Funding you earn now, next payment 08:00 UTC−0.0367%/8h= −40.2% APRnext payment −$3.67 per $10,000 · paid last 24h +0.115%
Price spread now: KuCoin against Binance−0.265%7-day average +0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$944as in the Funding arb table
Net, price: spread back to 7d avg − costs−$954as in the Price arb table
costs, in and out, $10k−$9169.162% of the position
Funding, last 7 days−0.283%−$28 on $10k
+Price spread, last 2 days (all we have)+0.415%+$42 · spread now −0.265%, 7d avg +0.111%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and KuCoin is 0.376% cheaper against Binance than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of +0.111%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BOTUSDT | 29.598 | −0.1394 | get 0.1394% / 8h | 6h 03m | $456K | $1.2M | 10x |
| Short | KuCoin BOTUSDTM | 29.520 | −0.1761 | pay 0.1761% / 8h | 6h 03m | $96K | $293K | 20x |
Binance BOTUSDT
KuCoin BOTUSDTMFunding 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
- −$77.08
- Price spread: −0.265% → +0.111%
- −$37.6
- Slippage, 4 orders
- −$894.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,030.85
- Costs to cover
- 9.162%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; KuCoin: live order book, 33 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 | 5.09 bp | 53.0 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 33 min ago | 22.08 bp | 394.1 bp −$394 | doesn't fit | doesn't fit | doesn't fit |
BOT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BOTUSDTMshort | −0.1761% | 8h | 29.520 | −0.265% | $96K | $293K | 20x | |
| Binance BOTUSDTlong | −0.1394% | 8h | 29.598 | long leg | $456K | $1.2M | 10x | |
| Variational Omni BOT | −0.1376% | 8h | 29.605 | +0.022% | $31K | $21K | — | as long as short |
| OKX BOT-USDT-SWAP | −0.0994% | 8h | 29.550 | −0.163% | $235K | $230K | 20x | as long as short |
| QFEX BOT-USD | −0.0320% | 1h | 29.580 | −0.062% | $1.1M | $514K | 10x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.570 | −0.096% | $512K | $535K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.540 | −0.197% | $256K | $249K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.600 | +0.006% | $248K | $127K | 5x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.732 | +0.452% | $68K | $2K | 3x | as long as short |
| Arcus BOT-USD | +0.0040% | 1h | 29.550 | −0.163% | $3K | $9K | 5x | as long as short |
Variational Omni BOT
OKX BOT-USDT-SWAP
QFEX BOT-USD
Bybit BOTUSDT
Gate BOT_USDT
Bitget BOTUSDT
Lighter BOT
Arcus BOT-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BOT | +0.0050% | 1h | 29.565 | −0.113% | $3.1M | $814K | 10x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.631 | +0.110% | $3K | $34K | 10x | as long as short |
tradeXYZ xyz:BOT
HTX BOT-USDT