Funding you earn now, next payment 16:00 UTC+0.0161%/8h= +17.7% APRnext payment +$1.61 per $10,000 · paid last 24h +0.031%
Price spread now: Binance against KuCoin+0.153%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1661.659% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.015%+$2 · spread now +0.153%, 7d avg +0.096%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.057% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.096%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 117.99 | 0.0100 | pay 0.0100% / 8h | 7h 00m | $616K | $446K | 20x |
| Short | Binance BABAUSDT | 118.17 | 0.0261 | get 0.0261% / 8h | 7h 00m | $15.5M | $31.1M | 20x |
KuCoin BABAUSDTM
Binance BABAUSDTFunding 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
- $33.87
- Price spread: +0.153% → +0.096%
- $5.7
- Slippage, 4 orders
- −$143.85
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$126.28
- Costs to cover
- 1.659%
- Break-even
- 33.1 days
Slippage from KuCoin: live order book, 24 min ago; Binance: live order book, 11 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, 24 min ago | 20.94 bp | 101.6 bp −$102 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.28 bp | 9.7 bp −$10 | 21.9 bp −$219 | 95.5 bp −$9,551 | doesn't fit |
BABA on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BABAUSDT | 0.0000% | 8h | 118.20 | +0.178% | $69K | $39K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.19 | +0.170% | $2.1M | $700K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.20 | +0.178% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 118.14 | +0.127% | $2.4M | $2.0M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.24 | +0.212% | $715 | $2.7M | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.32 | +0.280% | $377K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.22 | +0.195% | $440K | $495K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.822% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.12 | +0.110% | $71K | $136K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.29 | +0.254% | — | $19K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USD
Vest BABA-USD-PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.09 | +0.085% | $8K | $280K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.16 | +0.144% | $232K | $404K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 118.18 | +0.161% | $1.2M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0085% | 1h | 118.10 | +0.093% | $12.1M | $4.7M | 10x | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 117.99 | long leg | $616K | $446K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.16 | +0.144% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0210% | 8h | 118.21 | +0.189% | $340K | $664K | — | as long as short |
| HTX BABA-USDT | +0.0221% | 8h | 118.17 | +0.153% | $30K | $19K | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0256% | 1h | 118.16 | +0.141% | $45K | $311K | 10x | as long as short |
| Binance BABAUSDTshort | +0.0261% | 8h | 118.17 | +0.153% | $15.5M | $31.1M | 20x | |
| Phoenix BABA | +0.0273% | 1h | 118.17 | +0.153% | $66K | $89K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0502% | 8h | 118.22 | +0.192% | $3K | $180K | 10x | as long as short |
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
tradeXYZ xyz:BABA
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
HTX BABA-USDT
Extended BABA_24_5-USD
Phoenix BABA
GRVT BABA_USDT_Perp