Funding you earn now, next payment 04:00 UTC+0.0310%/8h= +33.9% APRnext payment +$1.55 per $10,000 · paid last 24h +0.100%
Price spread now: Binance against KuCoin−0.034%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$927as in the Funding arb table
Net, price: spread back to 7d avg − costs−$965as in the Price arb table
costs, in and out, $10k−$9569.561% of the position
Funding, last 7 days+0.287%+$29 on $10k
+Price spread, last 7 days+0.081%+$8 · spread now −0.034%, 7d avg +0.054%
=Funding pays, the price is against you. Binance is 0.088% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.054%). If the spread goes back, that is −$9 on $10k: about 23 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.287% in total) that is about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOONUSDTM | 0.1971 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $1.8M | $3.2M | 50x |
| Short | Binance SOONUSDT | 0.1970 | 0.0410 | get 0.0205% / 4h | 2h 24m | $8.1M | $2.0M | 50x |
KuCoin SOONUSDTM
Binance SOONUSDTFunding 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
- $65.06
- Price spread: −0.034% → +0.054%
- −$8.77
- Slippage, 4 orders
- −$934.13
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$899.84
- Costs to cover
- 9.561%
- Break-even
- 103.8 days
Slippage from KuCoin: live order book, 7 min ago; Binance: live order book, 14 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, 7 min ago | 5.34 bp | 474.6 bp −$475 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 2.56 bp | 31.0 bp −$31 | 166.7 bp −$1,667 | 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 SOONUSDTMlong | +0.0100% | 4h | 0.1971 | long leg | $1.8M | $3.2M | 50x | |
| Extended SOON-USD | +0.0408% | 1h | 0.1970 | −0.058% | $6K | $193K | 5x | as long as short |
| Binance SOONUSDTshort | +0.0410% | 4h | 0.1970 | −0.034% | $8.1M | $2.0M | 50x | |
| OKX SOON-USDT-SWAP | +0.0520% | 4h | 0.1970 | −0.056% | $2.0M | $456K | 20x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0702% | 1h | 0.1965 | −0.314% | $11K | $2K | 10x | as long as short |
| Aster SOONUSDT | +0.1010% | 4h | 0.1963 | −0.430% | $191K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.1058% | 4h | 0.1970 | −0.056% | $9.2M | $255K | 25x | as long as short |
| Gate SOON_USDT | +0.1166% | 4h | 0.1966 | −0.259% | $3.2M | $115K | 50x | as long as short |
| BingX SOON-USDT | +0.2062% | 4h | 0.1966 | −0.259% | — | $6.7M | — | as long as short |
| Variational Omni SOON | +0.2425% | 4h | 0.1957 | −0.732% | $240K | $20K | — | as long as short |
Extended SOON-USD
OKX SOON-USDT-SWAP
Kraken Futures PF_SOONUSD
Aster SOONUSDT
Bitget SOONUSDT
Gate SOON_USDT
BingX SOON-USDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.2456% | 4h | 0.1957 | −0.715% | $2.5M | $1.2M | 25x | as long as short |
Bybit SOONUSDT