Funding you earn now, next payment 08:00 UTC−0.0455%/8h= −49.8% APRnext payment −$4.55 per $10,000 · paid last 24h −0.095%
Price spread now: KuCoin against Binance−0.196%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$650.647% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 2 days (all we have)+0.060%+$6 · spread now −0.196%, 7d avg −0.070%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and KuCoin is 0.126% cheaper against Binance than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.070%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.031% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.55 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AMDUSDT | 622.90 | 0.0555 | pay 0.0555% / 8h | 7h 57m | $75.9M | $192.0M | 25x |
| Short | KuCoin AMDUSDTM | 621.68 | 0.0100 | get 0.0100% / 8h | 7h 57m | $1.9M | $312K | 20x |
Binance AMDUSDT
KuCoin AMDUSDTMFunding 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
- −$95.58
- Price spread: −0.196% → −0.070%
- −$12.58
- Slippage, 4 orders
- −$42.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$172.87
- Costs to cover
- 0.647%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; KuCoin: live order book, 9 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, 1 min ago | 0.08 bp | 8.3 bp −$8 | 20.5 bp −$205 | 80.1 bp −$8,007 | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 8.22 bp | 31.0 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
AMD on 31 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 AMDUSDC | −0.0610% | 4h | 620.70 | −0.353% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 623.01 | +0.018% | $1K | $8.9M | 10x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 621.99 | −0.146% | $1.8M | $460K | 10x | as long as short |
| HTX AMD-USDT | +0.0024% | 8h | 622.68 | −0.035% | $132K | $580K | 20x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.795% | $5K | $55K | 12x | as long as short |
| Lighter RH AMD | +0.0040% | 1h | 622.43 | −0.075% | $851K | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 623.51 | +0.098% | — | $924K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 621.39 | −0.242% | $1.5M | $4.9M | 10x | as long as short |
| Lighter AMD | +0.0080% | 1h | 622.44 | −0.074% | $531K | $2.3M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 623.16 | +0.042% | $2.3M | $13.6M | 10x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
Phemex AMDUSDT
HTX AMD-USDT
Injective AMD/USDC PERP
Lighter RH AMD
Vest AMD-USD-PERP
Ondo Perps AMD-USD.P
Lighter AMD
QFEX AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AMDUSDTMshort | +0.0100% | 8h | 621.68 | −0.196% | $1.9M | $312K | 20x | |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 620.32 | −0.414% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.20 | −0.112% | $380 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0112% | 1h | 620.37 | −0.406% | $311K | $1.8M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0185% | 8h | 622.60 | −0.048% | $6.9M | $28.3M | 25x | as long as short |
| Phoenix AMD | +0.0207% | 1h | 620.86 | −0.328% | $2K | $92K | 10x | as long as short |
| Aster AMDUSDT | +0.0214% | 8h | 621.87 | −0.165% | $72K | $416K | 50x | as long as short |
| Aevo AMD-PERP | +0.0216% | 1h | 621.16 | −0.280% | $11K | — | 10x | as long as short |
| Nado AMD-PERP | +0.0341% | 1h | 622.74 | −0.025% | $319K | $166K | 10x | as long as short |
| Gate AMD_USDT | +0.0399% | 8h | 622.72 | −0.029% | $4.4M | $13.1M | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0477% | 8h | 620.78 | −0.340% | $18K | $131K | 10x | as long as short |
| Variational Omni AMD | +0.0506% | 8h | 620.66 | −0.359% | $2.6M | $3.2M | — | as long as short |
| BloFin AMD-USDT | +0.0545% | 8h | 623.21 | +0.050% | $6K | $548K | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0552% | 1h | 622.76 | −0.022% | $466K | $1.5M | 10x | as long as short |
| Bitget AMDUSDT | +0.0553% | 8h | 622.86 | −0.006% | $10.1M | $17.7M | 20x | as long as short |
| Binance AMDUSDTlong | +0.0555% | 8h | 622.90 | long leg | $75.9M | $192.0M | 25x | |
| Polymarket Perps AMD-USD | +0.0759% | 1h | 621.05 | −0.297% | $396K | $1.5M | 10x | as long as short |
| Arcus AMD-USD | +0.0782% | 1h | 621.17 | −0.278% | $145K | $263K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0843% | 1h | 622.78 | −0.019% | $78K | $156K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0924% | 1h | 621.26 | −0.263% | $24.9M | $94.7M | 10x | as long as short |
| SoDEX AMD-USD | +0.0990% | 1h | 622.46 | −0.071% | $26K | $24K | 10x | as long as short |
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
OKX AMD-USDT-SWAP
Phoenix AMD
Aster AMDUSDT
Aevo AMD-PERP
Nado AMD-PERP
Gate AMD_USDT
GRVT AMD_USDT_Perp
Variational Omni AMD
BloFin AMD-USDT
Extended AMD_24_5-USD
Bitget AMDUSDT
Polymarket Perps AMD-USD
Arcus AMD-USD
Deribit AMD_USDC-PERPETUAL
tradeXYZ xyz:AMD
SoDEX AMD-USD