Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance+0.192%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,022as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,006as in the Price arb table
costs, in and out, $10k−$1,02210.222% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.357%−$36 · spread now +0.192%, 7d avg +0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.160% dearer against Binance than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPENAIUSDT | 1,616.8 | 0.0050 | pay 0.0050% / 8h | 37m 22s | $22.8M | $16.9M | 20x |
| Short | KuCoin OPENAIUSDTM | 1,619.9 | 0.0050 | get 0.0050% / 8h | 37m 22s | $375K | $68K | 20x |
Binance OPENAIUSDT
KuCoin OPENAIUSDTMFunding 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
- $0
- Price spread: +0.192% → +0.033%
- $16
- Slippage, 4 orders
- −$1,000.2
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,006.2
- Costs to cover
- 10.222%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 66 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, 4 min ago | 0.03 bp | 16.1 bp −$16 | 50.0 bp −$500 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 66 min ago | 6.95 bp | 402.6 bp −$403 | doesn't fit | doesn't fit | doesn't fit |
OPENAI on 22 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 OPENAI-USD | −0.0005% | 1h | 1,616.5 | −0.023% | $1.2M | $617K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,707.2 | +5.588% | $1.4M | $268K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,658.1 | +2.556% | $738K | $262K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,646.1 | +1.811% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,615 | −0.113% | $45.3M | $13.8M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,618.5 | +0.103% | $5.4M | $4.4M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,618.4 | +0.098% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,616.8 | −0.002% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,617 | +0.011% | $79K | $224K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,617.6 | +0.050% | $1.6M | $508K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,671.7 | +3.393% | $2.6M | $6.0M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,616.4 | −0.028% | $142K | $808K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,618.9 | +0.131% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDTlong | +0.0050% | 8h | 1,616.8 | long leg | $22.8M | $16.9M | 20x | |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,615.8 | −0.060% | $6.6M | $5.0M | 50x | as long as short |
| KuCoin OPENAIUSDTMshort | +0.0050% | 8h | 1,619.9 | +0.192% | $375K | $68K | 20x | |
| Variational Omni OPENAI | +0.0050% | 8h | 1,616.7 | −0.009% | $2.6M | $758K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,616.6 | −0.013% | $2K | $181K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0068% | 8h | 1,617.5 | +0.042% | $474K | $296K | 20x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0072% | 1h | 1,617.9 | +0.065% | $226K | $165K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,616.5 | −0.018% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0124% | 1h | 1,666.2 | +3.054% | $7.6M | $2.3M | 6x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
MEXC OPENAI_USDT
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Coinbase International OPENAI-PERP-INTX
Aevo OPENAI-PERP
Entropy io:OAI