Funding you earn now, next payment 08:00 UTC−0.0102%/8h= −11.2% APRnext payment −$0.51 per $10,000 · paid last 24h −0.115%
Price spread now: KuCoin against Binance−0.286%7-day average −0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs−$837as in the Funding arb table
Net, price: spread back to 7d avg − costs−$817as in the Price arb table
costs, in and out, $10k−$8048.044% of the position
Funding, last 7 days−0.325%−$33 on $10k
+Price spread, last 4 days (all we have)+0.177%+$18 · spread now −0.286%, 7d avg −0.154%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.131% cheaper against Binance than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.154%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance QUSDT | 0.02566 | 0.0202 | pay 0.0101% / 4h | 2h 36m | $7.1M | $1.4M | 20x |
| Short | KuCoin QUSDTM | 0.02559 | 0.0100 | get 0.0050% / 4h | 2h 36m | $682K | $19K | 20x |
Binance QUSDT
KuCoin QUSDTMFunding 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
- −$21.41
- Price spread: −0.286% → −0.154%
- −$13.14
- Slippage, 4 orders
- −$782.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$838.9
- Costs to cover
- 8.044%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 33 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, 2 min ago | 0.19 bp | 36.5 bp −$36 | 468.4 bp −$4,684 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 33 min ago | 19.08 bp | 426.7 bp −$427 | doesn't fit | doesn't fit | doesn't fit |
Q 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster QUSDT | +0.0100% | 4h | 0.02561 | −0.198% | $59K | $45K | 5x | as long as short |
| Gate Q_USDT | +0.0100% | 4h | 0.02561 | −0.204% | $1.2M | $298K | 10x | as long as short |
| KuCoin QUSDTMshort | +0.0100% | 4h | 0.02559 | −0.286% | $682K | $19K | 20x | |
| Bitget QUSDT | +0.0100% | 4h | 0.02566 | −0.009% | $2.3M | $141K | 20x | as long as short |
| Binance QUSDTlong | +0.0202% | 4h | 0.02566 | long leg | $7.1M | $1.4M | 20x | |
| Extended Q-USD | +0.0208% | 1h | 0.02566 | −0.020% | $8K | $247K | 5x | as long as short |
| MEXC Q_USDT | +0.0210% | 4h | 0.02567 | +0.007% | $122K | $87K | 50x | as long as short |
| BloFin Q-USDT | +0.0249% | 4h | 0.02566 | −0.029% | $387K | $71K | 40x | as long as short |
| Bybit QUSDT | +0.0432% | 4h | 0.02561 | −0.212% | $1.6M | $397K | 13x | as long as short |
| BingX Q-USDT | +0.0462% | 4h | 0.02570 | +0.155% | — | $1.3M | — | as long as short |
Aster QUSDT
Gate Q_USDT
Bitget QUSDT
Extended Q-USD
MEXC Q_USDT
BloFin Q-USDT
Bybit QUSDT
BingX Q-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni Q | +0.0768% | 4h | 0.02566 | −0.033% | $619 | $2K | — | as long as short |
Variational Omni Q