Funding you earn now, next payment 08:00 UTC+0.1214%/8h= +132.9% APRnext payment +$6.07 per $10,000 · paid last 24h +0.126%
Price spread now: Binance against KuCoin+0.064%7-day average +0.221% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.650%+$65 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now +0.064%, 7d avg +0.221%
=Funding pays, the price is against you. Binance is 0.157% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.064% now, against its 7-day average of +0.221%). If the spread goes back, that is −$16 on $10k: about 10 hours of funding at the current rate (+$36 a day). At the pace of the last 7 days (+0.650% in total) that is about 41 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.650% in total (about 33.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.07 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 XNYUSDTM | 0.006326 | 0.0100 | pay 0.0050% / 4h | 2h 53m | $298K | $16K | 10x |
| Short | Binance XNYUSDT | 0.006330 | 0.1314 | get 0.0657% / 4h | 2h 53m | $3.7M | $1.0M | 10x |
KuCoin XNYUSDTM
Binance XNYUSDTFunding 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
- $254.93
- Price spread: +0.064% → +0.221%
- −$15.74
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $217.18
- Costs to cover
- 0.220%
- Break-even
- 1.0 days
Slippage unknown: KuCoin: live order book, 4 min ago; Binance: live order book, 13 min ago. Net counts fees only.
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, 4 min ago | 31.63 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.38 bp | 49.7 bp −$50 | 425.7 bp −$4,257 | doesn't fit | doesn't fit |
XNY 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XNYUSDTMlong | +0.0100% | 4h | 0.006326 | long leg | $298K | $16K | 10x | |
| Variational Omni XNY | +0.0100% | 4h | 0.006310 | −0.247% | $53K | $1K | — | as long as short |
| Gate XNY_USDT | +0.0404% | 4h | 0.006341 | +0.237% | $212K | $16K | 10x | as long as short |
| Bybit XNYUSDT | +0.0687% | 4h | 0.006312 | −0.221% | $441K | $33K | 5x | as long as short |
| Aster XNYUSDT | +0.1160% | 4h | 0.006297 | −0.461% | $6K | $4K | 5x | as long as short |
| BingX XNY-USDT | +0.1232% | 4h | 0.006324 | −0.032% | — | $1.3M | — | as long as short |
| MEXC XNY_USDT | +0.1300% | 4h | 0.006329 | +0.047% | $177K | $95K | 100x | as long as short |
| Binance XNYUSDTshort | +0.1314% | 4h | 0.006330 | +0.064% | $3.7M | $1.0M | 10x | |
| BloFin XNY-USDT | +0.1335% | 4h | 0.006323 | −0.047% | $174K | $6K | 10x | as long as short |
Variational Omni XNY
Gate XNY_USDT
Bybit XNYUSDT
Aster XNYUSDT
BingX XNY-USDT
MEXC XNY_USDT
BloFin XNY-USDT