Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.039%
Price spread now: KuCoin against Binance+0.125%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,647as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,625as in the Price arb table
costs, in and out, $10k−$1,63816.385% of the position
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 4 days (all we have)+0.456%+$46 · spread now +0.125%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.131% dearer against Binance than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TOWNSUSDT | 0.002101 | 0.0100 | pay 0.0050% / 4h | 3h 48m | $2.0M | $1.3M | 10x |
| Short | KuCoin TOWNSUSDTM | 0.002104 | 0.0100 | get 0.0050% / 4h | 3h 48m | $251K | $31K | 10x |
Binance TOWNSUSDT
KuCoin TOWNSUSDTMFunding 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
- $0
- Price spread: +0.125% → −0.006%
- $13.1
- Slippage, 4 orders
- −$1,616.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,625.39
- Costs to cover
- 16.385%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; KuCoin: live order book, 43 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, 15 min ago | 2.38 bp | 40.3 bp −$40 | 631.0 bp −$6,310 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 43 min ago | 26.02 bp | 692.8 bp −$693 | doesn't fit | doesn't fit | doesn't fit |
TOWNS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | −0.1992% | 1h | 0.002121 | +0.934% | $79K | $3K | 25x | as long as short |
| BloFin TOWNS-USDT | +0.0099% | 4h | 0.002100 | −0.065% | $131K | $4K | 10x | as long as short |
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002101 | −0.023% | $10K | $5K | 5x | as long as short |
| Binance TOWNSUSDTlong | +0.0100% | 4h | 0.002101 | long leg | $2.0M | $1.3M | 10x | |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002100 | −0.065% | $378K | $132K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002102 | +0.030% | $71K | $16K | 10x | as long as short |
| MEXC TOWNS_USDT | +0.0100% | 4h | 0.002100 | −0.065% | $431K | $135K | 100x | as long as short |
| KuCoin TOWNSUSDTMshort | +0.0100% | 4h | 0.002104 | +0.125% | $251K | $31K | 10x | |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002099 | −0.105% | $196 | $549 | — | as long as short |
| Bitget TOWNSUSDT | +0.0162% | 4h | 0.002103 | +0.078% | $347K | $47K | 5x | as long as short |
Coinbase International TOWNS-PERP-INTX
BloFin TOWNS-USDT
Aster TOWNSUSDT
Bybit TOWNSUSDT
Gate TOWNS_USDT
MEXC TOWNS_USDT
Variational Omni TOWNS
Bitget TOWNSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX TOWNS-USDT | +0.0190% | 4h | 0.002101 | −0.018% | — | $2.3M | — | as long as short |
| Deribit TOWNS_USDC-PERPETUAL | +0.3561% | 1h | 0.002107 | +0.268% | — | — | 25x | as long as short |
BingX TOWNS-USDT
Deribit TOWNS_USDC-PERPETUAL