |
| Gate PTB_USDT | +0.0100% | 4h | 0.0009970 | −0.114% | $1.7M | $3.5M | 25x | as long as short |
| Variational Omni PTB | +0.0100% | 4h | 0.0009995 | +0.137% | $25K | $63K | — | as long as short |
| Binance PTBUSDTlong | +0.0261% | 4h | 0.0009981 | long leg | $6.9M | $81.7M | 20x | |
| Extended kPTB-USD | +0.0264% | 1h | 0.0009989 | +0.076% | $3K | $16K | 5x | as long as short |
| BloFin PTB-USDT | +0.0267% | 4h | 0.0009975 | −0.064% | $399K | $294K | 20x | as long as short |
| BingX PTB-USDT | +0.0271% | 4h | 0.0009997 | +0.156% | — | $1.9M | — | as long as short |
| MEXC PTB_USDT | +0.0272% | 4h | 0.0009989 | +0.076% | $306K | $508K | 20x | as long as short |
| Aster PTBUSDT | +0.0472% | 4h | 0.0009974 | −0.070% | $67K | $632K | 5x | as long as short |
| KuCoin PTBUSDTMshort | +0.0486% | 4h | 0.0009956 | −0.254% | $1.5M | $5.7M | 20x |
Bybit PTBUSDT
Gate PTB_USDT
Variational Omni PTB
Extended kPTB-USD
BloFin PTB-USDT
BingX PTB-USDT
MEXC PTB_USDT
Aster PTBUSDT