Funding you earn now, next payment 08:00 UTC+0.0328%/8h= +35.9% APRnext payment +$1.64 per $10,000 · paid last 24h +0.011%
Price spread now: Binance against KuCoin−0.099%7-day average +0.163% · you buy dearer than you sell
Net, funding: paid 7d − costs−$777as in the Funding arb table
Net, price: spread back to 7d avg − costs−$836as in the Price arb table
costs, in and out, $10k−$8108.097% of the position
Funding, last 7 days+0.328%+$33 on $10k
+Price spread, last 7 days+0.121%+$12 · spread now −0.099%, 7d avg +0.163%
=Funding pays, the price is against you. Binance is 0.262% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of +0.163%). If the spread goes back, that is −$26 on $10k: about 2.7 days of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.328% in total) that is about 5.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KUAISHOUUSDTM | 4.0340 | 0.0100 | pay 0.0050% / 4h | 3h 13m | $18K | $1.7M | 20x |
| Short | Binance KUAISHOUUSDT | 4.0300 | 0.0428 | get 0.0214% / 4h | 3h 13m | $2.1M | $579K | 20x |
Funding 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
- $68.8
- Price spread: −0.099% → +0.163%
- −$26.18
- Slippage, 4 orders
- −$787.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$767.05
- Costs to cover
- 8.097%
- Break-even
- 85.0 days
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 6 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 | 13.63 bp | 397.4 bp −$397 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.48 bp | 29.1 bp −$29 | 418.1 bp −$4,181 | doesn't fit | doesn't fit |
KUAISHOU 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX KUAISHOUUSDC | −0.0059% | 4h | 4.0290 | −0.123% | $14K | $189K | 10x | as long as short |
| Bybit KUAISHOUUSDT | 0.0000% | 8h | 4.0400 | +0.149% | $154K | $23K | 25x | as long as short |
| Gate KUAISHOU_USDT | 0.0000% | 8h | 4.0360 | +0.050% | $469K | $27K | 25x | as long as short |
| Bitget KUAISHOUUSDT | 0.0000% | 8h | 4.0440 | +0.248% | $405K | $144K | 5x | as long as short |
| HTX KUAISHOU-USDT | 0.0000% | 4h | 4.1200 | +2.132% | $11K | $2K | 10x | as long as short |
| KuCoin KUAISHOUUSDTMlong | +0.0100% | 4h | 4.0340 | long leg | $18K | $1.7M | 20x | |
| Aster KUAISHOUUSDT | +0.0175% | 8h | 4.0496 | +0.387% | $43K | $9K | 20x | as long as short |
| Binance KUAISHOUUSDTshort | +0.0428% | 4h | 4.0300 | −0.099% | $2.1M | $579K | 20x |
KuCoin KUAISHOUUSDTM
Binance KUAISHOUUSDT
edgeX KUAISHOUUSDC
Bybit KUAISHOUUSDT
Gate KUAISHOU_USDT
Bitget KUAISHOUUSDT
HTX KUAISHOU-USDT
Aster KUAISHOUUSDT