Settings8H · net · $10k
Funding arb · Price arb /

KO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against Binance−0.240%7-day average −0.229% · you buy dearer than you sell
Net, funding: paid 7d − costs−$480as in the Funding arb table
Net, price: spread back to 7d avg − costs−$556as in the Price arb table
costs, in and out, $10k−$5545.545% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.741%+$74 on $10k
Price spread, last 2 days (all we have)−0.030%−$3 · spread now −0.240%, 7d avg −0.229%
Together, before fees+0.711%+$71 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.229%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance KOUSDT87.5900get 0.0000% / 8h7h 53m$793K$572K20x
ShortKuCoin KOUSDTM87.3800.0100get 0.0100% / 8h7h 53m$54K$2.2M20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21
Price spread: −0.240% → −0.229%
−$1.09
Slippage, 4 orders
−$532.47
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$534.56
Costs to cover
5.545%
Break-even
185.2 days
Slippage from Binance: live order book, 53 min ago; KuCoin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 53 min ago1.71 bp11.1 bp −$1164.5 bp −$645doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago10.88 bp228.2 bp −$228doesn't fitdoesn't fitdoesn't fit

KO on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance KOUSDTlong0.0000%8h87.590long leg$793K$572K20x
Bybit KOUSDT0.0000%8h87.450−0.160%$340K$16K25xas long as short
OKX KO-USDT-SWAP0.0000%8h87.520−0.080%$758K$279K20xas long as short
Gate KO_USDT0.0000%8h87.500−0.103%$546K$14K25xas long as short
Bitget KOUSDT0.0000%8h87.480−0.126%$543K$143K20xas long as short
HTX KO-USDT0.0000%8h87.5900.000%$4K$368K10xas long as short
edgeX KOUSDC+0.0088%4h87.461−0.148%$88K$209K10xas long as short
KuCoin KOUSDTMshort+0.0100%8h87.380−0.240%$54K$2.2M20x