CSCO

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 −0.030%

Price spread now: Phemex against KuCoin+0.242%7-day average +0.110% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,052as in the Price arb table

costs, in and out, $10k−$1,06510.649% of the position

Long on KuCoin Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.354%−$35 on $10k

Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.242%, 7d avg +0.110%

Together, before fees−0.284%−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phemex is 0.132% dearer against KuCoin than usual: you sell high and buy low (spread +0.242% now, against its 7-day average of +0.110%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CSCOUSDTM	111.45	0.0100	pay 0.0100% / 8h	1h 26m	$328K	$841K	20x
Short	Phemex CSCOUSDT	111.72	0	get 0.0000% / 8h	1h 26m	$1.3M	$40K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against KuCoin. 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 KuCoinbpFee PhemexbpOrdersPrice spread, now +0.242%Rate

Funding earned: −$21
Price spread: +0.242% → +0.110%: $13.23
Slippage, 4 orders: −$1,040.9
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$1,072.68
Costs to cover: 10.649%
Break-even: never at this rate

Slippage from KuCoin: live order book, 38 min ago; Phemex: live order book, 1 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, 38 min ago	22.38 bp	675.8 bp −$676	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 1 min ago	1.79 bp	64.4 bp −$64	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	111.66	+0.187%	$4K	$6K	20x	as long as short
Binance CSCOUSDT	0.0000%	8h	111.73	+0.251%	$739K	$508K	20x	as long as short
Bybit CSCOUSDT	0.0000%	8h	111.67	+0.197%	$411K	$32K	25x	as long as short
OKX CSCO-USDT-SWAP	0.0000%	8h	111.61	+0.144%	$270K	$159K	20x	as long as short
Gate CSCO_USDT	0.0000%	8h	111.60	+0.135%	$305K	$9K	25x	as long as short
Bitget CSCOUSDT	0.0000%	8h	111.74	+0.260%	$321K	$85K	20x	as long as short
Variational Omni CSCO	0.0000%	8h	111.61	+0.144%	$39K	$40K	—	as long as short
GRVT CSCO_USDT_Perp	0.0000%	8h	111.66	+0.188%	$473	$171K	10x	as long as short
SunX CSCO-USDT	0.0000%	8h	111.75	+0.269%	$1K	$1.4M	10x	as long as short
HTX CSCO-USDT	0.0000%	8h	111.82	+0.332%	$6K	$3K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CSCOUSDTshort	0.0000%	8h	111.72	+0.242%	$1.3M	$40K	10x
KuCoin CSCOUSDTMlong	+0.0100%	8h	111.45	long leg	$328K	$841K	20x
Extended CSCO_24_5-USD	+0.0104%	1h	111.52	+0.063%	$233K	$2K	10x	as long as short