Funding you earn now, next payment 08:00 UTC+0.0373%/8h= +40.8% APRnext payment +$1.86 per $10,000 · paid last 24h +0.164%
Price spread now: Binance against KuCoin−0.289%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,349as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,441as in the Price arb table
costs, in and out, $10k−$1,41614.163% of the position
Funding, last 7 days+0.670%+$67 on $10k
+Price spread, last 4 days (all we have)+0.422%+$42 · spread now −0.289%, 7d avg −0.047%
=Funding pays, the price is against you. Binance is 0.242% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.289% now, against its 7-day average of −0.047%). If the spread goes back, that is −$24 on $10k: about 2.2 days of funding at the current rate (+$11 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SONICUSDTM | 0.02766 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $513K | $24K | 10x |
| Short | Binance SONICUSDT | 0.02758 | 0.0473 | get 0.0236% / 4h | 3h 30m | $1.4M | $2.5M | 10x |
KuCoin SONICUSDTM
Binance SONICUSDTFunding 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
- $78.29
- Price spread: −0.289% → −0.047%
- −$24.19
- Slippage, 4 orders
- −$1,394.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,362.25
- Costs to cover
- 14.163%
- Break-even
- 128.8 days
Slippage from KuCoin: live order book, 42 min ago; Binance: live order book, 4 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, 42 min ago | 79.71 bp | 550.5 bp −$550 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 3.62 bp | 44.9 bp −$45 | 281.1 bp −$2,811 | doesn't fit | doesn't fit |
SONIC on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SONICUSDT | +0.0100% | 4h | 0.02758 | −0.289% | $1.1M | $1.2M | 25x | as long as short |
| Gate SONIC_USDT | +0.0100% | 4h | 0.02757 | −0.325% | $136K | $98K | 25x | as long as short |
| KuCoin SONICUSDTMlong | +0.0100% | 4h | 0.02766 | long leg | $513K | $24K | 10x | |
| Bitget SONICUSDT | +0.0100% | 4h | 0.02760 | −0.217% | $424K | $492K | 10x | as long as short |
| Variational Omni SONIC | +0.0100% | 4h | 0.02761 | −0.198% | $3K | $2K | — | as long as short |
| BloFin SONIC-USDT | +0.0424% | 4h | 0.02756 | −0.362% | $133K | $4K | 10x | as long as short |
| MEXC SONIC_USDT | +0.0472% | 4h | 0.02759 | −0.253% | $908K | $136K | 50x | as long as short |
| Binance SONICUSDTshort | +0.0473% | 4h | 0.02758 | −0.289% | $1.4M | $2.5M | 10x |
Bybit SONICUSDT
Gate SONIC_USDT
Bitget SONICUSDT
Variational Omni SONIC
BloFin SONIC-USDT
MEXC SONIC_USDT