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: Binance against KuCoin+0.022%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$695as in the Funding arb table
Net, price: spread back to 7d avg − costs−$699as in the Price arb table
costs, in and out, $10k−$7006.997% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.022%, 7d avg +0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WALUSDTM | 0.03440 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $342K | $71K | 30x |
| Short | Binance WALUSDT | 0.03441 | 0.0100 | get 0.0050% / 4h | 3h 40m | $2.3M | $6.3M | 75x |
KuCoin WALUSDTM
Binance WALUSDTFunding 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
- $0
- Price spread: +0.022% → +0.015%
- $0.66
- Slippage, 4 orders
- −$677.7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$699.03
- Costs to cover
- 6.997%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; Binance: live order book, 13 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 | 14.60 bp | 402.9 bp −$403 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.91 bp | 27.1 bp −$27 | 107.7 bp −$1,077 | 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 WALUSDTshort | +0.0100% | 4h | 0.03441 | +0.022% | $2.3M | $6.3M | 75x | |
| Bybit WALUSDT | +0.0100% | 4h | 0.03441 | +0.029% | $1.3M | $1.5M | 25x | as long as short |
| OKX WAL-USDT-SWAP | +0.0100% | 4h | 0.03438 | −0.058% | $220K | $860K | 10x | as long as short |
| Gate WAL_USDT | +0.0100% | 4h | 0.03437 | −0.087% | $291K | $423K | 50x | as long as short |
| MEXC WAL_USDT | +0.0100% | 4h | 0.03440 | 0.000% | $564K | $269K | 20x | as long as short |
| KuCoin WALUSDTMlong | +0.0100% | 4h | 0.03440 | long leg | $342K | $71K | 30x | |
| Bitget WALUSDT | +0.0100% | 4h | 0.03443 | +0.087% | $589K | $866K | 20x | as long as short |
| BingX WAL-USDT | +0.0100% | 4h | 0.03440 | 0.000% | — | $6.6M | — | as long as short |
| Variational Omni WAL | +0.0100% | 4h | 0.03437 | −0.088% | $21K | $7K | — | as long as short |
| Bluefin WAL-PERP | +0.0172% | 1h | 0.03446 | +0.174% | $32K | $759K | 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