Funding you earn now, next payment 08:00 UTC+0.0266%/8h= +29.2% APRnext payment +$2.66 per $10,000 · paid last 24h −0.115%
Price spread now: Binance against KuCoin+0.068%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$939as in the Funding arb table
Net, price: spread back to 7d avg − costs−$960as in the Price arb table
costs, in and out, $10k−$9679.669% of the position
Funding, last 7 days+0.283%+$28 on $10k
+Price spread, last 4 days (all we have)+0.621%+$62 · spread now +0.068%, 7d avg +0.003%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.065% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BOTUSDTM | 29.360 | −0.1039 | get 0.1039% / 8h | 3h 28m | $95K | $289K | 20x |
| Short | Binance BOTUSDT | 29.380 | −0.0773 | pay 0.0773% / 8h | 3h 28m | $450K | $1.2M | 10x |
KuCoin BOTUSDTM
Binance BOTUSDTFunding 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
- $55.95
- Price spread: +0.068% → +0.003%
- $6.52
- Slippage, 4 orders
- −$944.9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$904.42
- Costs to cover
- 9.669%
- Break-even
- 120.1 days
Slippage from KuCoin: live order book, 43 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, 43 min ago | 20.35 bp | 406.3 bp −$406 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 3.41 bp | 35.7 bp −$36 | 360.9 bp −$3,609 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BOT | −0.1652% | 1h | 29.374 | +0.048% | $3.1M | $771K | 10x | as long as short |
| KuCoin BOTUSDTMlong | −0.1039% | 8h | 29.360 | long leg | $95K | $289K | 20x | |
| OKX BOT-USDT-SWAP | −0.0994% | 8h | 29.360 | 0.000% | $234K | $213K | 20x | as long as short |
| Binance BOTUSDTshort | −0.0773% | 8h | 29.380 | +0.068% | $450K | $1.2M | 10x | |
| Variational Omni BOT | −0.0690% | 8h | 29.370 | +0.034% | $31K | $14K | — | as long as short |
| QFEX BOT-USD | −0.0080% | 1h | 29.360 | 0.000% | $1.2M | $515K | 10x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.360 | 0.000% | $509K | $555K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.370 | +0.034% | $254K | $234K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.420 | +0.204% | $246K | $120K | 5x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.500 | +0.477% | $68K | $1K | 3x | as long as short |
tradeXYZ xyz:BOT
OKX BOT-USDT-SWAP
Variational Omni BOT
QFEX BOT-USD
Bybit BOTUSDT
Gate BOT_USDT
Bitget BOTUSDT
Lighter BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | +0.0040% | 1h | 29.320 | −0.136% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.380 | +0.068% | $3K | $34K | 10x | as long as short |
Arcus BOT-USD
HTX BOT-USDT