COST

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.026%

Price spread now: KuCoin against Binance−0.148%7-day average −0.088% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,397as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,412as in the Price arb table

costs, in and out, $10k−$1,40614.058% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.090%+$9 on $10k

Price spread, last 7 days−0.009%−$1 · spread now −0.148%, 7d avg −0.088%

Together, before fees+0.081%+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.060% cheaper against Binance than usual: you would sell low and buy high (spread −0.148% now, against its 7-day average of −0.088%). If the spread goes back, that is −$6 on $10k: about 48 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.090% in total) that is about 4.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance COSTUSDT	899.33	0	get 0.0000% / 8h	3h 45m	$1.1M	$917K	20x
Short	KuCoin COSTUSDTM	898.00	0.0100	get 0.0100% / 8h	3h 45m	$47K	$886K	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.148%Rate

Funding earned: $21
Price spread: −0.148% → −0.088%: −$5.95
Slippage, 4 orders: −$1,383.84
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,390.79
Costs to cover: 14.058%
Break-even: 470.6 days

Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 54 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, 2 min ago	1.22 bp	11.6 bp −$12	49.4 bp −$494	doesn't fit	doesn't fit
Sell KuCoin live order book, 54 min ago	16.69 bp	312.8 bp −$313	doesn't fit	doesn't fit	doesn't fit

COST on 15 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
Aster COSTUSDT	0.0000%	8h	899.47	+0.016%	$45K	$178	20x	as long as short
Binance COSTUSDTlong	0.0000%	8h	899.33	long leg	$1.1M	$917K	20x
Bybit COSTUSDT	0.0000%	8h	899.64	+0.034%	$491K	$219K	25x	as long as short
Gate COST_USDT	0.0000%	8h	899.24	−0.010%	$521K	$7K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	899.03	−0.033%	$403K	$77K	25x	as long as short
Variational Omni COST	0.0000%	8h	899.21	−0.013%	$41K	$14K	—	as long as short
SunX COST-USDT	0.0000%	8h	898.00	−0.148%	$1K	$2.8M	10x	as long as short
HTX COST-USDT	0.0000%	8h	901.21	+0.209%	$10K	$42K	10x	as long as short
QFEX COST-USD	+0.0009%	1h	899.19	−0.016%	$1.1M	$2.6M	10x	as long as short
Injective COST/USDC PERP	+0.0033%	1h	891.98	−0.817%	$2K	$28K	12x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX COST-USDT-SWAP	+0.0035%	8h	898.82	−0.057%	$440K	$115K	10x	as long as short
Extended COST-USD	+0.0040%	1h	898.25	−0.120%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	899.21	−0.013%	—	—	25x	as long as short
tradeXYZ xyz:COST	+0.0050%	1h	898.97	−0.040%	$1.8M	$517K	20x	as long as short
KuCoin COSTUSDTMshort	+0.0100%	8h	898.00	−0.148%	$47K	$886K	20x