Funding you earn now, next payment 08:00 UTC−0.0322%/8h= −35.2% APRnext payment −$3.22 per $10,000 · paid last 24h −0.005%
Price spread now: KuCoin against Binance−0.096%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1721.719% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 4 days (all we have)+0.503%+$50 · spread now −0.096%, 7d avg −0.015%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.081% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.015%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.190%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.190% in total (about 9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.22 per $10,000. 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 | Binance DELLUSDT | 572.75 | 0.0422 | pay 0.0422% / 8h | 17m 38s | $18.3M | $66.6M | 20x |
| Short | KuCoin DELLUSDTM | 572.20 | 0.0100 | get 0.0100% / 8h | 17m 38s | $938K | $31K | 20x |
Binance DELLUSDT
KuCoin DELLUSDTMFunding 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
- −$67.55
- Price spread: −0.096% → −0.015%
- −$8.07
- Slippage, 4 orders
- −$149.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$247.55
- Costs to cover
- 1.719%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 7 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, 10 min ago | 0.70 bp | 10.0 bp −$10 | 31.9 bp −$319 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 16.17 bp | 38.3 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
DELL on 20 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 DELLUSDT | 0.0000% | 8h | 572.06 | −0.121% | $20K | $49K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 572.69 | −0.010% | $4.1M | $7.0M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 572.70 | −0.009% | $3.6M | $4.6M | 20x | as long as short |
| Bybit DELLUSDT | +0.0024% | 8h | 572.70 | −0.009% | $6.1M | $4.0M | 50x | as long as short |
| Lighter DELL | +0.0032% | 1h | 572.87 | +0.021% | $33K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.189% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0083% | 1h | 572.09 | −0.115% | $7.5M | $6.9M | 10x | as long as short |
| KuCoin DELLUSDTMshort | +0.0100% | 8h | 572.20 | −0.096% | $938K | $31K | 20x | |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 573.04 | +0.051% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 572.55 | −0.035% | $18K | $58K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Bybit DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DELL-USD | +0.0111% | 1h | 572.50 | −0.044% | $7K | $55K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0184% | 8h | 572.64 | −0.019% | $5.9M | $6.7M | 20x | as long as short |
| edgeX DELLUSDC | +0.0189% | 4h | 572.46 | −0.051% | $5K | $333K | 10x | as long as short |
| Variational Omni DELL | +0.0319% | 8h | 572.69 | −0.010% | $259K | $61K | — | as long as short |
| BloFin DELL-USDT | +0.0411% | 8h | 572.81 | +0.010% | $326K | $233K | 20x | as long as short |
| Binance DELLUSDTlong | +0.0422% | 8h | 572.75 | long leg | $18.3M | $66.6M | 20x | |
| Extended DELL-USD | +0.0424% | 1h | 572.55 | −0.035% | $332K | $2.6M | 10x | as long as short |
| GRVT DELL_USDT_Perp | +0.0464% | 8h | 572.90 | +0.026% | $745 | $146K | 10x | as long as short |
| Nado DELL-PERP | +0.0627% | 1h | 571.97 | −0.135% | $69K | $20K | 10x | as long as short |
| Phoenix DELL | +0.0893% | 1h | 572.68 | −0.012% | $3K | $228K | 10x | as long as short |
Polymarket Perps DELL-USD
OKX DELL-USDT-SWAP
edgeX DELLUSDC
Variational Omni DELL
BloFin DELL-USDT
Extended DELL-USD
GRVT DELL_USDT_Perp
Nado DELL-PERP
Phoenix DELL