Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against KuCoin+0.115%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$682as in the Funding arb table
Net, price: spread back to 7d avg − costs−$657as in the Price arb table
costs, in and out, $10k−$6676.671% of the position
Funding, last 7 days−0.153%−$15 on $10k
+Price spread, last 4 days (all we have)+0.253%+$25 · spread now +0.115%, 7d avg +0.019%
=The price spread pays, funding is against you. Binance is 0.097% dearer against KuCoin than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of +0.019%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ADBEUSDTM | 252.64 | 0.0100 | pay 0.0100% / 8h | 7h 43m | $266K | $256K | 20x |
| Short | Binance ADBEUSDT | 252.93 | 0 | get 0.0000% / 8h | 7h 43m | $1.6M | $818K | 20x |
KuCoin ADBEUSDTM
Binance ADBEUSDTFunding 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
- −$21
- Price spread: +0.115% → +0.019%
- $9.65
- Slippage, 4 orders
- −$645.15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$678.49
- Costs to cover
- 6.671%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 48 min ago; Binance: 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 KuCoin live order book, 48 min ago | 8.74 bp | 309.5 bp −$309 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.38 bp | 17.5 bp −$18 | 44.1 bp −$441 | 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 | 248.38 | −1.686% | $17K | $19K | 12x | as long as short |
| Aster ADBEUSDT | 0.0000% | 8h | 252.57 | −0.029% | $7K | $2K | 20x | as long as short |
| Binance ADBEUSDTshort | 0.0000% | 8h | 252.93 | +0.115% | $1.6M | $818K | 20x | |
| Bybit ADBEUSDT | 0.0000% | 8h | 252.99 | +0.139% | $588K | $129K | 25x | as long as short |
| OKX ADBE-USDT-SWAP | 0.0000% | 8h | 253.00 | +0.142% | $511K | $221K | 20x | as long as short |
| Gate ADBE_USDT | 0.0000% | 8h | 252.97 | +0.131% | $344K | $175K | 20x | as long as short |
| Bitget ADBEUSDT | 0.0000% | 8h | 252.46 | −0.071% | $539K | $122K | 20x | as long as short |
| SunX ADBE-USDT | 0.0000% | 8h | 252.72 | +0.032% | $925 | $429K | 10x | as long as short |
| HTX ADBE-USDT | 0.0000% | 8h | 252.95 | +0.123% | $6K | $38K | 20x | as long as short |
| Extended ADBE_24_5-USD | +0.0040% | 1h | 252.64 | 0.000% | $1K | $2K | 10x | as long as short |
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-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ADBEUSDTMlong | +0.0100% | 8h | 252.64 | long leg | $266K | $256K | 20x |