Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.071%
Price spread now: KuCoin against Binance+0.191%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$967as in the Funding arb table
Net, price: spread back to 7d avg − costs−$917as in the Price arb table
costs, in and out, $10k−$9309.300% of the position
Funding, last 7 days−0.371%−$37 on $10k
+Price spread, last 2 days (all we have)−0.146%−$15 · spread now +0.191%, 7d avg +0.059%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.131% dearer against Binance than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.059%. Mind the row above: over the last 7 days funding on this pair cost −0.371%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BSPUSDT | 38.477 | 0 | get 0.0000% / 8h | 3h 48m | $480K | $691K | 10x |
| Short | KuCoin BSPUSDTM | 38.550 | 0.0100 | get 0.0100% / 8h | 3h 48m | $48K | $155K | 20x |
Binance BSPUSDT
KuCoin BSPUSDTMFunding 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
- $21
- Price spread: +0.191% → +0.059%
- $13.11
- Slippage, 4 orders
- −$907.96
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$895.85
- Costs to cover
- 9.300%
- Break-even
- 305.6 days
Slippage from Binance: live order book, 73 min ago; KuCoin: live order book, 16 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, 73 min ago | 2.60 bp | 30.7 bp −$31 | 94.8 bp −$948 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 16 min ago | 16.85 bp | 575.8 bp −$576 | doesn't fit | doesn't fit | doesn't fit |
BSP on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BSPUSDTlong | 0.0000% | 8h | 38.477 | long leg | $480K | $691K | 10x | |
| Bybit BSPUSDT | 0.0000% | 8h | 38.520 | +0.113% | $380K | $81K | 25x | as long as short |
| OKX BSP-USDT-SWAP | 0.0000% | 8h | 38.500 | +0.061% | $154K | $160K | 10x | as long as short |
| Gate BSP_USDT | 0.0000% | 8h | 38.490 | +0.035% | $251K | $263K | 25x | as long as short |
| Bitget BSPUSDT | 0.0000% | 8h | 38.494 | +0.045% | $100K | $64K | 20x | as long as short |
| KuCoin BSPUSDTMshort | +0.0100% | 8h | 38.550 | +0.191% | $48K | $155K | 20x | |
| HTX BSP-USDT | +0.0100% | 8h | 38.480 | +0.009% | $6K | $41K | 10x | as long as short |
Bybit BSPUSDT
OKX BSP-USDT-SWAP
Gate BSP_USDT
Bitget BSPUSDT
HTX BSP-USDT