Funding you earn now, next payment 04:00 UTC−0.0270%/8h= −29.6% APRnext payment −$1.35 per $10,000 · paid last 24h −0.017%
Price spread now: Binance against KuCoin−0.089%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$533as in the Funding arb table
Net, price: spread back to 7d avg − costs−$519as in the Price arb table
costs, in and out, $10k−$5105.098% of the position
Funding, last 7 days−0.235%−$23 on $10k
+Price spread, last 7 days+0.161%+$16 · spread now −0.089%, 7d avg 0.000%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Binance is 0.089% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HYUNDAIUSDTM | 269.70 | 0.0270 | pay 0.0135% / 4h | 58m 53s | $511K | $1.2M | 20x |
| Short | Binance HYUNDAIUSDT | 269.46 | 0 | get 0.0000% / 4h | 58m 53s | $1.8M | $1.4M | 25x |
KuCoin HYUNDAIUSDTM
Binance HYUNDAIUSDTFunding 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
- −$56.7
- Price spread: −0.089% → 0.000%
- −$8.87
- Slippage, 4 orders
- −$487.8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$575.37
- Costs to cover
- 5.098%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; Binance: live order book, 5 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, 1 min ago | 3.89 bp | 223.4 bp −$223 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 2.41 bp | 17.7 bp −$18 | 72.6 bp −$726 | doesn't fit | doesn't fit |
HYUNDAI 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HYUNDAIUSDT | 0.0000% | 4h | 268.97 | −0.271% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDTshort | 0.0000% | 4h | 269.46 | −0.089% | $1.8M | $1.4M | 25x | |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 269.80 | +0.037% | $859K | $853K | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 269.65 | −0.019% | $824K | $556K | 20x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 269.49 | −0.078% | $1K | $715K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 269.77 | +0.026% | $8K | $29K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 269.46 | −0.089% | $2.3M | $103K | 10x | as long as short |
| OKX HYUNDAI-USDT-SWAP | +0.0049% | 8h | 269.95 | +0.093% | $133K | $114K | 25x | as long as short |
| Bybit HYUNDAIUSDT | +0.0146% | 8h | 269.72 | +0.007% | $154K | $69K | 25x | as long as short |
| GRVT HYUNDAI_USDT_Perp | +0.0262% | 4h | 269.64 | −0.021% | $3K | $136K | 10x | as long as short |
Aster HYUNDAIUSDT
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAP
Bybit HYUNDAIUSDT
GRVT HYUNDAI_USDT_PerpShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYUNDAIUSDTMlong | +0.0270% | 4h | 269.70 | long leg | $511K | $1.2M | 20x | |
| tradeXYZ xyz:HYUNDAI | +0.0996% | 1h | 269.61 | −0.033% | $977K | $1.3M | 10x | as long as short |
tradeXYZ xyz:HYUNDAI