Funding you earn now, next payment 04:00 UTC+0.0226%/8h= +24.7% APRnext payment +$1.13 per $10,000 · paid last 24h −0.143%
Price spread now: KuCoin against Binance−0.275%7-day average −0.192% · you buy dearer than you sell
Net, funding: paid 7d − costs−$358as in the Funding arb table
Net, price: spread back to 7d avg − costs−$329as in the Price arb table
costs, in and out, $10k−$3213.209% of the position
Funding, last 7 days−0.372%−$37 on $10k
+Price spread, last 4 days (all we have)+0.125%+$13 · spread now −0.275%, 7d avg −0.192%
=Funding pays, the price is against you. KuCoin is 0.083% cheaper against Binance than usual: you would sell low and buy high (spread −0.275% now, against its 7-day average of −0.192%). If the spread goes back, that is −$8 on $10k: about 29 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.372%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000RATSUSDT | 0.00004245 | 0.0740 | pay 0.0370% / 4h | 2h 23m | $11.1M | $2.1M | 40x |
| Short | KuCoin 1000RATSUSDTM | 0.00004233 | 0.0966 | get 0.0483% / 4h | 2h 23m | $645K | $85K | 30x |
Binance 1000RATSUSDT
KuCoin 1000RATSUSDTMFunding 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
- $47.4
- Price spread: −0.275% → −0.192%
- −$8.3
- Slippage, 4 orders
- −$298.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$281.82
- Costs to cover
- 3.209%
- Break-even
- 48.6 days
Slippage from Binance: live order book, 2 min ago; KuCoin: 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 Binance live order book, 2 min ago | 2.36 bp | 39.1 bp −$39 | 294.5 bp −$2,945 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 15 min ago | 9.48 bp | 56.0 bp −$56 | 850.8 bp −$8,508 | doesn't fit | doesn't fit |
RATS on 9 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 RATS_USDT | +0.0100% | 4h | 0.00004223 | −0.510% | $2.5M | $440K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004240 | −0.110% | $1.5M | $367K | 25x | as long as short |
| Binance 1000RATSUSDTlong | +0.0740% | 4h | 0.00004245 | long leg | $11.1M | $2.1M | 40x | |
| MEXC 1000RATS_USDT | +0.0748% | 4h | 0.00004241 | −0.086% | $805K | $183K | 125x | as long as short |
| edgeX 1000RATSUSDC | +0.0753% | 4h | 0.00004245 | −0.003% | $34K | $293K | 10x | as long as short |
| KuCoin 1000RATSUSDTMshort | +0.0966% | 4h | 0.00004233 | −0.275% | $645K | $85K | 30x | |
| Bybit 1000RATSUSDT | +0.1457% | 4h | 0.00004240 | −0.110% | $4.3M | $938K | 20x | as long as short |
| BingX RATS-USDT | +0.1564% | 4h | 0.00004236 | −0.204% | — | $1.2M | — | as long as short |
| Aster 1000RATSUSDT | +0.1807% | 4h | 0.00004230 | −0.348% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
Bybit 1000RATSUSDT
BingX RATS-USDT
Aster 1000RATSUSDT