Funding you earn now, next payment 03:00 UTC+0.0172%/8h= +18.9% APRnext payment +$0.86 per $10,000 · paid last 24h +0.091%
Price spread now: Binance against KuCoin−0.096%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,551as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,572as in the Price arb table
costs, in and out, $10k−$1,56415.637% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 4 days (all we have)+0.353%+$35 · spread now −0.096%, 7d avg −0.015%
=Funding pays, the price is against you. Binance is 0.081% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of −0.015%). If the spread goes back, that is −$8 on $10k: about 37 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.127% in total) that is about 4.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRUSTUSDTM | 0.06172 | 0.0100 | pay 0.0050% / 4h | 13m 41s | $300K | $738K | 10x |
| Short | Binance TRUSTUSDT | 0.06166 | 0.0272 | get 0.0136% / 4h | 1h 13m | $1.7M | $2.0M | 10x |
KuCoin TRUSTUSDTM
Binance TRUSTUSDTFunding 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
- $36.16
- Price spread: −0.096% → −0.015%
- −$8.06
- Slippage, 4 orders
- −$1,541.74
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,535.64
- Costs to cover
- 15.637%
- Break-even
- 304.3 days
Slippage from KuCoin: live order book, 11 min ago; Binance: live order book, 5 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, 11 min ago | 9.68 bp | 790.4 bp −$790 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.62 bp | 40.1 bp −$40 | 130.5 bp −$1,305 | doesn't fit | doesn't fit |
TRUST on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TRUST-USDT-SWAP | +0.0100% | 4h | 0.06177 | +0.081% | $114K | $302K | 10x | as long as short |
| Gate TRUST_USDT | +0.0100% | 8h | 0.06172 | 0.000% | $505K | $27K | 10x | as long as short |
| KuCoin TRUSTUSDTMlong | +0.0100% | 4h | 0.06172 | long leg | $300K | $738K | 10x | |
| Bitget TRUSTUSDT | +0.0100% | 4h | 0.06178 | +0.097% | $671K | $76K | 10x | as long as short |
| MEXC TRUST_USDT | +0.0272% | 4h | 0.06164 | −0.130% | $214K | $104K | 50x | as long as short |
| Binance TRUSTUSDTshort | +0.0272% | 4h | 0.06166 | −0.096% | $1.7M | $2.0M | 10x | |
| Aster TRUSTUSDT | +0.0342% | 4h | 0.06170 | −0.036% | $10K | $8K | 5x | as long as short |
| BingX TRUST-USDT | +0.2968% | 4h | 0.06166 | −0.097% | — | $6.5M | — | as long as short |
| Bybit TRUSTUSDT | +0.3354% | 4h | 0.06147 | −0.405% | $543K | $461K | 25x | as long as short |
| Variational Omni TRUST | +0.3652% | 4h | 0.06157 | −0.246% | $56K | $409 | — | as long as short |
OKX TRUST-USDT-SWAP
Gate TRUST_USDT
Bitget TRUSTUSDT
MEXC TRUST_USDT
Aster TRUSTUSDT
BingX TRUST-USDT
Bybit TRUSTUSDT
Variational Omni TRUST