Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.020%
Price spread now: Binance against KuCoin+0.012%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$309as in the Price arb table
costs, in and out, $10k−$3023.020% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 2 days (all we have)+0.133%+$13 · spread now +0.012%, 7d avg +0.086%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.073% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.086%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ASTSUSDTM | 61.930 | 0.0100 | pay 0.0100% / 8h | 2h 09m | $280K | $37K | 20x |
| Short | Binance ASTSUSDT | 61.937 | 0 | get 0.0000% / 8h | 2h 09m | $2.7M | $4.2M | 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: +0.012% → +0.086%
- −$7.35
- Slippage, 4 orders
- −$280.04
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$330.39
- Costs to cover
- 3.020%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 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, 1 min ago | 32.35 bp | 136.9 bp −$137 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.81 bp | 14.7 bp −$15 | 56.4 bp −$564 | doesn't fit | doesn't fit |
ASTS on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ASTS-USDT | −0.0004% | 8h | 61.920 | −0.016% | $44K | $8K | 20x | as long as short |
| Aster ASTSUSDT | 0.0000% | 8h | 61.898 | −0.052% | $13K | $28K | 20x | as long as short |
| Extended ASTS-USD | 0.0000% | 1h | 61.933 | +0.005% | $8K | $249K | 10x | as long as short |
| Binance ASTSUSDTshort | 0.0000% | 8h | 61.937 | +0.012% | $2.7M | $4.2M | 20x | |
| Bybit ASTSUSDT | 0.0000% | 8h | 61.870 | −0.097% | $717K | $433K | 25x | as long as short |
| OKX ASTS-USDT-SWAP | 0.0000% | 8h | 61.820 | −0.178% | $748K | $760K | 20x | as long as short |
| Gate ASTS_USDT | 0.0000% | 8h | 61.900 | −0.048% | $1.7M | $1.2M | 25x | as long as short |
| Bitget ASTSUSDT | 0.0000% | 8h | 61.900 | −0.048% | $1.2M | $434K | 20x | as long as short |
| GRVT ASTS_USDT_Perp | 0.0000% | 8h | 61.949 | +0.031% | $660 | $191K | 10x | as long as short |
| SunX ASTS-USDT | 0.0000% | 8h | 61.950 | +0.032% | $799 | $816K | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ASTS-USDT | 0.0000% | 8h | 61.930 | 0.000% | $5K | $4K | 20x | as long as short |
| QFEX ASTS-USD | +0.0025% | 1h | 61.910 | −0.032% | $1.1M | $2.0M | 10x | as long as short |
| Lighter RH ASTS | +0.0032% | 1h | 61.929 | −0.002% | $9K | $29K | 10x | as long as short |
| Vest ASTS-USD-PERP | +0.0046% | 1h | 61.920 | −0.016% | — | — | 10x | as long as short |
| KuCoin ASTSUSDTMlong | +0.0100% | 8h | 61.930 | long leg | $280K | $37K | 20x |
KuCoin ASTSUSDTM
Binance ASTSUSDT
BloFin ASTS-USDT
Aster ASTSUSDT
Extended ASTS-USD
Bybit ASTSUSDT
OKX ASTS-USDT-SWAP
Gate ASTS_USDT
Bitget ASTSUSDT
GRVT ASTS_USDT_Perp
SunX ASTS-USDT
HTX ASTS-USDT
Lighter RH ASTS