Funding you earn now, next payment 01:00 UTC−0.0233%/8h= −25.5% APRpaid last 24h −0.079%
Price spread now: KuCoin against Deribit+0.022%53s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. KuCoin is 0.022% dearer against Deribit than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8 hours. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BE_USDC-PERPETUAL | 274.69 | 0.0333 | pay 0.0042% / 1h | 53m 23s | $7K | $4K | 10x |
| Short | KuCoin BEUSDTM | 274.75 | 0.0100 | get 0.0100% / 8h | 7h 53m | $371K | $22K | 20x |
Deribit BE_USDC-PERPETUAL
KuCoin BEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Deribit. 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
- −$48.89
- Price spread: +0.022% → 0.000%
- $2.18
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$65.71
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 68 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 68 min ago | 17.20 bp | 114.3 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 274.63 | −0.023% | $346K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.60 | −0.033% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.76 | +0.025% | $1.7M | $2.6M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 275.30 | +0.222% | $1K | $2.5M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.05 | +0.131% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.66 | −0.011% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.83 | +0.051% | $251K | $299K | 10x | as long as short |
| QFEX BE-USD | +0.0037% | 1h | 274.81 | +0.044% | $1.3M | $3.8M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.47 | −0.080% | $115K | $116K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.75 | +0.022% | — | — | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
QFEX BE-USD
Arcus BE-USD
Vest BE-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BEUSDT | +0.0094% | 8h | 274.88 | +0.069% | $8.5M | $36.6M | 25x | as long as short |
| Extended BE-USD | +0.0096% | 1h | 274.76 | +0.025% | $46K | $266K | 10x | as long as short |
| KuCoin BEUSDTMshort | +0.0100% | 8h | 274.75 | +0.022% | $371K | $22K | 20x | |
| Aevo BE-PERP | +0.0104% | 1h | 274.31 | −0.138% | — | — | 10x | as long as short |
| Bybit BEUSDT | +0.0111% | 8h | 274.71 | +0.007% | $2.0M | $1.2M | 25x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0128% | 1h | 273.32 | −0.499% | $467K | $112K | 10x | as long as short |
| BloFin BE-USDT | +0.0211% | 8h | 274.86 | +0.062% | $45K | $142K | 20x | as long as short |
| OKX BE-USDT-SWAP | +0.0255% | 8h | 274.85 | +0.058% | $2.6M | $6.8M | 25x | as long as short |
| Deribit BE_USDC-PERPETUALlong | +0.0333% | 1h | 274.69 | long leg | $7K | $4K | 10x | |
| GRVT BE_USDT_Perp | +0.0488% | 8h | 274.84 | +0.054% | $6K | $182K | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0719% | 1h | 274.64 | −0.018% | $5.9M | $2.9M | 10x | as long as short |
Binance BEUSDT
Extended BE-USD
Aevo BE-PERP
Bybit BEUSDT
Coinbase International BE-PERP-INTX
BloFin BE-USDT
OKX BE-USDT-SWAP
GRVT BE_USDT_Perp
tradeXYZ xyz:BE