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: Binance against KuCoin−0.151%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$408as in the Funding arb table
Net, price: spread back to 7d avg − costs−$421as in the Price arb table
costs, in and out, $10k−$4064.065% 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)+0.031%+$3 · spread now −0.151%, 7d avg −0.005%
Together, before fees+0.012%+$1 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: Binance is 0.146% cheaper against KuCoin than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin RAREUSDTM0.013250.0100pay 0.0050% / 4h1h 05m$203K$70K30x
ShortBinance RAREUSDT0.013230.0100get 0.0050% / 4h1h 05m$1.6M$1.1M25x

Funding 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 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: −0.151% → −0.005%
−$14.62
Slippage, 4 orders
−$384.49
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$421.12
Costs to cover
4.065%
Break-even
never at this rate
Slippage from KuCoin: live order book, 35 min ago; Binance: live order book, 12 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 KuCoin live order book, 35 min ago18.95 bp225.9 bp −$226doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 12 min ago3.79 bp26.3 bp −$26260.2 bp −$2,602doesn'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%4h0.01323−0.151%$1.3Mas long as short
BloFin RARE-USDT+0.0085%4h0.01322−0.226%$105K$12K25xas long as short
Aster RAREUSDT+0.0100%4h0.01323−0.168%$8K$2K5xas long as short
Binance RAREUSDTshort+0.0100%4h0.01323−0.151%$1.6M$1.1M25x
Gate RARE_USDT+0.0100%4h0.01322−0.226%$49K$27K20xas long as short
MEXC RARE_USDT+0.0100%4h0.01323−0.151%$581K$176K100xas long as short
KuCoin RAREUSDTMlong+0.0100%4h0.01325long leg$203K$70K30x
Bitget RAREUSDT+0.0100%4h0.01322−0.226%$233K$71K20xas long as short
Variational Omni RARE+0.0100%4h0.01325−0.002%$1K$2Kas long as short
Bybit RAREUSDT+0.0100%4h0.01324−0.068%$309K$88K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_RAREUSD+1.2655%1h0.01335+0.724%$3K$2K10xas long as short