Funding you earn now, next payment 08:00 UTC+0.0742%/8h= +81.2% APRnext payment +$3.71 per $10,000 · paid last 24h +0.022%
Price spread now: Binance against KuCoin+0.063%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$293as in the Funding arb table
Net, price: spread back to 7d avg − costs−$294as in the Price arb table
costs, in and out, $10k−$2972.967% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)−0.177%−$18 · spread now +0.063%, 7d avg +0.034%
=Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Binance is 0.029% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.034%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.039% in total (about 2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XECUSDTM | 0.000008690 | −0.0642 | get 0.0321% / 4h | 2h 37m | $185K | $114K | 20x |
| Short | Binance 1000XECUSDT | 0.000008695 | 0.0100 | get 0.0050% / 4h | 2h 37m | $1.7M | $7.8M | 75x |
KuCoin XECUSDTM
Binance 1000XECUSDTFunding 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
- $155.82
- Price spread: +0.063% → +0.034%
- $2.87
- Slippage, 4 orders
- −$274.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$137.99
- Costs to cover
- 2.967%
- Break-even
- 13.2 days
Slippage from KuCoin: live order book, 18 min ago; Binance: 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 KuCoin live order book, 18 min ago | 17.15 bp | 80.1 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 1.14 bp | 33.9 bp −$34 | 118.5 bp −$1,185 | doesn't fit | doesn't fit |
XEC on 7 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 1000XECUSDT | −0.0938% | 8h | 0.000008681 | −0.104% | $649K | $861K | 20x | as long as short |
| KuCoin XECUSDTMlong | −0.0642% | 4h | 0.000008690 | long leg | $185K | $114K | 20x | |
| Aster 1000XECUSDT | −0.0033% | 4h | 0.000008687 | −0.036% | $3K | $40K | 5x | as long as short |
| Binance 1000XECUSDTshort | +0.0100% | 4h | 0.000008695 | +0.063% | $1.7M | $7.8M | 75x | |
| MEXC XEC_USDT | +0.0100% | 4h | 0.000008694 | +0.046% | $333K | $110K | 20x | as long as short |
| Bitget 1000XECUSDT | +0.0100% | 4h | 0.000008698 | +0.092% | $1.1M | $739K | 50x | as long as short |
| Extended kXEC-USD | +0.0104% | 1h | 0.000008690 | −0.006% | $3K | — | 5x | as long as short |
Bybit 1000XECUSDT
Aster 1000XECUSDT
MEXC XEC_USDT
Bitget 1000XECUSDT
Extended kXEC-USD