Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.007%
Price spread now: Binance against KuCoin−0.046%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$246as in the Funding arb table
Net, price: spread back to 7d avg − costs−$255as in the Price arb table
costs, in and out, $10k−$2472.470% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 2 days (all we have)−0.023%−$2 · spread now −0.046%, 7d avg +0.034%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.080% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.034%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SAMSUNGEMUSDTM | 1,100.3 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $28K | $2.0M | 20x |
| Short | Binance SAMSUNGEMUSDT | 1,099.8 | 0 | get 0.0000% / 4h | 2h 38m | $278K | $704K | 20x |
Funding 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
- −$21
- Price spread: −0.046% → +0.034%
- −$8.03
- Slippage, 4 orders
- −$225.01
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$276.04
- Costs to cover
- 2.470%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 53 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 KuCoin live order book, 2 min ago | 6.76 bp | 107.5 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 53 min ago | 7.08 bp | 24.7 bp −$25 | 100.6 bp −$1,006 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SAMSUNGEMUSDC | −0.0666% | 4h | 1,098.7 | −0.142% | $9K | $265K | 10x | as long as short |
| GRVT SAMSUNGEM_USDT_Perp | −0.0452% | 4h | 1,098.8 | −0.138% | $352 | $124K | 10x | as long as short |
| Gate SAMSUNGEM_USDT | −0.0238% | 4h | 1,098.6 | −0.155% | $395K | $30K | 25x | as long as short |
| Bitget SAMSUNGEMUSDT | −0.0161% | 8h | 1,099.8 | −0.045% | $73K | $467K | 20x | as long as short |
| Binance SAMSUNGEMUSDTshort | 0.0000% | 4h | 1,099.8 | −0.046% | $278K | $704K | 20x | |
| Bybit SAMSUNGEMUSDT | 0.0000% | 8h | 1,100 | −0.028% | $35K | $27K | 25x | as long as short |
| HTX SAMSUNGEM-USDT | 0.0000% | 4h | 1,098.6 | −0.159% | $7K | $396K | 10x | as long as short |
| KuCoin SAMSUNGEMUSDTMlong | +0.0100% | 4h | 1,100.3 | long leg | $28K | $2.0M | 20x |
KuCoin SAMSUNGEMUSDTM
Binance SAMSUNGEMUSDT
edgeX SAMSUNGEMUSDC
GRVT SAMSUNGEM_USDT_Perp
Gate SAMSUNGEM_USDT
Bitget SAMSUNGEMUSDT
Bybit SAMSUNGEMUSDT
HTX SAMSUNGEM-USDT