Funding you earn now, next payment 08:00 UTC−0.0193%/8h= −21.2% APRnext payment −$1.93 per $10,000 · paid last 24h −0.178%
Price spread now: Binance against KuCoin−0.153%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$915as in the Funding arb table
Net, price: spread back to 7d avg − costs−$828as in the Price arb table
costs, in and out, $10k−$8158.147% of the position
Funding, last 7 days−1.005%−$101 on $10k
+Price spread, last 7 days+0.229%+$23 · spread now −0.153%, 7d avg −0.016%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Binance is 0.138% cheaper against KuCoin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GPROUSDTM | 1.3040 | 0.1373 | pay 0.1373% / 8h | 3h 24m | $64K | $1.4M | 20x |
| Short | Binance GPROUSDT | 1.3020 | 0.1180 | get 0.1180% / 8h | 3h 24m | $890K | $1.7M | 20x |
KuCoin GPROUSDTM
Binance GPROUSDTFunding 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
- −$40.57
- Price spread: −0.153% → −0.016%
- −$13.75
- Slippage, 4 orders
- −$792.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$868.98
- Costs to cover
- 8.147%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Binance: live order book, 9 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, 6 min ago | 19.16 bp | 331.3 bp −$331 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 7.68 bp | 36.9 bp −$37 | 152.4 bp −$1,524 | doesn't fit | doesn't fit |
GPRO on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GPROUSDT | 0.0000% | 8h | 1.3073 | +0.253% | $360K | $226K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.460% | $1.2M | $33K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3027 | −0.100% | $55K | $130K | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3040 | 0.000% | — | $1.8M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3030 | −0.077% | $8K | $216K | 20x | as long as short |
| Bitget GPROUSDT | +0.0040% | 8h | 1.3043 | +0.023% | $398K | $2.6M | 20x | as long as short |
| Binance GPROUSDTshort | +0.1180% | 8h | 1.3020 | −0.153% | $890K | $1.7M | 20x | |
| Variational Omni GPRO | +0.1190% | 8h | 1.3023 | −0.134% | $37K | $32K | — | as long as short |
| OKX GPRO-USDT-SWAP | +0.1226% | 8h | 1.2980 | −0.460% | $548K | $688K | 10x | as long as short |
| Aster GPROUSD1 | +0.1360% | 8h | 1.3017 | −0.178% | $7.7M | $13.0M | 20x | as long as short |
Bybit GPROUSDT
QFEX GPRO-USD
Gate GPRO_USDT
SunX GPRO-USDT
HTX GPRO-USDT
Bitget GPROUSDT
Variational Omni GPRO
OKX GPRO-USDT-SWAP
Aster GPROUSD1Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTMlong | +0.1373% | 8h | 1.3040 | long leg | $64K | $1.4M | 20x | |
| Entropy io:GPRO | +0.3213% | 1h | 1.3038 | −0.015% | $459K | $30.6M | 5x | as long as short |
Entropy io:GPRO