Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.016%
Price spread now: KuCoin against Binance−0.043%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$596as in the Funding arb table
Net, price: spread back to 7d avg − costs−$625as in the Price arb table
costs, in and out, $10k−$6206.199% of the position
Funding, last 7 days+0.244%+$24 on $10k
+Price spread, last 4 days (all we have)−0.180%−$18 · spread now −0.043%, 7d avg +0.004%
=Funding pays, the price is against you. KuCoin is 0.048% cheaper against Binance than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.004%). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KLACUSDT | 182.73 | 0 | get 0.0000% / 8h | 1h 49m | $1.2M | $1.3M | 20x |
| Short | KuCoin KLACUSDTM | 182.65 | 0.0100 | get 0.0100% / 8h | 1h 49m | $202K | $906K | 20x |
Binance KLACUSDT
KuCoin KLACUSDTMFunding 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: −0.043% → +0.004%
- −$4.77
- Slippage, 4 orders
- −$597.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$603.68
- Costs to cover
- 6.199%
- Break-even
- 208.2 days
Slippage from Binance: live order book, 13 min ago; KuCoin: live order book, 50 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, 13 min ago | 5.73 bp | 24.0 bp −$24 | 99.4 bp −$994 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 50 min ago | 6.85 bp | 230.6 bp −$231 | doesn't fit | doesn't fit | doesn't fit |
KLAC 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget KLACUSDT | −0.0209% | 8h | 182.60 | −0.071% | $698K | $170K | 20x | as long as short |
| Binance KLACUSDTlong | 0.0000% | 8h | 182.73 | long leg | $1.2M | $1.3M | 20x | |
| Bybit KLACUSDT | 0.0000% | 8h | 182.56 | −0.093% | $312K | $720K | 25x | as long as short |
| OKX KLAC-USDT-SWAP | 0.0000% | 8h | 182.60 | −0.071% | $382K | $271K | 20x | as long as short |
| Gate KLAC_USDT | 0.0000% | 8h | 182.37 | −0.197% | $462K | $36K | 20x | as long as short |
| Variational Omni KLAC | 0.0000% | 8h | 182.61 | −0.065% | $20K | $27K | — | as long as short |
| Extended KLAC_24_5-USD | +0.0040% | 1h | 182.37 | −0.199% | $5K | $4K | 10x | as long as short |
| Vest KLAC-USD-PERP | +0.0046% | 1h | 182.27 | −0.251% | — | $6K | 10x | as long as short |
| KuCoin KLACUSDTMshort | +0.0100% | 8h | 182.65 | −0.043% | $202K | $906K | 20x | |
| HTX KLAC-USDT | +0.0100% | 8h | 182.62 | −0.060% | $9K | $353K | 10x | as long as short |
Bitget KLACUSDT
Bybit KLACUSDT
OKX KLAC-USDT-SWAP
Gate KLAC_USDT
Variational Omni KLAC
Extended KLAC_24_5-USD
Vest KLAC-USD-PERP
HTX KLAC-USDT