Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.008%
Price spread now: KuCoin against Phemex−0.595%7-day average −0.340% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,675as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,716as in the Price arb table
costs, in and out, $10k−$1,69016.901% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 4 days (all we have)+0.454%+$45 · spread now −0.595%, 7d avg −0.340%
=Funding pays, the price is against you. KuCoin is 0.256% cheaper against Phemex than usual: you would sell low and buy high (spread −0.595% now, against its 7-day average of −0.340%). If the spread goes back, that is −$26 on $10k: about 8.5 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 | Phemex DISUSDT | 104.12 | 0 | get 0.0000% / 8h | 4h 13m | $1.3M | $21K | 10x |
| Short | KuCoin DISUSDTM | 103.50 | 0.0100 | get 0.0100% / 8h | 4h 13m | $270K | $733K | 20x |
Phemex DISUSDT
KuCoin DISUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Phemex. 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: −0.595% → −0.340%
- −$25.58
- Slippage, 4 orders
- −$1,666.1
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,694.67
- Costs to cover
- 16.901%
- Break-even
- 571.9 days
Slippage from Phemex: live order book, 5 min ago; KuCoin: 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 Phemex live order book, 5 min ago | 3.36 bp | 49.6 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 14.97 bp | 356.9 bp −$357 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster DISUSDT | 0.0000% | 8h | 104.13 | +0.009% | $4K | $277 | 20x | as long as short |
| Binance DISUSDT | 0.0000% | 8h | 104.15 | +0.027% | $552K | $274K | 20x | as long as short |
| Gate DIS_USDT | 0.0000% | 8h | 104.09 | −0.029% | $364K | $1K | 20x | as long as short |
| Variational Omni DIS | 0.0000% | 8h | 104.13 | +0.011% | $14K | $53K | — | as long as short |
| GRVT DIS_USDT_Perp | 0.0000% | 8h | 104.14 | +0.019% | $1K | $173K | 10x | as long as short |
| SunX DIS-USDT | 0.0000% | 8h | 104.14 | +0.019% | $1K | $824K | 10x | as long as short |
| HTX DIS-USDT | 0.0000% | 8h | 104.09 | −0.029% | $6K | $3K | 10x | as long as short |
| Phemex DISUSDTlong | 0.0000% | 8h | 104.12 | long leg | $1.3M | $21K | 10x | |
| Injective DIS/USDC PERP | +0.0033% | 1h | 103.66 | −0.442% | $2K | $11K | 12x | as long as short |
| KuCoin DISUSDTMshort | +0.0100% | 8h | 103.50 | −0.595% | $270K | $733K | 20x |
Aster DISUSDT
Binance DISUSDT
Gate DIS_USDT
Variational Omni DIS
GRVT DIS_USDT_Perp
SunX DIS-USDT
HTX DIS-USDT
Injective DIS/USDC PERP