Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Binance against KuCoin0.000%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$664as in the Funding arb table
Net, price: spread back to 7d avg − costs−$654as in the Price arb table
costs, in and out, $10k−$6486.480% of the position
Funding, last 7 days−0.160%−$16 on $10k
+Price spread, last 4 days (all we have)−0.277%−$28 · spread now 0.000%, 7d avg +0.057%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.057% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.057%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FLNCUSDTM | 7.3300 | 0.0100 | pay 0.0100% / 8h | 7h 44m | $123K | $194K | 20x |
| Short | Binance FLNCUSDT | 7.3300 | 0 | get 0.0000% / 8h | 7h 44m | $1.8M | $5.0M | 20x |
KuCoin FLNCUSDTM
Binance FLNCUSDTFunding 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: 0.000% → +0.057%
- −$5.66
- Slippage, 4 orders
- −$625.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$674.63
- Costs to cover
- 6.480%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 47 min ago; Binance: live order book, 8 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, 47 min ago | 27.17 bp | 296.2 bp −$296 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 6.83 bp | 15.3 bp −$15 | 71.3 bp −$713 | doesn't fit | doesn't fit |
FLNC on 11 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 FLNCUSDT | 0.0000% | 8h | 7.3337 | +0.051% | $19K | $9K | 20x | as long as short |
| Extended FLNC-USD | 0.0000% | 1h | 7.3281 | −0.027% | $10K | $187K | 10x | as long as short |
| Binance FLNCUSDTshort | 0.0000% | 8h | 7.3300 | 0.000% | $1.8M | $5.0M | 20x | |
| Bybit FLNCUSDT | 0.0000% | 8h | 7.3300 | 0.000% | $431K | $214K | 25x | as long as short |
| OKX FLNC-USDT-SWAP | 0.0000% | 8h | 7.3390 | +0.123% | $383K | $327K | 20x | as long as short |
| Gate FLNC_USDT | 0.0000% | 8h | 7.3300 | 0.000% | $295K | $271K | 20x | as long as short |
| Bitget FLNCUSDT | 0.0000% | 8h | 7.3320 | +0.027% | $245K | $357K | 20x | as long as short |
| GRVT FLNC_USDT_Perp | 0.0000% | 8h | 7.3340 | +0.054% | $23K | $117K | 10x | as long as short |
| SunX FLNC-USDT | 0.0000% | 8h | 7.3400 | +0.136% | $1K | $1.2M | 10x | as long as short |
| HTX FLNC-USDT | 0.0000% | 8h | 7.3600 | +0.409% | $47K | $7K | 10x | as long as short |
Aster FLNCUSDT
Extended FLNC-USD
Bybit FLNCUSDT
OKX FLNC-USDT-SWAP
Gate FLNC_USDT
Bitget FLNCUSDT
GRVT FLNC_USDT_Perp
SunX FLNC-USDT
HTX FLNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FLNCUSDTMlong | +0.0100% | 8h | 7.3300 | long leg | $123K | $194K | 20x |