Funding you earn now, next payment 06:00 UTC−0.0500%/8h= −54.7% APRpaid last 24h −0.095%
Price spread now: KuCoin against Extended−0.791%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,518as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,552as in the Price arb table
costs, in and out, $10k−$1,48214.819% of the position
Funding, last 7 days−0.356%−$36 on $10k
+Price spread, last 4 days (all we have)+0.876%+$88 · spread now −0.791%, 7d avg −0.093%
=Together, before fees+0.520%+ Points / potential airdropExtended: Active · farm board+$52 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and KuCoin is 0.698% cheaper against Extended than usual: you would sell low and buy high (−$70 if the spread goes back to its 7-day average of −0.093%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended US-USD | 0.01641 | 0.0600 | pay 0.0075% / 1h | 19m 20s | $1K | $169K | 5x |
| Short | KuCoin USUSDTM | 0.01628 | 0.0100 | get 0.0050% / 4h | 2h 19m | $4.0M | $386K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Extended. 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
- −$105
- Price spread: −0.791% → −0.093%
- −$69.79
- Slippage, 4 orders
- −$1,464.95
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,656.74
- Costs to cover
- 14.819%
- Break-even
- never at this rate
Slippage from Extended: live order book, 64 min ago; KuCoin: live order book, 3 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 Extended live order book, 64 min ago | 4.60 bp | 97.1 bp −$97 | 847.8 bp −$8,478 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 40.77 bp | 627.3 bp −$627 | doesn't fit | doesn't fit | doesn't fit |
US 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 USUSDT | +0.0100% | 4h | 0.01643 | +0.141% | $3.2M | $933K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01639 | −0.097% | $2.1M | $602K | 20x | as long as short |
| KuCoin USUSDTMshort | +0.0100% | 4h | 0.01628 | −0.791% | $4.0M | $386K | 20x | |
| Variational Omni US | +0.0100% | 4h | 0.01645 | +0.251% | $16K | $3K | — | as long as short |
| Bitget USUSDT | +0.0346% | 4h | 0.01644 | +0.172% | $4.3M | $263K | 10x | as long as short |
| Aster USUSDT | +0.0463% | 4h | 0.01641 | −0.035% | $12K | $54K | 5x | as long as short |
| BingX US-USDT | +0.0560% | 4h | 0.01643 | +0.105% | — | $1.3M | — | as long as short |
| MEXC US_USDT | +0.0598% | 4h | 0.01641 | −0.005% | $5.5M | $115K | 100x | as long as short |
| BloFin US-USDT | +0.0598% | 4h | 0.01643 | +0.105% | $479K | $49K | 10x | as long as short |
| Extended US-USDlong | +0.0600% | 1h | 0.01641 | long leg | $1K | $169K | 5x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance USUSDT | +0.0604% | 4h | 0.01641 | +0.023% | $9.1M | $3.2M | 10x | as long as short |
Extended US-USD
KuCoin USUSDTM
Bybit USUSDT
Gate US_USDT
Variational Omni US
Bitget USUSDT
Aster USUSDT
BingX US-USDT
MEXC US_USDT
BloFin US-USDT
Binance USUSDT