Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Binance−0.249%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,439as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,475as in the Price arb table
costs, in and out, $10k−$1,45414.541% of the position
Funding, last 7 days+0.154%+$15 on $10k
+Price spread, last 2 days (all we have)+0.223%+$22 · spread now −0.249%, 7d avg −0.045%
=Funding pays, the price is against you. KuCoin is 0.204% cheaper against Binance than usual: you would sell low and buy high (spread −0.249% now, against its 7-day average of −0.045%). If the spread goes back, that is −$20 on $10k: about 6.8 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CSCOUSDT | 111.48 | 0 | get 0.0000% / 8h | 3h 48m | $739K | $443K | 20x |
| Short | KuCoin CSCOUSDTM | 111.20 | 0.0100 | get 0.0100% / 8h | 3h 48m | $327K | $739K | 20x |
Binance CSCOUSDT
KuCoin CSCOUSDTMFunding 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: −0.249% → −0.045%
- −$20.43
- Slippage, 4 orders
- −$1,432.1
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,453.53
- Costs to cover
- 14.541%
- Break-even
- 491.5 days
Slippage from Binance: live order book, 73 min ago; KuCoin: live order book, 26 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 | 2.69 bp | 12.6 bp −$13 | 52.4 bp −$524 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 26 min ago | 17.11 bp | 992.8 bp −$993 | doesn't fit | doesn't fit | doesn't fit |
CSCO on 13 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 CSCOUSDT | 0.0000% | 8h | 111.43 | −0.042% | $4K | $6K | 20x | as long as short |
| Binance CSCOUSDTlong | 0.0000% | 8h | 111.48 | long leg | $739K | $443K | 20x | |
| Bybit CSCOUSDT | 0.0000% | 8h | 111.46 | −0.016% | $415K | $63K | 25x | as long as short |
| OKX CSCO-USDT-SWAP | 0.0000% | 8h | 111.44 | −0.034% | $270K | $162K | 20x | as long as short |
| Gate CSCO_USDT | 0.0000% | 8h | 111.45 | −0.025% | $305K | $7K | 25x | as long as short |
| Bitget CSCOUSDT | 0.0000% | 8h | 111.43 | −0.043% | $329K | $77K | 20x | as long as short |
| Variational Omni CSCO | 0.0000% | 8h | 111.45 | −0.029% | $39K | $8K | — | as long as short |
| GRVT CSCO_USDT_Perp | 0.0000% | 8h | 111.52 | +0.041% | $1K | $188K | 10x | as long as short |
| SunX CSCO-USDT | 0.0000% | 8h | 111.47 | −0.007% | $1K | $1.3M | 10x | as long as short |
| HTX CSCO-USDT | 0.0000% | 8h | 111.64 | +0.145% | $6K | $3K | 10x | as long as short |
Aster CSCOUSDT
Bybit CSCOUSDT
OKX CSCO-USDT-SWAP
Gate CSCO_USDT
Bitget CSCOUSDT
Variational Omni CSCO
GRVT CSCO_USDT_Perp
SunX CSCO-USDT
HTX CSCO-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CSCOUSDT | 0.0000% | 8h | 111.45 | −0.025% | $1.3M | $35K | 10x | as long as short |
| KuCoin CSCOUSDTMshort | +0.0100% | 8h | 111.20 | −0.249% | $327K | $739K | 20x | |
| Extended CSCO_24_5-USD | +0.0104% | 1h | 111.38 | −0.092% | $232K | $2K | 10x | as long as short |
Phemex CSCOUSDT
Extended CSCO_24_5-USD