BE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.75 per $10,000 · paid last 24h +0.022%

Price spread now: KuCoin against Binance+0.047%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$249as in the Funding arb table

Net, price: spread back to 7d avg − costs−$261as in the Price arb table

costs, in and out, $10k−$2662.663% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.170%+$17 on $10k

Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.047%, 7d avg −0.002%

Together, before fees+0.015%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.050% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BEUSDT	274.22	0.0025	pay 0.0025% / 8h	3h 27m	$8.5M	$36.7M	25x
Short	KuCoin BEUSDTM	274.35	0.0100	get 0.0100% / 8h	3h 27m	$371K	$20K	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now +0.047%Rate

Funding earned: $15.76
Price spread: +0.047% → −0.002%: $4.96
Slippage, 4 orders: −$244.28
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$245.56
Costs to cover: 2.663%
Break-even: 116.1 days

Slippage from Binance: live order book, 14 min ago; KuCoin: live order book, 45 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, 14 min ago	1.09 bp	11.5 bp −$11	31.9 bp −$319	111.6 bp −$11.2K	doesn't fit
Sell KuCoin live order book, 45 min ago	18.89 bp	158.9 bp −$159	doesn't fit	doesn't fit	doesn't fit

BE on 21 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 BEUSDT	0.0000%	8h	274.10	−0.043%	$345K	$119K	20x	as long as short
Gate BE_USDT	0.0000%	8h	274.20	−0.007%	$1.4M	$3.4M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	274.56	+0.124%	$1.7M	$2.6M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	274.48	+0.095%	$7K	$163K	10x	as long as short
SunX BE-USDT	0.0000%	8h	274.50	+0.102%	$1K	$2.4M	10x	as long as short
HTX BE-USDT	0.0000%	8h	274.54	+0.117%	$13K	$35K	20x	as long as short
Extended BE-USD	+0.0024%	1h	274.22	0.000%	$46K	$260K	10x	as long as short
Binance BEUSDTlong	+0.0025%	8h	274.22	long leg	$8.5M	$36.7M	25x
Lighter BE	+0.0032%	1h	274.06	−0.058%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	274.30	+0.029%	$250K	$290K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit BEUSDT	+0.0032%	8h	274.34	+0.044%	$2.0M	$1.1M	25x	as long as short
QFEX BE-USD	+0.0036%	1h	274.30	+0.029%	$1.3M	$2.6M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	274.16	−0.022%	$114K	$109K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	274.33	+0.040%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	274.20	−0.007%	$5.9M	$2.7M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0064%	1h	273.33	−0.325%	$473K	$132K	10x	as long as short
BloFin BE-USDT	+0.0093%	8h	274.50	+0.102%	$45K	$142K	20x	as long as short
KuCoin BEUSDTMshort	+0.0100%	8h	274.35	+0.047%	$371K	$20K	20x
Aevo BE-PERP	+0.0104%	1h	274.42	+0.072%	—	—	10x	as long as short
OKX BE-USDT-SWAP	+0.0119%	8h	274.40	+0.066%	$2.7M	$6.9M	25x	as long as short
Deribit BE_USDC-PERPETUAL	+0.1100%	1h	274.47	+0.091%	$7K	$4K	10x	as long as short