Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: Binance against KuCoin−0.043%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$342as in the Funding arb table
Net, price: spread back to 7d avg − costs−$305as in the Price arb table
costs, in and out, $10k−$3033.034% of the position
Funding, last 7 days−0.386%−$39 on $10k
+Price spread, last 4 days (all we have)−0.128%−$13 · spread now −0.043%, 7d avg −0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.020% cheaper against KuCoin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SKLUSDTM | 0.004598 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $821K | $341K | 30x |
| Short | Binance SKLUSDT | 0.004596 | 0.0100 | get 0.0050% / 4h | 3h 29m | $2.8M | $8.4M | 50x |
KuCoin SKLUSDTM
Binance SKLUSDTFunding 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
- $0
- Price spread: −0.043% → −0.023%
- −$2.03
- Slippage, 4 orders
- −$281.38
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$305.41
- Costs to cover
- 3.034%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 60 min ago; Binance: live order book, 9 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, 60 min ago | 6.47 bp | 123.3 bp −$123 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.18 bp | 27.8 bp −$28 | 73.9 bp −$739 | doesn't fit | doesn't fit |
SKL on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SKL-USDT | +0.0056% | 4h | 0.004590 | −0.174% | $183K | $27K | 50x | as long as short |
| Binance SKLUSDTshort | +0.0100% | 4h | 0.004596 | −0.043% | $2.8M | $8.4M | 50x | |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004598 | 0.000% | $885K | $954K | 25x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004590 | −0.174% | $183K | $219K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004596 | −0.043% | $392K | $190K | 20x | as long as short |
| KuCoin SKLUSDTMlong | +0.0100% | 4h | 0.004598 | long leg | $821K | $341K | 30x | |
| Bitget SKLUSDT | +0.0100% | 4h | 0.004594 | −0.087% | $483K | $814K | 25x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004595 | −0.065% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004595 | −0.061% | $705 | $1K | — | as long as short |
| Kraken Futures PF_SKLUSD | +0.2098% | 1h | 0.004603 | +0.108% | $5K | $5K | 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