Funding you earn now, next payment 08:00 UTC−0.0510%/8h= −55.9% APRnext payment −$2.55 per $10,000 · paid last 24h −0.129%
Price spread now: KuCoin against Binance+0.024%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$990as in the Funding arb table
Net, price: spread back to 7d avg − costs−$936as in the Price arb table
costs, in and out, $10k−$9429.422% of the position
Funding, last 7 days−0.479%−$48 on $10k
+Price spread, last 7 days−0.055%−$6 · spread now +0.024%, 7d avg −0.037%
=The price spread pays, funding is against you. KuCoin is 0.061% dearer against Binance than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.037%): +$6 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.479% in total) that is about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XANUSDT | 0.01247 | 0.0610 | pay 0.0305% / 4h | 3h 51m | $2.1M | $1.4M | 50x |
| Short | KuCoin XANUSDTM | 0.01247 | 0.0100 | get 0.0050% / 4h | 3h 51m | $617K | $1.7M | 50x |
Binance XANUSDT
KuCoin XANUSDTMFunding 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
- −$107.16
- Price spread: +0.024% → −0.037%
- $6.08
- Slippage, 4 orders
- −$920.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,043.33
- Costs to cover
- 9.422%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 4 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, 12 min ago | 0.80 bp | 48.7 bp −$49 | 344.1 bp −$3,441 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 6.82 bp | 466.0 bp −$466 | doesn't fit | doesn't fit | doesn't fit |
XAN on 9 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 XANUSDT | +0.0100% | 4h | 0.01245 | −0.120% | $1.0M | $211K | 13x | as long as short |
| Gate XAN_USDT | +0.0100% | 4h | 0.01246 | −0.048% | $248K | $28K | 20x | as long as short |
| KuCoin XANUSDTMshort | +0.0100% | 4h | 0.01247 | +0.024% | $617K | $1.7M | 50x | |
| Bitget XANUSDT | +0.0100% | 4h | 0.01247 | 0.000% | $417K | $125K | 50x | as long as short |
| Variational Omni XAN | +0.0100% | 4h | 0.01243 | −0.294% | $7K | $2K | — | as long as short |
| BingX XAN-USDT | +0.0594% | 4h | 0.01246 | −0.080% | — | $1.3M | — | as long as short |
| MEXC XAN_USDT | +0.0610% | 4h | 0.01247 | +0.056% | $9.0M | $109K | 50x | as long as short |
| Binance XANUSDTlong | +0.0610% | 4h | 0.01247 | long leg | $2.1M | $1.4M | 50x | |
| Aster XANUSDT | +0.0832% | 4h | 0.01246 | −0.071% | $45K | $8K | 5x | as long as short |
Bybit XANUSDT
Gate XAN_USDT
Bitget XANUSDT
Variational Omni XAN
BingX XAN-USDT
MEXC XAN_USDT
Aster XANUSDT