Funding you earn now, next payment 08:00 UTC−0.0544%/8h= −59.6% APRnext payment −$2.72 per $10,000 · paid last 24h −0.016%
Price spread now: KuCoin against Binance−0.098%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$240as in the Price arb table
costs, in and out, $10k−$2352.350% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 2 days (all we have)+0.116%+$12 · spread now −0.098%, 7d avg −0.048%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and KuCoin is 0.050% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.048%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.046% in total (about -2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.72 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SAMSUNGEMUSDT | 1,085.7 | 0 | get 0.0000% / 4h | 2h 26m | $258K | $773K | 20x |
| Short | KuCoin SAMSUNGEMUSDTM | 1,084.6 | −0.0544 | pay 0.0272% / 4h | 2h 26m | $21K | $2.1M | 20x |
Funding 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
- −$114.24
- Price spread: −0.098% → −0.048%
- −$4.97
- Slippage, 4 orders
- −$213.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$354.22
- Costs to cover
- 2.350%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 5 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, 6 min ago | 6.21 bp | 30.5 bp −$30 | 113.2 bp −$1,132 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 7.61 bp | 50.0 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
SAMSUNGEM on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SAMSUNGEMUSDT | −0.2024% | 8h | 1,086.5 | +0.076% | $44K | $493K | 20x | as long as short |
| KuCoin SAMSUNGEMUSDTMshort | −0.0544% | 4h | 1,084.6 | −0.098% | $21K | $2.1M | 20x | |
| Binance SAMSUNGEMUSDTlong | 0.0000% | 4h | 1,085.7 | long leg | $258K | $773K | 20x | |
| Bybit SAMSUNGEMUSDT | 0.0000% | 8h | 1,085 | −0.063% | $33K | $29K | 25x | as long as short |
| Gate SAMSUNGEM_USDT | 0.0000% | 4h | 1,084.7 | −0.090% | $387K | $27K | 25x | as long as short |
| HTX SAMSUNGEM-USDT | 0.0000% | 4h | 1,087.9 | +0.204% | $7K | $400K | 10x | as long as short |
| GRVT SAMSUNGEM_USDT_Perp | +0.0156% | 4h | 1,086.3 | +0.056% | $315 | $118K | 10x | as long as short |
| edgeX SAMSUNGEMUSDC | +0.0578% | 4h | 1,086.1 | +0.040% | $9K | $268K | 10x | as long as short |
Binance SAMSUNGEMUSDT
KuCoin SAMSUNGEMUSDTM
Bitget SAMSUNGEMUSDT
Bybit SAMSUNGEMUSDT
Gate SAMSUNGEM_USDT
HTX SAMSUNGEM-USDT
GRVT SAMSUNGEM_USDT_Perp
edgeX SAMSUNGEMUSDC