Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.046%
Price spread now: KuCoin against Binance−0.169%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$618as in the Funding arb table
Net, price: spread back to 7d avg − costs−$590as in the Price arb table
costs, in and out, $10k−$5815.810% of the position
Funding, last 7 days−0.375%−$37 on $10k
+Price spread, last 4 days (all we have)+0.209%+$21 · spread now −0.169%, 7d avg −0.083%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.086% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WETUSDT | 0.06561 | 0.0100 | pay 0.0050% / 4h | 3h 37m | $1.1M | $835K | 50x |
| Short | KuCoin WETUSDTM | 0.06550 | 0.0100 | get 0.0050% / 4h | 3h 37m | $686K | $674K | 50x |
Funding 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: −0.169% → −0.083%
- −$8.61
- Slippage, 4 orders
- −$558.95
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$589.56
- Costs to cover
- 5.810%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 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 Binance live order book, 10 min ago | 4.58 bp | 27.9 bp −$28 | 224.3 bp −$2,243 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 16 min ago | 12.25 bp | 258.0 bp −$258 | doesn't fit | doesn't fit | doesn't fit |
WET 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 WETUSDTlong | +0.0100% | 4h | 0.06561 | long leg | $1.1M | $835K | 50x | |
| Bybit WETUSDT | +0.0100% | 4h | 0.06549 | −0.185% | $1.4M | $182K | 50x | as long as short |
| OKX WET-USDT-SWAP | +0.0100% | 4h | 0.06540 | −0.322% | $669K | $151K | 20x | as long as short |
| MEXC WET_USDT | +0.0100% | 4h | 0.06559 | −0.032% | $167K | $82K | 50x | as long as short |
| KuCoin WETUSDTMshort | +0.0100% | 4h | 0.06550 | −0.169% | $686K | $674K | 50x | |
| Bitget WETUSDT | +0.0100% | 4h | 0.06553 | −0.124% | $572K | $21K | 25x | as long as short |
| BingX WET-USDT | +0.0100% | 4h | 0.06552 | −0.139% | — | $6.5M | — | as long as short |
| BloFin WET-USDT | +0.0144% | 4h | 0.06551 | −0.154% | $69K | $6K | 50x | as long as short |
| Gate WET_USDT | +0.0543% | 8h | 0.06554 | −0.108% | $985K | $20K | 50x | as long as short |
| Aster WETUSDT | +0.0924% | 4h | 0.06560 | −0.017% | $13K | $29K | 5x | as long as short |
Binance WETUSDT
KuCoin WETUSDTM
Bybit WETUSDT
OKX WET-USDT-SWAP
MEXC WET_USDT
Bitget WETUSDT
BingX WET-USDT
BloFin WET-USDT
Gate WET_USDT
Aster WETUSDT