Funding you earn now, next payment 08:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.38 per $10,000 · paid last 24h −0.021%
Price spread now: KuCoin against Binance−0.521%7-day average −0.361% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,526as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,530as in the Price arb table
costs, in and out, $10k−$1,51415.137% of the position
Funding, last 7 days−0.125%−$13 on $10k
+Price spread, last 2 days (all we have)+0.048%+$5 · spread now −0.521%, 7d avg −0.361%
=Funding pays, the price is against you. KuCoin is 0.160% cheaper against Binance than usual: you would sell low and buy high (spread −0.521% now, against its 7-day average of −0.361%). If the spread goes back, that is −$16 on $10k: about 14 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.125%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DISUSDT | 104.20 | 0 | get 0.0000% / 8h | 13m 14s | $552K | $262K | 20x |
| Short | KuCoin DISUSDTM | 103.66 | 0.0038 | get 0.0038% / 8h | 13m 14s | $272K | $750K | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.98
- Price spread: −0.521% → −0.361%
- −$16.03
- Slippage, 4 orders
- −$1,491.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,521.75
- Costs to cover
- 15.137%
- Break-even
- 1341.9 days
Slippage from Binance: live order book, 64 min ago; KuCoin: live order book, 41 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, 64 min ago | 1.44 bp | 19.2 bp −$19 | 98.4 bp −$984 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 41 min ago | 17.42 bp | 304.4 bp −$304 | doesn't fit | doesn't fit | doesn't fit |
DIS on 10 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 DISUSDT | −0.0497% | 8h | 104.19 | −0.013% | $1.3M | $20K | 10x | as long as short |
| Aster DISUSDT | 0.0000% | 8h | 104.13 | −0.067% | $4K | $277 | 20x | as long as short |
| Binance DISUSDTlong | 0.0000% | 8h | 104.20 | long leg | $552K | $262K | 20x | |
| Gate DIS_USDT | 0.0000% | 8h | 104.20 | −0.003% | $365K | $1K | 20x | as long as short |
| Variational Omni DIS | 0.0000% | 8h | 104.18 | −0.020% | $14K | $49K | — | as long as short |
| GRVT DIS_USDT_Perp | 0.0000% | 8h | 104.13 | −0.067% | $941 | $153K | 10x | as long as short |
| SunX DIS-USDT | 0.0000% | 8h | 104.19 | −0.013% | $978 | $634K | 10x | as long as short |
| HTX DIS-USDT | 0.0000% | 8h | 103.98 | −0.214% | $6K | $4K | 10x | as long as short |
| Injective DIS/USDC PERP | +0.0033% | 1h | 103.66 | −0.521% | $2K | $11K | 12x | as long as short |
| KuCoin DISUSDTMshort | +0.0038% | 8h | 103.66 | −0.521% | $272K | $750K | 20x |
Binance DISUSDT
KuCoin DISUSDTM
Phemex DISUSDT
Aster DISUSDT
Gate DIS_USDT
Variational Omni DIS
GRVT DIS_USDT_Perp
SunX DIS-USDT
HTX DIS-USDT
Injective DIS/USDC PERP