Funding you earn now, next payment 08:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.73 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against Binance−0.040%7-day average −0.138% · you buy dearer than you sell
Net, funding: paid 7d − costs−$667as in the Funding arb table
Net, price: spread back to 7d avg − costs−$675as in the Price arb table
costs, in and out, $10k−$6856.849% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.040%, 7d avg −0.138%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.097% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.138%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONDSUSDT | 7.4130 | 0.0027 | pay 0.0027% / 8h | 3h 47m | $1.5M | $1.4M | 20x |
| Short | KuCoin ONDSUSDTM | 7.4100 | 0.0100 | get 0.0100% / 8h | 3h 47m | $78K | $619K | 20x |
Binance ONDSUSDT
KuCoin ONDSUSDTMFunding 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
- $15.38
- Price spread: −0.040% → −0.138%
- $9.75
- Slippage, 4 orders
- −$662.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$659.79
- Costs to cover
- 6.849%
- Break-even
- 307.2 days
Slippage from Binance: live order book, 1 min ago; KuCoin: live order book, 27 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, 1 min ago | 2.70 bp | 22.5 bp −$22 | 70.7 bp −$707 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 27 min ago | 6.73 bp | 188.0 bp −$188 | doesn't fit | doesn't fit | doesn't fit |
ONDS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ONDSUSDT | 0.0000% | 8h | 7.4057 | −0.098% | $2K | $5K | 20x | as long as short |
| Bybit ONDSUSDT | 0.0000% | 8h | 7.4080 | −0.067% | $509K | $153K | 25x | as long as short |
| OKX ONDS-USDT-SWAP | 0.0000% | 8h | 7.4270 | +0.189% | $187K | $119K | 10x | as long as short |
| Gate ONDS_USDT | 0.0000% | 8h | 7.4070 | −0.081% | $369K | $216K | 20x | as long as short |
| Bitget ONDSUSDT | 0.0000% | 8h | 7.4090 | −0.054% | $892K | $432K | 20x | as long as short |
| GRVT ONDS_USDT_Perp | 0.0000% | 8h | 7.4143 | +0.017% | $3K | $152K | 10x | as long as short |
| SunX ONDS-USDT | 0.0000% | 8h | 7.4000 | −0.175% | $648 | $483K | 10x | as long as short |
| HTX ONDS-USDT | 0.0000% | 8h | 7.4200 | +0.094% | $5K | $1K | 10x | as long as short |
| Binance ONDSUSDTlong | +0.0027% | 8h | 7.4130 | long leg | $1.5M | $1.4M | 20x | |
| Vest ONDS-USD-PERP | +0.0046% | 1h | 7.4000 | −0.175% | — | — | 5x | as long as short |
Aster ONDSUSDT
Bybit ONDSUSDT
OKX ONDS-USDT-SWAP
Gate ONDS_USDT
Bitget ONDSUSDT
GRVT ONDS_USDT_Perp
SunX ONDS-USDT
HTX ONDS-USDT
Vest ONDS-USD-PERPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ONDSUSDTMshort | +0.0100% | 8h | 7.4100 | −0.040% | $78K | $619K | 20x |