Funding you earn now, next payment 00:00 UTC−0.0095%/8h= −10.4% APRnext payment −$0.47 per $10,000 · paid last 24h −0.095%
Price spread now: KuCoin against Binance+0.064%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$511as in the Funding arb table
Net, price: spread back to 7d avg − costs−$471as in the Price arb table
costs, in and out, $10k−$4834.830% of the position
Funding, last 7 days−0.282%−$28 on $10k
+Price spread, last 7 days−0.143%−$14 · spread now +0.064%, 7d avg −0.054%
=The price spread pays, funding is against you. KuCoin is 0.119% dearer against Binance than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of −0.054%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOONUSDT | 0.1964 | 0.0195 | pay 0.0097% / 4h | 0m 48s | $8.0M | $1.9M | 50x |
| Short | KuCoin SOONUSDTM | 0.1965 | 0.0100 | get 0.0050% / 4h | 0m 48s | $1.8M | $3.1M | 50x |
Binance SOONUSDT
KuCoin SOONUSDTMFunding 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
- −$19.93
- Price spread: +0.064% → −0.054%
- $11.85
- Slippage, 4 orders
- −$460.97
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$491.05
- Costs to cover
- 4.830%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 7 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, 8 min ago | 2.56 bp | 24.6 bp −$25 | 228.9 bp −$2,289 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 3.58 bp | 186.0 bp −$186 | 689.9 bp −$6,899 | doesn't fit | doesn't fit |
SOON on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTMshort | +0.0100% | 4h | 0.1965 | +0.064% | $1.8M | $3.1M | 50x | |
| Kraken Futures PF_SOONUSD | +0.0107% | 1h | 0.1956 | −0.383% | $11K | $1K | 10x | as long as short |
| Gate SOON_USDT | +0.0138% | 4h | 0.1960 | −0.185% | $3.2M | $100K | 50x | as long as short |
| Extended SOON-USD | +0.0192% | 1h | 0.1965 | +0.051% | $7K | $207K | 5x | as long as short |
| Binance SOONUSDTlong | +0.0195% | 4h | 0.1964 | long leg | $8.0M | $1.9M | 50x | |
| OKX SOON-USDT-SWAP | +0.0427% | 4h | 0.1962 | −0.084% | $2.0M | $443K | 20x | as long as short |
| Aster SOONUSDT | +0.0890% | 4h | 0.1956 | −0.380% | $190K | $2K | 5x | as long as short |
| Bitget SOONUSDT | +0.1042% | 4h | 0.1961 | −0.134% | $9.2M | $217K | 25x | as long as short |
| Variational Omni SOON | +0.3414% | 4h | 0.1949 | −0.733% | $223K | $4K | — | as long as short |
| BingX SOON-USDT | +0.3670% | 4h | 0.1959 | −0.236% | — | $6.7M | — | as long as short |
Kraken Futures PF_SOONUSD
Gate SOON_USDT
Extended SOON-USD
OKX SOON-USDT-SWAP
Aster SOONUSDT
Bitget SOONUSDT
Variational Omni SOON
BingX SOON-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.3879% | 4h | 0.1946 | −0.898% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT