Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.045%
Price spread now: Binance against KuCoin−0.029%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$501as in the Funding arb table
Net, price: spread back to 7d avg − costs−$499as in the Price arb table
costs, in and out, $10k−$4954.947% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)+0.570%+$57 · spread now −0.029%, 7d avg +0.009%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.038% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin STXXUSDTM | 868.97 | 0.0100 | pay 0.0100% / 8h | 2h 04m | $103K | $94K | 20x |
| Short | Binance STXXUSDT | 868.72 | 0 | get 0.0000% / 8h | 2h 04m | $1.4M | $3.8M | 20x |
KuCoin STXXUSDTM
Binance STXXUSDTFunding 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: −0.029% → +0.009%
- −$3.81
- Slippage, 4 orders
- −$472.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$519.56
- Costs to cover
- 4.947%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 44 min ago; Binance: live order book, 1 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, 44 min ago | 13.85 bp | 203.3 bp −$203 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 2.53 bp | 18.1 bp −$18 | 55.1 bp −$551 | doesn't fit | doesn't fit |
STXX on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT STXX_USDT_Perp | −0.0036% | 8h | 868.78 | −0.022% | $261 | $129K | 10x | as long as short |
| BloFin STXX-USDT | −0.0030% | 8h | 868.27 | −0.081% | $26K | $75K | 20x | as long as short |
| Aster STXXUSDT | 0.0000% | 8h | 870.49 | +0.175% | $18K | $30K | 20x | as long as short |
| Extended STXX-USD | 0.0000% | 1h | 868.64 | −0.038% | $43K | $262K | 10x | as long as short |
| Binance STXXUSDTshort | 0.0000% | 8h | 868.72 | −0.029% | $1.4M | $3.8M | 20x | |
| Bybit STXXUSDT | 0.0000% | 8h | 869.02 | +0.006% | $250K | $1.4M | 25x | as long as short |
| Variational Omni STXX | 0.0000% | 8h | 868.50 | −0.054% | $116K | $28K | — | as long as short |
| KuCoin STXXUSDTMlong | +0.0100% | 8h | 868.97 | long leg | $103K | $94K | 20x | |
| HTX STXX-USDT | +0.0100% | 8h | 868.51 | −0.053% | $10K | $36K | 10x | as long as short |
GRVT STXX_USDT_Perp
BloFin STXX-USDT
Aster STXXUSDT
Extended STXX-USD
Bybit STXXUSDT
Variational Omni STXX
HTX STXX-USDT