Funding you earn now, next payment 02:00 UTC+0.0901%/8h= +98.7% APRpaid last 24h —
Price spread now: Deribit against KuCoin+0.145%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Deribit is 0.145% dearer against KuCoin than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TOWNSUSDTM | 0.002068 | 0.0784 | pay 0.0392% / 4h | 2h 21m | $247K | $31K | 10x |
| Short | Deribit TOWNS_USDC-PERPETUAL | 0.002071 | 0.1685 | get 0.0211% / 1h | 21m 42s | — | — | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $189.25
- Price spread: +0.145% → 0.000%
- $14.51
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $184.75
- Costs to cover
- 0.190%
- Break-even
- 0.2 days
Slippage unknown: KuCoin: live order book, 14 min ago; Deribit: no order-book sample. Net counts fees only.
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, 14 min ago | 24.26 bp | 842.8 bp −$843 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TOWNS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002066 | −0.097% | $372K | $115K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002068 | 0.000% | $70K | $20K | 10x | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002073 | +0.249% | $194 | $555 | — | as long as short |
| Aster TOWNSUSDT | +0.0178% | 4h | 0.002069 | +0.069% | $10K | $6K | 5x | as long as short |
| MEXC TOWNS_USDT | +0.0324% | 4h | 0.002066 | −0.097% | $396K | $126K | 100x | as long as short |
| Binance TOWNSUSDT | +0.0324% | 4h | 0.002065 | −0.122% | $2.0M | $1.3M | 10x | as long as short |
| Coinbase International TOWNS-PERP-INTX | +0.0392% | 1h | 0.002171 | +4.981% | $81K | $4K | 25x | as long as short |
| BingX TOWNS-USDT | +0.0590% | 4h | 0.002068 | 0.000% | — | $2.3M | — | as long as short |
| Bitget TOWNSUSDT | +0.0602% | 4h | 0.002068 | 0.000% | $339K | $48K | 5x | as long as short |
| KuCoin TOWNSUSDTMlong | +0.0784% | 4h | 0.002068 | long leg | $247K | $31K | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TOWNS_USDC-PERPETUALshort | +0.1685% | 1h | 0.002071 | +0.145% | — | — | 25x |
KuCoin TOWNSUSDTM
Deribit TOWNS_USDC-PERPETUAL
Bybit TOWNSUSDT
Gate TOWNS_USDT
Variational Omni TOWNS
Aster TOWNSUSDT
MEXC TOWNS_USDT
Binance TOWNSUSDT
Coinbase International TOWNS-PERP-INTX
BingX TOWNS-USDT
Bitget TOWNSUSDT