Funding you earn now, next payment 04:00 UTC+0.0613%/8h= +67.1% APRnext payment +$3.06 per $10,000 · paid last 24h −0.010%
Price spread now: Binance against KuCoin−0.165%7-day average −0.159% · you buy dearer than you sell
Net, funding: paid 7d − costs−$811as in the Funding arb table
Net, price: spread back to 7d avg − costs−$769as in the Price arb table
costs, in and out, $10k−$7697.689% of the position
Funding, last 7 days−0.417%−$42 on $10k
+Price spread, last 4 days (all we have)−0.025%−$3 · spread now −0.165%, 7d avg −0.159%
=The price spread sits at its 7-day average of −0.159%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.417%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.417% in total (about -21.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.06 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 SIRENUSDTM | 0.02431 | 0.1720 | pay 0.0860% / 4h | 2h 22m | $987K | $388K | 10x |
| Short | Binance SIRENUSDT | 0.02427 | 0.2333 | get 0.1166% / 4h | 2h 22m | $8.4M | $3.3M | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $128.65
- Price spread: −0.165% → −0.159%
- −$0.57
- Slippage, 4 orders
- −$746.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$640.83
- Costs to cover
- 7.689%
- Break-even
- 41.9 days
Slippage from KuCoin: live order book, 37 min ago; Binance: 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 KuCoin live order book, 37 min ago | 10.29 bp | 306.9 bp −$307 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 4.12 bp | 33.3 bp −$33 | 168.6 bp −$1,686 | doesn't fit | doesn't fit |
SIREN 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SIREN-USDT | +0.0100% | 4h | 0.02429 | −0.082% | $2K | $1.0M | 20x | as long as short |
| Bitget SIRENUSDT | +0.1002% | 4h | 0.02441 | +0.411% | $2.8M | $1.2M | 10x | as long as short |
| KuCoin SIRENUSDTMlong | +0.1720% | 4h | 0.02431 | long leg | $987K | $388K | 10x | |
| Aster SIRENUSDT | +0.2306% | 4h | 0.02424 | −0.302% | $213K | $81K | 5x | as long as short |
| MEXC SIREN_USDT | +0.2332% | 4h | 0.02428 | −0.123% | $694K | $129K | 100x | as long as short |
| Binance SIRENUSDTshort | +0.2333% | 4h | 0.02427 | −0.165% | $8.4M | $3.3M | 10x | |
| BingX SIREN-USDT | +0.2369% | 4h | 0.02430 | −0.041% | — | $2.3M | — | as long as short |
| Gate SIREN_USDT | +0.2808% | 4h | 0.02423 | −0.329% | $585K | $191K | 10x | as long as short |
| Bybit SIRENUSDT | +1.2975% | 4h | 0.02447 | +0.658% | $1.9M | $2.3M | 5x | as long as short |
KuCoin SIRENUSDTM
Binance SIRENUSDT
SunX SIREN-USDT
Bitget SIRENUSDT
Aster SIRENUSDT
MEXC SIREN_USDT
BingX SIREN-USDT
Gate SIREN_USDT
Bybit SIRENUSDT