Funding you earn now, next payment 16:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h −0.009%
Price spread now: KuCoin against Binance+0.259%7-day average −0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$684as in the Funding arb table
Net, price: spread back to 7d avg − costs−$667as in the Price arb table
costs, in and out, $10k−$7047.040% of the position
Funding, last 7 days+0.199%+$20 on $10k
+Price spread, last 4 days (all we have)−0.298%−$30 · spread now +0.259%, 7d avg −0.112%
=The price spread pays, funding is against you. KuCoin is 0.371% dearer against Binance than usual: you sell high and buy low (spread +0.259% now, against its 7-day average of −0.112%): +$37 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 4 months. Mind the row above: over the last 7 days funding on this pair paid +0.199%, 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 | Binance BBXUSDT | 8.4980 | 0.0111 | pay 0.0111% / 8h | 7h 38m | $1.2M | $2.0M | 20x |
| Short | KuCoin BBXUSDTM | 8.5200 | 0.0100 | get 0.0100% / 8h | 7h 38m | $135K | $349K | 20x |
Binance BBXUSDT
KuCoin BBXUSDTMFunding 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
- −$2.21
- Price spread: +0.259% → −0.112%
- $37.15
- Slippage, 4 orders
- −$682.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$669.08
- Costs to cover
- 7.040%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 54 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, 10 min ago | 1.76 bp | 21.5 bp −$22 | 78.7 bp −$787 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 54 min ago | 5.84 bp | 306.0 bp −$306 | doesn't fit | doesn't fit | doesn't fit |
BBX on 9 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 BBXUSDT | 0.0000% | 8h | 8.5035 | +0.065% | $4K | $7K | 20x | as long as short |
| Bybit BBXUSDT | 0.0000% | 8h | 8.5020 | +0.048% | $433K | $249K | 25x | as long as short |
| Variational Omni BBX | 0.0000% | 8h | 8.5071 | +0.107% | $143K | $9K | — | as long as short |
| GRVT BBX_USDT_Perp | 0.0000% | 8h | 8.5086 | +0.126% | $439 | $125K | 10x | as long as short |
| SunX BBX-USDT | 0.0000% | 8h | 8.5000 | +0.024% | $800 | $586K | 10x | as long as short |
| HTX BBX-USDT | 0.0000% | 8h | 8.5100 | +0.142% | $7K | $2K | 10x | as long as short |
| KuCoin BBXUSDTMshort | +0.0100% | 8h | 8.5200 | +0.259% | $135K | $349K | 20x | |
| Binance BBXUSDTlong | +0.0111% | 8h | 8.4980 | long leg | $1.2M | $2.0M | 20x | |
| Nado BBX-PERP | +0.0429% | 1h | 8.4822 | −0.186% | $59K | $13K | 3x | as long as short |
Aster BBXUSDT
Bybit BBXUSDT
Variational Omni BBX
GRVT BBX_USDT_Perp
SunX BBX-USDT
HTX BBX-USDT
Nado BBX-PERP