Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.027%
Price spread now: Binance against KuCoin+0.128%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$312as in the Funding arb table
Net, price: spread back to 7d avg − costs−$320as in the Price arb table
costs, in and out, $10k−$3263.262% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)+0.462%+$46 · spread now +0.128%, 7d avg +0.067%
=The price spread pays, funding is against you. Binance is 0.061% dearer against KuCoin than usual: you sell high and buy low (spread +0.128% now, against its 7-day average of +0.067%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.144%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AMATUSDTM | 460.03 | 0.0100 | pay 0.0100% / 8h | 37m 23s | $398K | $538K | 20x |
| Short | Binance AMATUSDT | 460.62 | 0 | get 0.0000% / 8h | 37m 23s | $8.4M | $14.2M | 20x |
Funding 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: +0.128% → +0.067%
- $6.14
- Slippage, 4 orders
- −$304.16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$341.02
- Costs to cover
- 3.262%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 67 min ago; Binance: 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 KuCoin live order book, 67 min ago | 10.24 bp | 182.6 bp −$183 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.63 bp | 10.7 bp −$11 | 42.1 bp −$421 | doesn't fit | doesn't fit |
AMAT on 16 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 AMATUSDT | −0.0424% | 8h | 461.04 | +0.220% | $1.9M | $1.8M | 20x | as long as short |
| Gate AMAT_USDT | −0.0050% | 8h | 460.70 | +0.146% | $1.6M | $6.0M | 50x | as long as short |
| BloFin AMAT-USDT | 0.0000% | 8h | 460.53 | +0.109% | $107K | $120K | 20x | as long as short |
| Aster AMATUSDT | 0.0000% | 8h | 460.57 | +0.118% | $10K | $10K | 20x | as long as short |
| Extended AMAT-USD | 0.0000% | 1h | 460.48 | +0.098% | $5K | $27K | 10x | as long as short |
| Binance AMATUSDTshort | 0.0000% | 8h | 460.62 | +0.128% | $8.4M | $14.2M | 20x | |
| Bybit AMATUSDT | 0.0000% | 8h | 460.64 | +0.133% | $826K | $704K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 461.12 | +0.237% | $1.3M | $1.6M | 20x | as long as short |
| Variational Omni AMAT | 0.0000% | 8h | 461.02 | +0.215% | $62K | $45K | — | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 460.66 | +0.136% | $539 | $112K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:AMAT | 0.0000% | 1h | 460.23 | +0.043% | $2.1M | $2.6M | 10x | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 460.48 | +0.098% | — | — | 10x | as long as short |
| KuCoin AMATUSDTMlong | +0.0100% | 8h | 460.03 | long leg | $398K | $538K | 20x | |
| SunX AMAT-USDT | +0.0100% | 8h | 460.70 | +0.146% | $1K | $381K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 460.87 | +0.183% | $168K | $39K | 20x | as long as short |
| Phoenix AMAT | +0.0174% | 1h | 460.72 | +0.150% | $18K | $114K | 10x | as long as short |
KuCoin AMATUSDTM
Binance AMATUSDT
Bitget AMATUSDT
Gate AMAT_USDT
BloFin AMAT-USDT
Aster AMATUSDT
Extended AMAT-USD
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Variational Omni AMAT
GRVT AMAT_USDT_Perp
tradeXYZ xyz:AMAT
SunX AMAT-USDT
HTX AMAT-USDT
Phoenix AMAT