Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.025%
Price spread now: Binance against KuCoin+0.033%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$706as in the Funding arb table
Net, price: spread back to 7d avg − costs−$678as in the Price arb table
costs, in and out, $10k−$6826.816% of the position
Funding, last 7 days−0.244%−$24 on $10k
+Price spread, last 4 days (all we have)+0.294%+$29 · spread now +0.033%, 7d avg +0.001%
=The price spread pays, funding is against you. Binance is 0.032% dearer against KuCoin than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of +0.001%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KLACUSDTM | 183.30 | 0.0100 | pay 0.0100% / 8h | 5h 07m | $207K | $1.0M | 20x |
| Short | Binance KLACUSDT | 183.36 | 0 | get 0.0000% / 8h | 5h 07m | $1.2M | $1.4M | 20x |
KuCoin KLACUSDTM
Binance KLACUSDTFunding 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: +0.033% → +0.001%
- $3.2
- Slippage, 4 orders
- −$659.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$699.38
- Costs to cover
- 6.816%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 3 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, 5 min ago | 8.19 bp | 251.6 bp −$252 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 4.91 bp | 25.1 bp −$25 | 86.2 bp −$862 | doesn't fit | doesn't fit |
KLAC on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KLACUSDTshort | 0.0000% | 8h | 183.36 | +0.033% | $1.2M | $1.4M | 20x | |
| Bybit KLACUSDT | 0.0000% | 8h | 183.34 | +0.022% | $324K | $324K | 25x | as long as short |
| OKX KLAC-USDT-SWAP | 0.0000% | 8h | 183.26 | −0.022% | $380K | $223K | 20x | as long as short |
| Gate KLAC_USDT | 0.0000% | 8h | 183.25 | −0.027% | $472K | $32K | 20x | as long as short |
| Bitget KLACUSDT | 0.0000% | 8h | 183.30 | 0.000% | $784K | $270K | 20x | as long as short |
| Variational Omni KLAC | 0.0000% | 8h | 183.32 | +0.009% | $20K | $19K | — | as long as short |
| Extended KLAC_24_5-USD | +0.0040% | 1h | 183.22 | −0.045% | $5K | — | 10x | as long as short |
| Vest KLAC-USD-PERP | +0.0046% | 1h | 183.48 | +0.098% | — | $6K | 10x | as long as short |
| KuCoin KLACUSDTMlong | +0.0100% | 8h | 183.30 | long leg | $207K | $1.0M | 20x | |
| HTX KLAC-USDT | +0.0100% | 8h | 183.36 | +0.033% | $9K | $356K | 10x | as long as short |
Bybit KLACUSDT
OKX KLAC-USDT-SWAP
Gate KLAC_USDT
Bitget KLACUSDT
Variational Omni KLAC
Extended KLAC_24_5-USD
Vest KLAC-USD-PERP
HTX KLAC-USDT