Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h 0.000%
Price spread now: KuCoin against tradeXYZ+0.036%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1981.977% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.036%, 7d avg +0.024%
=Together, before fees+0.150%+ Points / potential airdroptradeXYZ: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BE | 274.80 | 0.0050 | pay 0.0006% / 1h | 51m 11s | $5.9M | $2.8M | 10x |
| Short | KuCoin BEUSDTM | 274.90 | 0.0100 | get 0.0100% / 8h | 5h 51m | $371K | $22K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against tradeXYZ. 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
- $10.5
- Price spread: +0.036% → +0.024%
- $1.26
- Slippage, 4 orders
- −$167.72
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$185.95
- Costs to cover
- 1.977%
- Break-even
- 131.0 days
Slippage from tradeXYZ: live order book, 7 min ago; KuCoin: live order book, 46 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 tradeXYZ live order book, 7 min ago | 0.91 bp | 17.7 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 46 min ago | 18.84 bp | 94.6 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
BE on 20 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 | 274.71 | −0.032% | $346K | $119K | 20x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 275.18 | +0.138% | $2.0M | $1.1M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.70 | −0.036% | $1.5M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.88 | +0.029% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 274.99 | +0.068% | $7K | $166K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 275.00 | +0.073% | $1K | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.04 | +0.087% | $13K | $34K | 20x | as long as short |
| QFEX BE-USD | +0.0012% | 1h | 274.97 | +0.062% | $1.3M | $3.0M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0016% | 1h | 273.08 | −0.626% | $473K | $130K | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.84 | +0.015% | — | — | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 274.97 | +0.062% | $251K | $289K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.73 | −0.025% | $115K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.92 | +0.044% | — | — | 10x | as long as short |
| tradeXYZ xyz:BElong | +0.0050% | 1h | 274.80 | long leg | $5.9M | $2.8M | 10x | |
| Binance BEUSDT | +0.0084% | 8h | 275.10 | +0.109% | $8.4M | $36.1M | 25x | as long as short |
| Extended BE-USD | +0.0088% | 1h | 274.98 | +0.065% | $46K | $262K | 10x | as long as short |
| KuCoin BEUSDTMshort | +0.0100% | 8h | 274.90 | +0.036% | $371K | $22K | 20x | |
| Aevo BE-PERP | +0.0104% | 1h | 275.00 | +0.071% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0141% | 8h | 275.00 | +0.073% | $2.6M | $6.7M | 25x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0478% | 1h | 275.07 | +0.098% | $7K | $4K | 10x | as long as short |
tradeXYZ xyz:BE
KuCoin BEUSDTM
Aster BEUSDT
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Coinbase International BE-PERP-INTX
Lighter BE
Lighter RH BE
Binance BEUSDT
Extended BE-USD
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL