Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.087%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$707as in the Funding arb table
Net, price: spread back to 7d avg − costs−$709as in the Price arb table
costs, in and out, $10k−$7017.014% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)+0.206%+$21 · spread now −0.087%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.072% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WALUSDT | 0.03436 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $2.3M | $6.4M | 75x |
| Short | KuCoin WALUSDTM | 0.03433 | 0.0100 | get 0.0050% / 4h | 2h 50m | $342K | $70K | 30x |
Binance WALUSDT
KuCoin WALUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- Price spread: −0.087% → −0.015%
- −$7.19
- Slippage, 4 orders
- −$679.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$708.57
- Costs to cover
- 7.014%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 61 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 Binance live order book, 3 min ago | 1.46 bp | 27.6 bp −$28 | 118.0 bp −$1,180 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 61 min ago | 14.60 bp | 242.7 bp −$243 | doesn't fit | doesn't fit | doesn't fit |
WAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance WALUSDTlong | +0.0100% | 4h | 0.03436 | long leg | $2.3M | $6.4M | 75x | |
| Bybit WALUSDT | +0.0100% | 4h | 0.03433 | −0.087% | $1.3M | $1.7M | 25x | as long as short |
| OKX WAL-USDT-SWAP | +0.0100% | 4h | 0.03435 | −0.029% | $218K | $904K | 10x | as long as short |
| Gate WAL_USDT | +0.0100% | 4h | 0.03432 | −0.116% | $291K | $450K | 50x | as long as short |
| MEXC WAL_USDT | +0.0100% | 4h | 0.03437 | +0.029% | $585K | $280K | 20x | as long as short |
| KuCoin WALUSDTMshort | +0.0100% | 4h | 0.03433 | −0.087% | $342K | $70K | 30x | |
| Bitget WALUSDT | +0.0100% | 4h | 0.03436 | 0.000% | $583K | $883K | 20x | as long as short |
| BingX WAL-USDT | +0.0100% | 4h | 0.03434 | −0.058% | — | $6.6M | — | as long as short |
| Variational Omni WAL | +0.0100% | 4h | 0.03431 | −0.146% | $22K | $8K | — | as long as short |
| Bluefin WAL-PERP | +0.0263% | 1h | 0.03436 | 0.000% | $32K | $767K | 20x | as long as short |
Bybit WALUSDT
OKX WAL-USDT-SWAP
Gate WAL_USDT
MEXC WAL_USDT
Bitget WALUSDT
BingX WAL-USDT
Variational Omni WAL
Bluefin WAL-PERP