Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Binance against KuCoin−0.024%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$558as in the Funding arb table
Net, price: spread back to 7d avg − costs−$557as in the Price arb table
costs, in and out, $10k−$5525.520% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.024%, 7d avg +0.031%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.055% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALABUSDTM | 335.60 | 0.0100 | pay 0.0100% / 8h | 1h 54m | $334K | $33K | 20x |
| Short | Binance ALABUSDT | 335.52 | 0 | get 0.0000% / 8h | 1h 54m | $1.3M | $5.5M | 20x |
KuCoin ALABUSDTM
Binance ALABUSDTFunding 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: −0.024% → +0.031%
- −$5.45
- Slippage, 4 orders
- −$530.01
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$578.46
- Costs to cover
- 5.520%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 63 min ago; Binance: live order book, 13 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, 63 min ago | 14.56 bp | 164.2 bp −$164 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.96 bp | 18.2 bp −$18 | 77.1 bp −$771 | doesn't fit | doesn't fit |
ALAB on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALABUSDT | −0.0704% | 8h | 336.20 | +0.179% | $205K | $157K | 20x | as long as short |
| Binance ALABUSDTshort | 0.0000% | 8h | 335.52 | −0.024% | $1.3M | $5.5M | 20x | |
| Bybit ALABUSDT | 0.0000% | 8h | 335.66 | +0.018% | $451K | $443K | 25x | as long as short |
| OKX ALAB-USDT-SWAP | 0.0000% | 8h | 335.62 | +0.006% | $578K | $468K | 10x | as long as short |
| Gate ALAB_USDT | 0.0000% | 8h | 335.90 | +0.089% | $469K | $344K | 20x | as long as short |
| Variational Omni ALAB | 0.0000% | 8h | 335.68 | +0.024% | $61K | $106K | — | as long as short |
| Phemex ALABUSDT | 0.0000% | 8h | 336.26 | +0.197% | $1.6M | $259K | 10x | as long as short |
| Extended ALAB_24_5-USD | +0.0040% | 1h | 335.56 | −0.012% | $11K | — | 10x | as long as short |
| Vest ALAB-USD-PERP | +0.0046% | 1h | 335.41 | −0.057% | — | — | 5x | as long as short |
| QFEX ALAB-USD | +0.0080% | 1h | 335.37 | −0.069% | $1.1M | $3.5M | 10x | as long as short |
Bitget ALABUSDT
Bybit ALABUSDT
OKX ALAB-USDT-SWAP
Gate ALAB_USDT
Variational Omni ALAB
Phemex ALABUSDT
Extended ALAB_24_5-USD
Vest ALAB-USD-PERP
QFEX ALAB-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALABUSDTMlong | +0.0100% | 8h | 335.60 | long leg | $334K | $33K | 20x | |
| HTX ALAB-USDT | +0.0100% | 8h | 335.68 | +0.024% | $2K | $378K | 10x | as long as short |
| BloFin ALAB-USDT | +0.0120% | 8h | 335.48 | −0.036% | $71K | $104K | 20x | as long as short |
HTX ALAB-USDT
BloFin ALAB-USDT