Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended+0.088%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$334as in the Funding arb table
Net, price: spread back to 7d avg − costs−$333as in the Price arb table
costs, in and out, $10k−$3403.401% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)−0.313%−$31 · spread now +0.088%, 7d avg +0.021%
=Together, before fees−0.251%+ Points / potential airdropExtended: Active · farm board−$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.067% dearer against Extended than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended W-USD | 0.01186 | 0.0104 | pay 0.0013% / 1h | 56m 29s | $62K | $230K | 5x |
| Short | KuCoin WUSDTM | 0.01187 | 0.0100 | get 0.0050% / 4h | 3h 56m | $376K | $210K | 50x |
Extended W-USD
KuCoin WUSDTMFunding 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
- −$0.84
- Price spread: +0.088% → +0.021%
- $6.68
- Slippage, 4 orders
- −$323.13
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$334.29
- Costs to cover
- 3.401%
- Break-even
- never at this rate
Slippage from Extended: live order book, 60 min ago; KuCoin: live order book, 16 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, 60 min ago | 1.69 bp | 82.5 bp −$82 | 385.0 bp −$3,850 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 16 min ago | 8.42 bp | 102.7 bp −$103 | 229.5 bp −$2,295 | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0424% | 1h | 0.01187 | +0.079% | $15K | $3K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.943% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01186 | +0.003% | $2.0M | $332K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01187 | +0.088% | $3.0M | $6.3M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01185 | −0.047% | $4.2M | $1.8M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01185 | −0.064% | $1.3M | $1.8M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01189 | +0.256% | $450K | $210K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01186 | +0.003% | $12.8M | $1.3M | 50x | as long as short |
| KuCoin WUSDTMshort | +0.0100% | 4h | 0.01187 | +0.088% | $376K | $210K | 50x | |
| Bitget WUSDT | +0.0100% | 4h | 0.01188 | +0.172% | $1.3M | $567K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01186 | −0.014% | — | $6.8M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01188 | +0.150% | $72K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01188 | +0.170% | $128K | $402K | 10x | as long as short |
| Extended W-USDlong | +0.0104% | 1h | 0.01186 | long leg | $62K | $230K | 5x | |
| Coinbase International W-PERP-INTX | +0.0440% | 1h | 0.01195 | +0.796% | $14K | $15K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.1755% | 1h | 0.01189 | +0.256% | $44K | $43K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1758% | 1h | 0.01191 | +0.400% | $147K | $184K | 20x | as long as short |
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD