Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.110%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$863as in the Funding arb table
Net, price: spread back to 7d avg − costs−$849as in the Price arb table
costs, in and out, $10k−$8588.585% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.110%, 7d avg +0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.095% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SPELLUSDTM | 0.00009100 | 0.0100 | pay 0.0100% / 8h | 6h 21m | $190K | $20K | 30x |
| Short | Binance SPELLUSDT | 0.00009110 | 0.0100 | get 0.0100% / 8h | 6h 21m | $1.5M | $1.5M | 50x |
KuCoin SPELLUSDTM
Binance SPELLUSDTFunding 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: +0.110% → +0.015%
- $9.51
- Slippage, 4 orders
- −$836.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$848.98
- Costs to cover
- 8.585%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 20 min ago; Binance: live order book, 5 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, 20 min ago | 38.53 bp | 247.6 bp −$248 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 5.49 bp | 31.3 bp −$31 | 168.8 bp −$1,688 | doesn't fit | doesn't fit |
SPELL on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SPELLUSDTshort | +0.0100% | 8h | 0.00009110 | +0.110% | $1.5M | $1.5M | 50x | |
| Gate SPELL_USDT | +0.0100% | 8h | 0.00009090 | −0.110% | $50K | $15K | 20x | as long as short |
| MEXC SPELL_USDT | +0.0100% | 8h | 0.00009110 | +0.110% | $388K | $140K | 20x | as long as short |
| KuCoin SPELLUSDTMlong | +0.0100% | 8h | 0.00009100 | long leg | $190K | $20K | 30x | |
| Bitget SPELLUSDT | +0.0100% | 8h | 0.00009100 | 0.000% | $596K | $30K | 25x | as long as short |
| Variational Omni SPELL | +0.0100% | 8h | 0.00009103 | +0.034% | $111 | $2K | — | as long as short |
| Kraken Futures PF_SPELLUSD | +0.1324% | 1h | 0.00009113 | +0.145% | $15K | $1K | 10x | as long as short |
Gate SPELL_USDT
MEXC SPELL_USDT
Bitget SPELLUSDT
Variational Omni SPELL
Kraken Futures PF_SPELLUSD