Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%
Price spread now: KuCoin against Binance+0.134%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$281as in the Funding arb table
Net, price: spread back to 7d avg − costs−$309as in the Price arb table
costs, in and out, $10k−$3203.196% of the position
Funding, last 7 days+0.386%+$39 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.134%, 7d avg +0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.105% dearer against Binance than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKLUSDT | 0.004457 | 0.0100 | pay 0.0050% / 4h | 1h 28m | $2.6M | $7.3M | 50x |
| Short | KuCoin SKLUSDTM | 0.004463 | 0.0100 | get 0.0050% / 4h | 1h 28m | $765K | $249K | 30x |
Binance SKLUSDT
KuCoin SKLUSDTMFunding 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
- $0
- Price spread: +0.134% → +0.029%
- $10.49
- Slippage, 4 orders
- −$297.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$309.11
- Costs to cover
- 3.196%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 8 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, 3 min ago | 2.25 bp | 21.4 bp −$21 | 86.3 bp −$863 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 4.47 bp | 135.9 bp −$136 | 706.3 bp −$7,063 | doesn't fit | doesn't fit |
SKL on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SKL-USDT | +0.0090% | 4h | 0.004457 | 0.000% | $167K | $20K | 50x | as long as short |
| Binance SKLUSDTlong | +0.0100% | 4h | 0.004457 | long leg | $2.6M | $7.3M | 50x | |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004458 | +0.022% | $809K | $889K | 25x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004450 | −0.158% | $155K | $198K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004457 | 0.000% | $324K | $176K | 20x | as long as short |
| KuCoin SKLUSDTMshort | +0.0100% | 4h | 0.004463 | +0.134% | $765K | $249K | 30x | |
| Bitget SKLUSDT | +0.0100% | 4h | 0.004458 | +0.022% | $468K | $738K | 25x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004459 | +0.044% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004454 | −0.058% | $685 | $1K | — | as long as short |
| Kraken Futures PF_SKLUSD | +0.2267% | 1h | 0.004444 | −0.288% | $4K | $6K | 10x | as long as short |
BloFin SKL-USDT
Bybit SKLUSDT
Gate SKL_USDT
MEXC SKL_USDT
Bitget SKLUSDT
BingX SKL-USDT
Variational Omni SKL
Kraken Futures PF_SKLUSD