Funding you earn now, next payment 08:00 UTC+0.0248%/8h= +27.2% APRnext payment +$1.24 per $10,000 · paid last 24h +0.143%
Price spread now: Binance against KuCoin+0.047%7-day average +0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$500as in the Funding arb table
Net, price: spread back to 7d avg − costs−$529as in the Price arb table
costs, in and out, $10k−$5205.202% of the position
Funding, last 7 days+0.202%+$20 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now +0.047%, 7d avg +0.132%
=Funding pays, the price is against you. Binance is 0.085% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.047% now, against its 7-day average of +0.132%). If the spread goes back, that is −$9 on $10k: about 27 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.202% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin UAIUSDTM | 0.3644 | −0.0148 | get 0.0074% / 4h | 2h 13m | $1.7M | $3.1M | 50x |
| Short | Binance UAIUSDT | 0.3646 | 0.0100 | get 0.0050% / 4h | 2h 13m | $12.1M | $135.7M | 50x |
KuCoin UAIUSDTM
Binance UAIUSDTFunding 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
- $52.08
- Price spread: +0.047% → +0.132%
- −$8.5
- Slippage, 4 orders
- −$498.22
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$476.65
- Costs to cover
- 5.202%
- Break-even
- 71.1 days
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 15 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, 4 min ago | 20.70 bp | 64.0 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 4.14 bp | 22.1 bp −$22 | 154.0 bp −$1,540 | 985.1 bp −$98.5K | doesn't fit |
UAI 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin UAIUSDTMlong | −0.0148% | 4h | 0.3644 | long leg | $1.7M | $3.1M | 50x | |
| BloFin UAI-USDT | +0.0053% | 4h | 0.3617 | −0.749% | $780K | $1.4M | 50x | as long as short |
| Aster UAIUSDT | +0.0100% | 4h | 0.3646 | +0.056% | $2.2M | $994K | 5x | as long as short |
| Binance UAIUSDTshort | +0.0100% | 4h | 0.3646 | +0.047% | $12.1M | $135.7M | 50x | |
| Bybit UAIUSDT | +0.0100% | 4h | 0.3643 | −0.030% | $3.3M | $31.1M | 20x | as long as short |
| Gate UAI_USDT | +0.0100% | 8h | 0.3649 | +0.137% | $2.2M | $11.3M | 50x | as long as short |
| MEXC UAI_USDT | +0.0100% | 4h | 0.3649 | +0.129% | $2.4M | $9.5M | 50x | as long as short |
| Bitget UAIUSDT | +0.0100% | 4h | 0.3649 | +0.134% | $3.8M | $10.9M | 25x | as long as short |
| BingX UAI-USDT | +0.0100% | 4h | 0.3646 | +0.047% | — | $11.4M | — | as long as short |
| Variational Omni UAI | +0.0100% | 4h | 0.3620 | −0.669% | $17K | $96K | — | as long as short |
BloFin UAI-USDT
Aster UAIUSDT
Bybit UAIUSDT
Gate UAI_USDT
MEXC UAI_USDT
Bitget UAIUSDT
BingX UAI-USDT
Variational Omni UAIShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX UAIUSDC | +0.0117% | 4h | 0.3621 | −0.635% | $13K | $358K | 10x | as long as short |
edgeX UAIUSDC