Settings8H · net · $10k
Funding arb · Price arb /

RARE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.037%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$426as in the Funding arb table
Net, price: spread back to 7d avg − costs−$432as in the Price arb table
costs, in and out, $10k−$4284.283% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.037%, 7d avg +0.003%
Together, before fees+0.166%+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.040% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance RAREUSDT0.013200.0100pay 0.0050% / 4h2h 11m$1.6M$1.1M25x
ShortKuCoin RAREUSDTM0.013200.0100get 0.0050% / 4h2h 11m$202K$71K30x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.037% → +0.003%
−$4.03
Slippage, 4 orders
−$406.3
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$432.33
Costs to cover
4.283%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 44 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago3.79 bp35.3 bp −$35462.3 bp −$4,623doesn't fitdoesn't fit
Sell KuCoin live order book, 44 min ago22.64 bp136.5 bp −$137doesn't fitdoesn't fitdoesn't fit

RARE on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RARE-USDT+0.0070%4h0.01320−0.037%$1.3Mas long as short
Aster RAREUSDT+0.0100%4h0.01318−0.156%$8K$3K5xas long as short
Binance RAREUSDTlong+0.0100%4h0.01320long leg$1.6M$1.1M25x
Bybit RAREUSDT+0.0100%4h0.01321+0.038%$308K$86K25xas long as short
Gate RARE_USDT+0.0100%4h0.01319−0.113%$49K$28K20xas long as short
MEXC RARE_USDT+0.0100%4h0.01320−0.037%$622K$171K100xas long as short
KuCoin RAREUSDTMshort+0.0100%4h0.01320−0.037%$202K$71K30x
Bitget RAREUSDT+0.0100%4h0.01319−0.113%$233K$71K20xas long as short
Variational Omni RARE+0.0100%4h0.01320−0.046%$1K$2Kas long as short
BloFin RARE-USDT+0.0123%4h0.01322+0.114%$105K$12K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_RAREUSD+1.2368%1h0.01333+0.960%$3K$2K10xas long as short