Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.038%
Price spread now: Binance against KuCoin−0.096%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,252as in the Price arb table
costs, in and out, $10k−$2,24222.417% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 4 days (all we have)−0.086%−$9 · spread now −0.096%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.104% cheaper against KuCoin than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TOWNSUSDTM | 0.002087 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $249K | $31K | 10x |
| Short | Binance TOWNSUSDT | 0.002085 | 0.0100 | get 0.0050% / 4h | 2h 54m | $2.0M | $1.3M | 10x |
KuCoin TOWNSUSDTM
Binance TOWNSUSDTFunding 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: −0.096% → +0.008%
- −$10.42
- Slippage, 4 orders
- −$2,219.72
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$2,252.14
- Costs to cover
- 22.417%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 9 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, 2 min ago | 14.33 bp | 1174.6 bp −$1,175 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 4.80 bp | 41.4 bp −$41 | 470.1 bp −$4,701 | 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 | −0.0936% | 1h | 0.002074 | −0.623% | $77K | $3K | 25x | as long as short |
| BloFin TOWNS-USDT | +0.0088% | 4h | 0.002086 | −0.048% | $96K | $4K | 10x | as long as short |
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002084 | −0.158% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDTshort | +0.0100% | 4h | 0.002085 | −0.096% | $2.0M | $1.3M | 10x | |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002087 | 0.000% | $384K | $116K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002086 | −0.048% | $70K | $15K | 10x | as long as short |
| MEXC TOWNS_USDT | +0.0100% | 4h | 0.002087 | 0.000% | $440K | $125K | 100x | as long as short |
| KuCoin TOWNSUSDTMlong | +0.0100% | 4h | 0.002087 | long leg | $249K | $31K | 10x | |
| Bitget TOWNSUSDT | +0.0100% | 4h | 0.002083 | −0.192% | $341K | $40K | 5x | as long as short |
| BingX TOWNS-USDT | +0.0100% | 4h | 0.002084 | −0.144% | — | $2.3M | — | as long as short |
Coinbase International TOWNS-PERP-INTX
BloFin TOWNS-USDT
Aster TOWNSUSDT
Bybit TOWNSUSDT
Gate TOWNS_USDT
MEXC TOWNS_USDT
Bitget TOWNSUSDT
BingX TOWNS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TOWNS | +0.0100% | 4h | 0.002089 | +0.102% | $195 | $549 | — | as long as short |
| Deribit TOWNS_USDC-PERPETUAL | +0.4546% | 1h | 0.002095 | +0.383% | — | — | 25x | as long as short |
Variational Omni TOWNS
Deribit TOWNS_USDC-PERPETUAL