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: Binance against KuCoin+0.225%7-day average +0.229% · you sell dearer than you buy
Net, funding: paid 7d − costs−$629as in the Funding arb table
Net, price: spread back to 7d avg − costs−$555as in the Price arb table
costs, in and out, $10k−$5545.545% of the position
Funding, last 7 days−0.741%−$74 on $10k
+Price spread, last 2 days (all we have)+0.045%+$5 · spread now +0.225%, 7d avg +0.229%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KOUSDTM | 87.370 | 0.0100 | pay 0.0100% / 8h | 7h 54m | $53K | $2.2M | 20x |
| Short | Binance KOUSDT | 87.566 | 0 | get 0.0000% / 8h | 7h 54m | $792K | $572K | 20x |
KuCoin KOUSDTM
Binance KOUSDTFunding 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: +0.225% → +0.229%
- −$0.44
- Slippage, 4 orders
- −$532.47
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$575.91
- Costs to cover
- 5.545%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 52 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, 2 min ago | 10.88 bp | 301.1 bp −$301 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 52 min ago | 1.71 bp | 14.0 bp −$14 | 64.7 bp −$647 | doesn't fit | doesn't fit |
KO 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KOUSDTshort | 0.0000% | 8h | 87.566 | +0.225% | $792K | $572K | 20x | |
| Bybit KOUSDT | 0.0000% | 8h | 87.440 | +0.080% | $339K | $16K | 25x | as long as short |
| OKX KO-USDT-SWAP | 0.0000% | 8h | 87.520 | +0.172% | $758K | $279K | 20x | as long as short |
| Gate KO_USDT | 0.0000% | 8h | 87.500 | +0.149% | $546K | $14K | 25x | as long as short |
| Bitget KOUSDT | 0.0000% | 8h | 87.460 | +0.103% | $543K | $143K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.590 | +0.252% | $4K | $368K | 10x | as long as short |
| edgeX KOUSDC | +0.0088% | 4h | 87.461 | +0.104% | $88K | $209K | 10x | as long as short |
| KuCoin KOUSDTMlong | +0.0100% | 8h | 87.370 | long leg | $53K | $2.2M | 20x |
Bybit KOUSDT
OKX KO-USDT-SWAP
Gate KO_USDT
Bitget KOUSDT
HTX KO-USDT
edgeX KOUSDC