Funding you earn now, next payment 04:00 UTC+0.0834%/8h= +91.3% APRnext payment +$4.17 per $10,000 · paid last 24h +0.073%
Price spread now: KuCoin against Binance+0.344%7-day average +0.137% · you sell dearer than you buy
Net, funding: paid 7d − costs−$566as in the Funding arb table
Net, price: spread back to 7d avg − costs−$559as in the Price arb table
costs, in and out, $10k−$5795.792% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 4 days (all we have)−0.229%−$23 · spread now +0.344%, 7d avg +0.137%
=Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and KuCoin is 0.207% dearer against Binance than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.137%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.129% in total (about 6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.17 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STOUSDT | 0.04203 | 0.0100 | pay 0.0050% / 4h | 3h 07m | $3.4M | $1.4M | 20x |
| Short | KuCoin STOUSDTM | 0.04217 | 0.0934 | get 0.0467% / 4h | 3h 07m | $1.0M | $19K | 25x |
Binance STOUSDT
KuCoin STOUSDTMFunding 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
- $175.14
- Price spread: +0.344% → +0.137%
- $20.71
- Slippage, 4 orders
- −$557.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$383.37
- Costs to cover
- 5.792%
- Break-even
- 22.3 days
Slippage from Binance: live order book, 14 min ago; KuCoin: live order book, 2 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, 14 min ago | 3.58 bp | 27.7 bp −$28 | 136.6 bp −$1,366 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 22.51 bp | 263.5 bp −$264 | doesn't fit | doesn't fit | doesn't fit |
STO on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster STOUSDT | +0.0100% | 4h | 0.04203 | +0.012% | $26K | $1K | 5x | as long as short |
| Binance STOUSDTlong | +0.0100% | 4h | 0.04203 | long leg | $3.4M | $1.4M | 20x | |
| MEXC STO_USDT | +0.0100% | 4h | 0.04201 | −0.037% | $799K | $104K | 50x | as long as short |
| Bitget STOUSDT | +0.0100% | 4h | 0.04201 | −0.037% | $324K | $27K | 10x | as long as short |
| Gate STO_USDT | +0.0400% | 4h | 0.04204 | +0.034% | $256K | $118K | 25x | as long as short |
| Variational Omni STO | +0.0452% | 4h | 0.04213 | +0.244% | $4K | $213 | — | as long as short |
| KuCoin STOUSDTMshort | +0.0934% | 4h | 0.04217 | +0.344% | $1.0M | $19K | 25x | |
| Bybit STOUSDT | +0.1511% | 4h | 0.04210 | +0.177% | $730K | $256K | 13x | as long as short |
| BingX STO-USDT | +0.1544% | 4h | 0.04208 | +0.130% | — | $6.5M | — | as long as short |
Aster STOUSDT
MEXC STO_USDT
Bitget STOUSDT
Gate STO_USDT
Variational Omni STO
Bybit STOUSDT
BingX STO-USDT