Funding you earn now, next payment 08:00 UTC+0.1795%/8h= +196.6% APRpaid last 24h +0.077%
Price spread now: Binance against KuCoin−0.081%7-day average +0.044% · you buy dearer than you sell
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+0.082%+$8 · spread now −0.081%, 7d avg +0.044%
=Funding pays, the price is against you. Binance is 0.125% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of +0.044%). If the spread goes back, that is −$13 on $10k: about 6 hours of funding at the current rate (+$54 a day). At the pace of the last 7 days (+0.032% in total) that is about 28 days.
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 | KuCoin BYDUSDTM | 10.352 | 0.0100 | pay 0.0100% / 8h | 2h 11m | $13K | $1.7M | 20x |
| Short | Binance BYDUSDT | 10.344 | 0.1895 | get 0.0948% / 4h | 2h 11m | $1.5M | $876K | 20x |
Funding 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
- $377.05
- Price spread: −0.081% → +0.044%
- −$12.52
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $342.53
- Costs to cover
- 0.220%
- Break-even
- 0.6 days
Slippage unknown: KuCoin: live order book, 5 min ago; Binance: live order book, 7 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 KuCoin live order book, 5 min ago | 15.48 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 4.84 bp | 20.2 bp −$20 | 72.4 bp −$724 | 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 | 10.340 | −0.116% | — | $2.1M | 10x | as long as short |
| HTX BYD-USDT | 0.0000% | 4h | 10.350 | −0.019% | $9K | $266K | 20x | as long as short |
| Gate BYD_USDT | +0.0093% | 8h | 10.396 | +0.425% | $155K | $53K | 20x | as long as short |
| KuCoin BYDUSDTMlong | +0.0100% | 8h | 10.352 | long leg | $13K | $1.7M | 20x | |
| Bybit BYDUSDT | +0.0119% | 8h | 10.350 | −0.019% | $78K | $13K | 25x | as long as short |
| edgeX BYDUSDC | +0.0442% | 4h | 10.337 | −0.141% | $43K | $428K | 10x | as long as short |
| Bitget BYDUSDT | +0.1444% | 8h | 10.344 | −0.077% | $150K | $234K | 20x | as long as short |
| Binance BYDUSDTshort | +0.1895% | 4h | 10.344 | −0.081% | $1.5M | $876K | 20x |
KuCoin BYDUSDTM
Binance BYDUSDT
SunX BYD-USDT
HTX BYD-USDT
Gate BYD_USDT
Bybit BYDUSDT
edgeX BYDUSDC
Bitget BYDUSDT