Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.026%
Price spread now: KuCoin against Binance−0.037%7-day average +0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$361as in the Funding arb table
Net, price: spread back to 7d avg − costs−$382as in the Price arb table
costs, in and out, $10k−$3713.712% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now −0.037%, 7d avg +0.068%
=Funding pays, the price is against you. KuCoin is 0.105% cheaper against Binance than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.068%). If the spread goes back, that is −$10 on $10k: about 16 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.100% in total) that is about 7.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PYTHUSDT | 0.06385 | 0.0078 | pay 0.0039% / 4h | 3h 31m | $9.2M | $18.3M | 75x |
| Short | KuCoin PYTHUSDTM | 0.06383 | 0.0100 | get 0.0050% / 4h | 3h 31m | $1.5M | $346K | 50x |
Binance PYTHUSDT
KuCoin PYTHUSDTMFunding 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
- $4.56
- Price spread: −0.037% → +0.068%
- −$10.48
- Slippage, 4 orders
- −$349.21
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$377.13
- Costs to cover
- 3.712%
- Break-even
- 586.3 days
Slippage from Binance: live order book, 9 min ago; KuCoin: live order book, 4 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 | 0.78 bp | 15.5 bp −$15 | 42.1 bp −$421 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 11.74 bp | 126.2 bp −$126 | 667.8 bp −$6,678 | doesn't fit | doesn't fit |
PYTH on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit PYTH_USDC-PERPETUAL | −0.0219% | 1h | 0.06388 | +0.041% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06388 | +0.040% | $190K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.963% | $553 | $220K | 5.5x | as long as short |
| BloFin PYTH-USDT | +0.0075% | 4h | 0.06382 | −0.053% | $428K | $78K | 75x | as long as short |
| MEXC PYTH_USDT | +0.0076% | 4h | 0.06386 | +0.010% | $10.4M | $2.7M | 125x | as long as short |
| Binance PYTHUSDTlong | +0.0078% | 4h | 0.06385 | long leg | $9.2M | $18.3M | 75x | |
| Lighter PYTH | +0.0096% | 1h | 0.06392 | +0.104% | $193K | $208K | 5x | as long as short |
| Aster PYTHUSDT | +0.0098% | 4h | 0.06393 | +0.123% | $20K | $45K | 10x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06378 | −0.118% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06394 | +0.137% | $2.3M | $1.8M | 5x | as long as short |
Deribit PYTH_USDC-PERPETUAL
dYdX PYTH-USD
Injective PYTH/USDC PERP
BloFin PYTH-USDT
MEXC PYTH_USDT
Lighter PYTH
Aster PYTHUSDT
Paradex PYTH-USD-PERP
Hyperliquid PYTHShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06388 | +0.041% | $7.5M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06384 | −0.021% | $2.1M | $3.5M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06375 | −0.162% | $1.0M | $518K | 75x | as long as short |
| KuCoin PYTHUSDTMshort | +0.0100% | 4h | 0.06383 | −0.037% | $1.5M | $346K | 50x | |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06387 | +0.026% | $2.7M | $2.1M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06385 | −0.006% | — | $2.7M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06394 | +0.127% | $38K | $63K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06383 | −0.031% | $39K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06387 | +0.027% | $2K | $2K | 10x | as long as short |
| Aevo PYTH-PERP | +0.0104% | 1h | 0.06392 | +0.102% | $23K | — | 3x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0152% | 1h | 0.06493 | +1.686% | $40K | $19K | 25x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0297% | 1h | 0.06392 | +0.107% | $394K | $297K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06379 | −0.094% | — | — | 20x | as long as short |
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Aevo PYTH-PERP
Coinbase International PYTH-PERP-INTX
Kraken Futures PF_PYTHUSD
Reya PYTHRUSDPERP