Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against Binance−0.035%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$431as in the Funding arb table
Net, price: spread back to 7d avg − costs−$447as in the Price arb table
costs, in and out, $10k−$4504.503% of the position
Funding, last 7 days+0.195%+$20 on $10k
+Price spread, last 4 days (all we have)+0.422%+$42 · spread now −0.035%, 7d avg −0.068%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.033% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance INTWUSDT | 31.681 | 0 | get 0.0000% / 8h | 1h 47m | $3.1M | $35.3M | 25x |
| Short | KuCoin INTWUSDTM | 31.670 | 0.0100 | get 0.0100% / 8h | 1h 47m | $58K | $109K | 20x |
Binance INTWUSDT
KuCoin INTWUSDTMFunding 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
- $21
- Price spread: −0.035% → −0.068%
- $3.29
- Slippage, 4 orders
- −$428.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$426.05
- Costs to cover
- 4.503%
- Break-even
- 149.0 days
Slippage from Binance: live order book, 9 min ago; KuCoin: live order book, 62 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, 9 min ago | 3.13 bp | 13.7 bp −$14 | 53.2 bp −$532 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 62 min ago | 17.08 bp | 222.3 bp −$222 | doesn't fit | doesn't fit | doesn't fit |
INTW on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget INTWUSDT | −0.2281% | 8h | 31.768 | +0.274% | $262K | $1.6M | 20x | as long as short |
| Binance INTWUSDTlong | 0.0000% | 8h | 31.681 | long leg | $3.1M | $35.3M | 25x | |
| Bybit INTWUSDT | 0.0000% | 8h | 31.660 | −0.067% | $707K | $1.2M | 25x | as long as short |
| OKX INTW-USDT-SWAP | 0.0000% | 8h | 31.700 | +0.059% | $302K | $2.4M | 25x | as long as short |
| Gate INTW_USDT | 0.0000% | 8h | 31.740 | +0.186% | $488K | $2.1M | 25x | as long as short |
| MEXC INTW_USDT | 0.0000% | 8h | 31.740 | +0.186% | $1.3M | $414K | 50x | as long as short |
| HTX INTW-USDT | 0.0000% | 8h | 31.970 | +0.912% | $10K | $8K | 10x | as long as short |
| KuCoin INTWUSDTMshort | +0.0100% | 8h | 31.670 | −0.035% | $58K | $109K | 20x |
Bitget INTWUSDT
Bybit INTWUSDT
OKX INTW-USDT-SWAP
Gate INTW_USDT
MEXC INTW_USDT
HTX INTW-USDT