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: Binance against KuCoin+0.078%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,278as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,257as in the Price arb table
costs, in and out, $10k−$1,26212.624% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 2 days (all we have)+0.006%+$1 · spread now +0.078%, 7d avg +0.021%
=The price spread pays, funding is against you. Binance is 0.057% dearer against KuCoin than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.021%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CSCOUSDTM | 111.49 | 0.0100 | pay 0.0100% / 8h | 7h 52m | $321K | $610K | 20x |
| Short | Binance CSCOUSDT | 111.58 | 0 | get 0.0000% / 8h | 7h 52m | $724K | $468K | 20x |
KuCoin CSCOUSDTM
Binance CSCOUSDTFunding 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
- −$21
- Price spread: +0.078% → +0.021%
- $5.67
- Slippage, 4 orders
- −$1,240.41
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,277.74
- Costs to cover
- 12.624%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 70 min ago; Binance: 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 KuCoin live order book, 70 min ago | 12.10 bp | 914.7 bp −$915 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 54 min ago | 0.45 bp | 17.2 bp −$17 | 53.9 bp −$539 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex CSCOUSDT | −0.0071% | 8h | 111.62 | +0.117% | $1.3M | $36K | 10x | as long as short |
| Aster CSCOUSDT | 0.0000% | 8h | 111.49 | −0.003% | $4K | $6K | 20x | as long as short |
| Binance CSCOUSDTshort | 0.0000% | 8h | 111.58 | +0.078% | $724K | $468K | 20x | |
| Bybit CSCOUSDT | 0.0000% | 8h | 111.46 | −0.027% | $416K | $65K | 25x | as long as short |
| OKX CSCO-USDT-SWAP | 0.0000% | 8h | 111.66 | +0.152% | $286K | $149K | 20x | as long as short |
| Gate CSCO_USDT | 0.0000% | 8h | 111.57 | +0.072% | $302K | $6K | 25x | as long as short |
| Bitget CSCOUSDT | 0.0000% | 8h | 111.46 | −0.027% | $302K | $61K | 20x | as long as short |
| Variational Omni CSCO | 0.0000% | 8h | 111.64 | +0.134% | $37K | $6K | — | as long as short |
| SunX CSCO-USDT | 0.0000% | 8h | 111.57 | +0.072% | $2K | $1.3M | 10x | as long as short |
| HTX CSCO-USDT | 0.0000% | 8h | 111.65 | +0.144% | $6K | $3K | 10x | as long as short |
Phemex CSCOUSDT
Aster CSCOUSDT
Bybit CSCOUSDT
OKX CSCO-USDT-SWAP
Gate CSCO_USDT
Bitget CSCOUSDT
Variational Omni CSCO
SunX CSCO-USDT
HTX CSCO-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CSCOUSDTMlong | +0.0100% | 8h | 111.49 | long leg | $321K | $610K | 20x | |
| Extended CSCO_24_5-USD | +0.0104% | 1h | 111.09 | −0.359% | $234K | $440 | 10x | as long as short |
| GRVT CSCO_USDT_Perp | +0.0907% | 8h | 111.58 | +0.084% | $1K | $214K | 10x | as long as short |
Extended CSCO_24_5-USD
GRVT CSCO_USDT_Perp