Funding you earn now, next payment 16:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.05 per $10,000 · paid last 24h +0.067%
Price spread now: Binance against KuCoin+0.138%7-day average +0.204% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.151%+$15 on $10k
+Price spread, last 7 days−0.146%−$15 · spread now +0.138%, 7d avg +0.204%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.066% cheaper against KuCoin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.204%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PDDUSDTM | 79.780 | 0.0100 | pay 0.0100% / 8h | 4h 47m | $30K | $2.7M | 20x |
| Short | Binance PDDUSDT | 79.890 | 0.0095 | get 0.0095% / 8h | 4h 47m | $1.4M | $939K | 20x |
KuCoin PDDUSDTM
Binance PDDUSDTFunding 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
- −$0.96
- Price spread: +0.138% → +0.204%
- −$6.64
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$29.6
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 3 min ago; Binance: live order book, 8 min ago. Net counts fees only.
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, 3 min ago | 5.64 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.63 bp | 17.7 bp −$18 | 75.4 bp −$754 | doesn't fit | doesn't fit |
PDD on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX PDDUSDC | −0.0228% | 4h | 79.872 | +0.116% | $161K | $223K | 10x | as long as short |
| Bybit PDDUSDT | 0.0000% | 8h | 79.820 | +0.050% | $269K | $61K | 25x | as long as short |
| Gate PDD_USDT | 0.0000% | 8h | 79.850 | +0.088% | $497K | $34K | 20x | as long as short |
| Bitget PDDUSDT | 0.0000% | 8h | 79.840 | +0.075% | $1.4M | $215K | 20x | as long as short |
| Injective PDD/USDC PERP | +0.0033% | 1h | 79.270 | −0.639% | $11K | $8K | 12x | as long as short |
| Extended PDD_24_5-USD | +0.0040% | 1h | 79.780 | −0.001% | $3K | — | 5x | as long as short |
| Binance PDDUSDTshort | +0.0095% | 8h | 79.890 | +0.138% | $1.4M | $939K | 20x | |
| KuCoin PDDUSDTMlong | +0.0100% | 8h | 79.780 | long leg | $30K | $2.7M | 20x | |
| HTX PDD-USDT | +0.0100% | 8h | 79.920 | +0.175% | $7K | $298K | 20x | as long as short |
edgeX PDDUSDC
Bybit PDDUSDT
Gate PDD_USDT
Bitget PDDUSDT
Injective PDD/USDC PERP
Extended PDD_24_5-USD
HTX PDD-USDT