Settings8H · net · $10k
Funding arb · Price arb /

TAKE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1144%/8h= +125.3% APRnext payment +$5.72 per $10,000 · paid last 24h +0.306%
Price spread now: KuCoin against Binance+0.171%7-day average +0.222% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,698as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,807as in the Price arb table
costs, in and out, $10k−$1,80218.024% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.045%+$105 on $10k
Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.171%, 7d avg +0.222%
Together, before fees+0.934%+$93 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.051% cheaper against Binance than usual: you would sell low and buy high (spread +0.171% now, against its 7-day average of +0.222%). If the spread goes back, that is −$5 on $10k: about 4 hours of funding at the current rate (+$34 a day). At the pace of the last 7 days (+1.045% in total) that is about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TAKEUSDT0.059230.0304pay 0.0152% / 4h1h 34m$4.0M$764K10x
ShortKuCoin TAKEUSDTM0.059330.1448get 0.0724% / 4h1h 34m$389K$18K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$240.31
Price spread: +0.171% → +0.222%
−$5.05
Slippage, 4 orders
−$1,780.41
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,567.15
Costs to cover
18.024%
Break-even
52.7 days
Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 37 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago2.53 bp88.9 bp −$89746.5 bp −$7,465doesn't fitdoesn't fit
Sell KuCoin live order book, 37 min ago58.18 bp820.4 bp −$820doesn't fitdoesn't fitdoesn't fit

TAKE on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TAKE_USDT+0.0100%4h0.05918−0.082%$320K$37K20xas long as short
BingX TAKE-USDT+0.0286%4h0.05924+0.019%$2.3Mas long as short
MEXC TAKE_USDT+0.0290%4h0.05922−0.014%$180K$96K50xas long as short
Binance TAKEUSDTlong+0.0304%4h0.05923long leg$4.0M$764K10x
BloFin TAKE-USDT+0.0352%4h0.05922−0.014%$263K$10K10xas long as short
Aster TAKEUSDT+0.0523%4h0.05903−0.333%$9K$10K5xas long as short
KuCoin TAKEUSDTMshort+0.1448%4h0.05933+0.171%$389K$18K20x