Funding you earn now, next payment 00:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance+0.114%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$890.887% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 7 days−0.092%−$9 · spread now +0.114%, 7d avg +0.054%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.060% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance REUSDT | 0.4651 | 0.0075 | pay 0.0038% / 4h | 1h 28m | $8.3M | $8.0M | 50x |
| Short | KuCoin REUSDTM | 0.4656 | 0.0100 | get 0.0050% / 4h | 1h 28m | $1.4M | $923K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.17
- Price spread: +0.114% → +0.054%
- $5.99
- Slippage, 4 orders
- −$66.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$77.59
- Costs to cover
- 0.887%
- Break-even
- 112.0 days
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 2 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, 11 min ago | 1.08 bp | 12.6 bp −$13 | 75.4 bp −$754 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 6.12 bp | 32.9 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
RE on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) RE/USD | L −0.0025% / S +0.0026% | 1h | 0.4660 | +0.193% | — | — | 150x | as long as short |
| edgeX REUSDC | +0.0061% | 4h | 0.4652 | +0.022% | $8K | $219K | 10x | as long as short |
| Extended RE-USD | +0.0072% | 1h | 0.4652 | +0.025% | $788 | — | 5x | as long as short |
| MEXC RE_USDT | +0.0074% | 4h | 0.4653 | +0.041% | $1.3M | $433K | 50x | as long as short |
| Binance REUSDTlong | +0.0075% | 4h | 0.4651 | long leg | $8.3M | $8.0M | 50x | |
| OKX RE-USDT-SWAP | +0.0092% | 4h | 0.4652 | +0.019% | $1.8M | $3.4M | 20x | as long as short |
| BloFin RE-USDT | +0.0095% | 4h | 0.4659 | +0.170% | $360K | $20K | 50x | as long as short |
| Aster REUSDT | +0.0100% | 4h | 0.4656 | +0.105% | $30K | $25K | 20x | as long as short |
| Bybit REUSDT | +0.0100% | 4h | 0.4652 | +0.019% | $1.4M | $1.2M | 20x | as long as short |
| Gate RE_USDT | +0.0100% | 4h | 0.4656 | +0.110% | $421K | $925K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin REUSDTMshort | +0.0100% | 4h | 0.4656 | +0.114% | $1.4M | $923K | 20x | |
| Bitget REUSDT | +0.0100% | 4h | 0.4657 | +0.131% | $1.8M | $545K | 20x | as long as short |
| BingX RE-USDT | +0.0100% | 4h | 0.4652 | +0.019% | — | $1.7M | — | as long as short |
| Orderly PERP_RE_USDC_mythos | +0.0100% | 4h | 0.4659 | +0.170% | $4K | — | 10x | as long as short |
Binance REUSDT
KuCoin REUSDTM
gTrade (Gains Network) RE/USD
edgeX REUSDC
Extended RE-USD
MEXC RE_USDT
OKX RE-USDT-SWAP
BloFin RE-USDT
Aster REUSDT
Bybit REUSDT
Gate RE_USDT
Bitget REUSDT
BingX RE-USDT