Funding you earn now, next payment 00:00 UTC−0.0087%/8h= −9.5% APRnext payment −$0.87 per $10,000 · paid last 24h +0.011%
Price spread now: KuCoin against Binance−0.096%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$435as in the Funding arb table
Net, price: spread back to 7d avg − costs−$456as in the Price arb table
costs, in and out, $10k−$4534.533% of the position
Funding, last 7 days+0.183%+$18 on $10k
+Price spread, last 2 days (all we have)−0.154%−$15 · spread now −0.096%, 7d avg −0.073%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.023% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.073%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.183%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LRCXUSDT | 304.54 | 0.0187 | pay 0.0187% / 8h | 17m 53s | $862K | $2.8M | 20x |
| Short | KuCoin LRCXUSDTM | 304.25 | 0.0100 | get 0.0100% / 8h | 17m 53s | $178K | $768K | 20x |
Binance LRCXUSDT
KuCoin LRCXUSDTMFunding 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
- −$18.18
- Price spread: −0.096% → −0.073%
- −$2.33
- Slippage, 4 orders
- −$431.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$473.85
- Costs to cover
- 4.533%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 46 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, 3 min ago | 0.16 bp | 19.5 bp −$19 | 66.8 bp −$668 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 46 min ago | 11.03 bp | 164.8 bp −$165 | doesn't fit | doesn't fit | doesn't fit |
LRCX on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LRCXUSDT | 0.0000% | 8h | 304.30 | −0.080% | $354K | $586K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 304.49 | −0.017% | $390K | $337K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 304.10 | −0.145% | $267K | $445K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 304.19 | −0.116% | $311K | $210K | 20x | as long as short |
| QFEX LRCX-USD | +0.0040% | 1h | 304.44 | −0.034% | $1.1M | $2.9M | 10x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 304.24 | −0.101% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 304.43 | −0.037% | — | $4K | 10x | as long as short |
| KuCoin LRCXUSDTMshort | +0.0100% | 8h | 304.25 | −0.096% | $178K | $768K | 20x | |
| HTX LRCX-USDT | +0.0100% | 8h | 304.63 | +0.029% | $9K | $351K | 10x | as long as short |
| Paragon para:LRCX | +0.0156% | 1h | 304.25 | −0.096% | $449K | $52K | 10x | as long as short |
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Bitget LRCXUSDT
QFEX LRCX-USD
Extended LRCX_24_5-USD
Vest LRCX-USD-PERP
HTX LRCX-USDT
Paragon para:LRCXShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LRCXUSDTlong | +0.0187% | 8h | 304.54 | long leg | $862K | $2.8M | 20x | |
| BloFin LRCX-USDT | +0.0205% | 8h | 304.54 | −0.001% | $63K | $36K | 20x | as long as short |
BloFin LRCX-USDT