Funding you earn now, next payment 08:00 UTC−0.1733%/8h= −189.8% APRpaid last 24h −0.077%
Price spread now: KuCoin against Binance+0.272%7-day average −0.043% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 7 days−0.239%−$24 · spread now +0.272%, 7d avg −0.043%
=The price spread pays, funding is against you. KuCoin is 0.315% dearer against Binance than usual: you sell high and buy low (spread +0.272% now, against its 7-day average of −0.043%): +$32 on $10k if it goes back. Holding the pair costs −$52 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.032% in total) that is about 2 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.032% in total (about -1.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BYDUSDT | 10.280 | 0.1884 | pay 0.0942% / 4h | 1h 29m | $1.5M | $901K | 20x |
| Short | KuCoin BYDUSDTM | 10.308 | 0.0151 | get 0.0151% / 8h | 1h 29m | $13K | $1.7M | 20x |
Binance BYDUSDT
KuCoin BYDUSDTMFunding 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
- −$363.99
- Price spread: +0.272% → −0.043%
- $31.5
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$354.49
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 3 min ago; KuCoin: live order book, 6 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 Binance live order book, 3 min ago | 4.86 bp | 22.6 bp −$23 | 62.5 bp −$625 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 6.79 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
BYD on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BYD-USDT | 0.0000% | 4h | 10.280 | 0.000% | — | $2.1M | 10x | as long as short |
| HTX BYD-USDT | 0.0000% | 4h | 10.290 | +0.097% | $9K | $266K | 20x | as long as short |
| Gate BYD_USDT | +0.0047% | 8h | 10.338 | +0.564% | $155K | $55K | 20x | as long as short |
| Bybit BYDUSDT | +0.0142% | 8h | 10.300 | +0.195% | $78K | $13K | 25x | as long as short |
| KuCoin BYDUSDTMshort | +0.0151% | 8h | 10.308 | +0.272% | $13K | $1.7M | 20x | |
| edgeX BYDUSDC | +0.0633% | 4h | 10.283 | +0.031% | $42K | $431K | 10x | as long as short |
| Bitget BYDUSDT | +0.1662% | 8h | 10.286 | +0.058% | $145K | $242K | 20x | as long as short |
| Binance BYDUSDTlong | +0.1884% | 4h | 10.280 | long leg | $1.5M | $901K | 20x |
SunX BYD-USDT
HTX BYD-USDT
Gate BYD_USDT
Bybit BYDUSDT
edgeX BYDUSDC
Bitget BYDUSDT