Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 45.220 | +0.1341 | pay 0.1341% / 8h | 43m 41s | $58K | $324K | 20x | Long Binance | |
| SHORT | 45.270 | 0 | 0.0000% / 8h | 43m 41s | $13K | $1.6M | 10x | Short KuCoin |
Price gap+0.111%
Funding gap−0.1341% /8h
The gap pays +$13 on $10k if it goes back to its 7d average, but funding costs $40 a day and eats that in about 8 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.1341% /8h now · no funding history yet
Price+$13spread +0.111% now, avg −0.019% → +0.129% if it goes back
Costs−$7287.281% of $10k · taker + slippage, in and out
Result—no pointsneeds funding history
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
KuCoin price against Binancenow
RANGE STATS · 7D
Now+0.111%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hMP on 5 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size79.5 / 241.8 bpAt $10k entering KuCoin costs 241.8 bp, fee and slippage, 3.0× Binance’s.
- Note: Margin at max leverage$500 + $1,000Binance 20x, KuCoin 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$40.23Long Binance: 3 payments, −$40.23; short KuCoin: 3 payments, $0.00.
- OK: Entry gap works for you+0.111% vs −0.019%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$13K vs $58K OIKuCoin sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · KuCoin YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate−$281.64
Price spread+0.111% → −0.019% (7d avg)+$12.93
Slippage, 4 orderslive order books−$706.10
Fee Binance bp × 2 orders−$10.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$996.81
Costs to cover7.281%Break-evennever at this rate
Slippage: Binance: live order book, 54 min ago; KuCoin: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance15.3679.5 bp−$80doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTKuCoin11.03241.8 bp−$242doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
SunX
HTX