Funding you earn now, next payment 16:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.31 per $10,000 · paid last 24h +0.009%
Price spread now: Binance against KuCoin−0.170%7-day average +0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$724as in the Funding arb table
Net, price: spread back to 7d avg − costs−$732as 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)+0.208%+$21 · spread now −0.170%, 7d avg +0.112%
=Funding pays, the price is against you. Binance is 0.282% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of +0.112%). If the spread goes back, that is −$28 on $10k: about 30 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.199%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BBXUSDTM | 8.5300 | 0.0100 | pay 0.0100% / 8h | 7h 44m | $136K | $350K | 20x |
| Short | Binance BBXUSDT | 8.5155 | 0.0131 | get 0.0131% / 8h | 7h 44m | $1.2M | $2.0M | 20x |
KuCoin BBXUSDTM
Binance BBXUSDTFunding 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
- $6.57
- Price spread: −0.170% → +0.112%
- −$28.23
- Slippage, 4 orders
- −$682.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$725.68
- Costs to cover
- 7.040%
- Break-even
- 780.1 days
Slippage from KuCoin: live order book, 48 min ago; Binance: live order book, 4 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, 48 min ago | 5.84 bp | 348.5 bp −$349 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.76 bp | 28.0 bp −$28 | 82.0 bp −$820 | 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 | 8.5175 | −0.146% | $4K | $7K | 20x | as long as short |
| Bybit BBXUSDT | 0.0000% | 8h | 8.5190 | −0.129% | $434K | $249K | 25x | as long as short |
| GRVT BBX_USDT_Perp | 0.0000% | 8h | 8.5100 | −0.234% | $439 | $125K | 10x | as long as short |
| SunX BBX-USDT | 0.0000% | 8h | 8.5100 | −0.234% | $774 | $586K | 10x | as long as short |
| HTX BBX-USDT | 0.0000% | 8h | 8.5200 | −0.117% | $7K | $2K | 10x | as long as short |
| Variational Omni BBX | +0.0006% | 8h | 8.5136 | −0.192% | $143K | $9K | — | as long as short |
| KuCoin BBXUSDTMlong | +0.0100% | 8h | 8.5300 | long leg | $136K | $350K | 20x | |
| Binance BBXUSDTshort | +0.0131% | 8h | 8.5155 | −0.170% | $1.2M | $2.0M | 20x | |
| Nado BBX-PERP | +0.0277% | 1h | 8.5072 | −0.267% | $59K | $13K | 3x | as long as short |
Aster BBXUSDT
Bybit BBXUSDT
GRVT BBX_USDT_Perp
SunX BBX-USDT
HTX BBX-USDT
Variational Omni BBX
Nado BBX-PERP