Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.017%
Price spread now: Binance against KuCoin+0.214%7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$574as in the Funding arb table
Net, price: spread back to 7d avg − costs−$552as in the Price arb table
costs, in and out, $10k−$5585.579% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)+0.222%+$22 · spread now +0.214%, 7d avg +0.152%
=The price spread pays, funding is against you. Binance is 0.062% dearer against KuCoin than usual: you sell high and buy low (spread +0.214% now, against its 7-day average of +0.152%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LRCXUSDTM | 299.23 | 0.0100 | pay 0.0100% / 8h | 12m 49s | $178K | $601K | 20x |
| Short | Binance LRCXUSDT | 299.87 | 0 | get 0.0000% / 8h | 12m 49s | $799K | $2.7M | 20x |
KuCoin LRCXUSDTM
Binance LRCXUSDTFunding 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: +0.214% → +0.152%
- $6.22
- Slippage, 4 orders
- −$535.87
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$572.65
- Costs to cover
- 5.579%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 41 min ago; Binance: live order book, 7 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, 41 min ago | 20.23 bp | 319.6 bp −$320 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 5.18 bp | 23.8 bp −$24 | 70.0 bp −$700 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX LRCX-USD | −0.0006% | 1h | 299.67 | +0.147% | $1.1M | $2.7M | 10x | as long as short |
| Binance LRCXUSDTshort | 0.0000% | 8h | 299.87 | +0.214% | $799K | $2.7M | 20x | |
| Bybit LRCXUSDT | 0.0000% | 8h | 299.67 | +0.147% | $282K | $426K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 299.88 | +0.217% | $377K | $285K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 299.50 | +0.090% | $246K | $486K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 300.05 | +0.274% | $313K | $192K | 20x | as long as short |
| BloFin LRCX-USDT | +0.0027% | 8h | 299.79 | +0.187% | $63K | $34K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 299.88 | +0.216% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 299.37 | +0.047% | — | $4K | 10x | as long as short |
| KuCoin LRCXUSDTMlong | +0.0100% | 8h | 299.23 | long leg | $178K | $601K | 20x |
QFEX LRCX-USD
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Bitget LRCXUSDT
BloFin LRCX-USDT
Extended LRCX_24_5-USD
Vest LRCX-USD-PERPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LRCX-USDT | +0.0100% | 8h | 299.94 | +0.237% | $9K | $359K | 10x | as long as short |
| Paragon para:LRCX | +0.0176% | 1h | 299.46 | +0.077% | $110K | $210K | 10x | as long as short |
HTX LRCX-USDT
Paragon para:LRCX