Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against Binance−0.019%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$650.648% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now −0.019%, 7d avg −0.078%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.059% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AAPLUSDT | 340.02 | 0 | get 0.0000% / 8h | 7h 31m | $22.2M | $67.3M | 25x |
| Short | KuCoin AAPLUSDTM | 339.95 | 0.0100 | get 0.0100% / 8h | 7h 31m | $1.4M | $80K | 20x |
Binance AAPLUSDT
KuCoin AAPLUSDTMFunding 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
- $21
- Price spread: −0.019% → −0.078%
- $5.91
- Slippage, 4 orders
- −$42.84
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$37.93
- Costs to cover
- 0.648%
- Break-even
- 19.6 days
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 3 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 | 0.15 bp | 5.6 bp −$6 | 9.2 bp −$92 | 36.3 bp −$3,629 | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 6.91 bp | 31.5 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
AAPL on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0816% | 4h | 340.08 | +0.018% | $81K | $327K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0029% | 8h | 340.05 | +0.010% | $345K | $166K | 20x | as long as short |
| Nado AAPL-PERP | −0.0022% | 1h | 339.93 | −0.026% | $556K | $36K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 340.00 | −0.003% | $121K | $294K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.94 | −0.021% | $286K | $2.1M | 10x | as long as short |
| Binance AAPLUSDTlong | 0.0000% | 8h | 340.02 | long leg | $22.2M | $67.3M | 25x | |
| Bybit AAPLUSDT | 0.0000% | 8h | 340.06 | +0.013% | $6.4M | $194.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.98 | −0.010% | $6.3M | $7.0M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.84 | −0.052% | $3.0M | $5.8M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 340.04 | +0.007% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
BloFin AAPL-USDT
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 340.15 | +0.041% | $2.5M | $1.2M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 340.17 | +0.045% | $22K | $363K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 340.02 | +0.001% | $826 | $4.3M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.92 | −0.028% | $28K | $70K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 340.18 | +0.048% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 340.08 | +0.019% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0010% | 1h | 339.88 | −0.040% | $3.2M | $4.2M | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0024% | 1h | 340.14 | +0.037% | $662K | $660K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 340.01 | −0.002% | $932K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.99 | −0.007% | $971K | $3.2M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.91 | −0.031% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.88 | −0.040% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.90 | −0.034% | $40.4M | $76.6M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.84 | −0.052% | $279K | $350K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.91 | −0.031% | $76K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.86 | −0.046% | $1.3M | $2.3M | 20x | as long as short |
| KuCoin AAPLUSDTMshort | +0.0100% | 8h | 339.95 | −0.019% | $1.4M | $80K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.98 | −0.010% | $950K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.96 | −0.016% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.96 | −0.016% | $11K | $102 | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0160% | 1h | 339.88 | −0.040% | $36K | — | 20x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 340.16 | +0.043% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 340.80 | +0.231% | $192K | $44K | 30x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Coinbase International AAPL-PERP-INTX
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Hotstuff AAPL-PERP
Phoenix AAPL
Injective AAPL/USDC PERP