Funding you earn now, next payment 04:00 UTC+0.0776%/8h= +85.0% APRnext payment +$3.88 per $10,000 · paid last 24h +0.093%
Price spread now: Binance against KuCoin+0.319%7-day average +0.150% · you sell dearer than you buy
Net, funding: paid 7d − costs−$751as in the Funding arb table
Net, price: spread back to 7d avg − costs−$765as in the Price arb table
costs, in and out, $10k−$7827.816% of the position
Funding, last 7 days+0.303%+$30 on $10k
+Price spread, last 4 days (all we have)−0.200%−$20 · spread now +0.319%, 7d avg +0.150%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Binance is 0.169% dearer against KuCoin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.150%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.303% in total (about 15.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.88 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin QUSDTM | 0.02542 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $673K | $19K | 20x |
| Short | Binance QUSDT | 0.02551 | 0.0876 | get 0.0438% / 4h | 1h 39m | $7.0M | $1.4M | 20x |
KuCoin QUSDTM
Binance QUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $162.94
- Price spread: +0.319% → +0.150%
- $16.86
- Slippage, 4 orders
- −$759.56
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$601.75
- Costs to cover
- 7.816%
- Break-even
- 32.9 days
Slippage from KuCoin: live order book, 59 min ago; Binance: live order book, 15 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 KuCoin live order book, 59 min ago | 17.81 bp | 295.6 bp −$296 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.38 bp | 30.6 bp −$31 | 276.4 bp −$2,764 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDT | +0.0100% | 4h | 0.02545 | +0.083% | $1.2M | $274K | 10x | as long as short |
| KuCoin QUSDTMlong | +0.0100% | 4h | 0.02542 | long leg | $673K | $19K | 20x | |
| Bitget QUSDT | +0.0100% | 4h | 0.02545 | +0.102% | $2.3M | $121K | 20x | as long as short |
| Variational Omni Q | +0.0598% | 4h | 0.02542 | −0.019% | $614 | $2K | — | as long as short |
| Bybit QUSDT | +0.0703% | 4h | 0.02546 | +0.138% | $1.5M | $345K | 13x | as long as short |
| Aster QUSDT | +0.0791% | 4h | 0.02546 | +0.133% | $59K | $52K | 5x | as long as short |
| BingX Q-USDT | +0.0812% | 4h | 0.02543 | +0.035% | — | $1.3M | — | as long as short |
| BloFin Q-USDT | +0.0822% | 4h | 0.02549 | +0.236% | $380K | $72K | 40x | as long as short |
| Extended Q-USD | +0.0872% | 1h | 0.02550 | +0.284% | $11K | $163K | 5x | as long as short |
| MEXC Q_USDT | +0.0872% | 4h | 0.02550 | +0.299% | $122K | $86K | 50x | as long as short |
Gate Q_USDT
Bitget QUSDT
Variational Omni Q
Bybit QUSDT
Aster QUSDT
BingX Q-USDT
BloFin Q-USDT
Extended Q-USD
MEXC Q_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance QUSDTshort | +0.0876% | 4h | 0.02551 | +0.319% | $7.0M | $1.4M | 20x |