Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.010%
Price spread now: KuCoin against Binance+0.028%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$869as in the Funding arb table
Net, price: spread back to 7d avg − costs−$880as in the Price arb table
costs, in and out, $10k−$8858.846% of the position
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 4 days (all we have)+0.045%+$4 · spread now +0.028%, 7d avg −0.016%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.045% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ADBEUSDT | 249.47 | 0 | get 0.0000% / 8h | 3h 48m | $1.6M | $510K | 20x |
| Short | KuCoin ADBEUSDTM | 249.54 | 0.0100 | get 0.0100% / 8h | 3h 48m | $265K | $188K | 20x |
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
- $21
- Price spread: +0.028% → −0.016%
- $4.45
- Slippage, 4 orders
- −$862.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$859.1
- Costs to cover
- 8.846%
- Break-even
- 293.4 days
Slippage from Binance: live order book, 15 min ago; KuCoin: live order book, 23 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, 15 min ago | 1.20 bp | 15.0 bp −$15 | 57.8 bp −$578 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 23 min ago | 13.62 bp | 528.5 bp −$528 | doesn't fit | doesn't fit | doesn't fit |
ADBE on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ADBE/USDC PERP | −0.0220% | 1h | 245.82 | −1.463% | $16K | $19K | 12x | as long as short |
| Aster ADBEUSDT | 0.0000% | 8h | 249.26 | −0.083% | $7K | $2K | 20x | as long as short |
| Binance ADBEUSDTlong | 0.0000% | 8h | 249.47 | long leg | $1.6M | $510K | 20x | |
| Bybit ADBEUSDT | 0.0000% | 8h | 249.27 | −0.080% | $516K | $121K | 25x | as long as short |
| OKX ADBE-USDT-SWAP | 0.0000% | 8h | 249.70 | +0.092% | $496K | $177K | 20x | as long as short |
| Gate ADBE_USDT | 0.0000% | 8h | 249.40 | −0.028% | $334K | $139K | 20x | as long as short |
| Bitget ADBEUSDT | 0.0000% | 8h | 249.48 | +0.004% | $513K | $102K | 20x | as long as short |
| SunX ADBE-USDT | 0.0000% | 8h | 249.36 | −0.044% | $756 | $341K | 10x | as long as short |
| HTX ADBE-USDT | 0.0000% | 8h | 249.27 | −0.080% | $6K | $38K | 20x | as long as short |
| Extended ADBE_24_5-USD | +0.0040% | 1h | 249.36 | −0.044% | $999 | $2K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ADBEUSDTMshort | +0.0100% | 8h | 249.54 | +0.028% | $265K | $188K | 20x |
Binance ADBEUSDT
KuCoin ADBEUSDTM
Injective ADBE/USDC PERP
Aster ADBEUSDT
Bybit ADBEUSDT
OKX ADBE-USDT-SWAP
Gate ADBE_USDT
Bitget ADBEUSDT
SunX ADBE-USDT
HTX ADBE-USDT
Extended ADBE_24_5-USD