Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h −0.006%
Price spread now: KuCoin against Binance+0.011%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$642as in the Funding arb table
Net, price: spread back to 7d avg − costs−$618as in the Price arb table
costs, in and out, $10k−$6186.181% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.011%, 7d avg +0.012%
=The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.242%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TENCENTUSDT | 57.383 | 0 | get 0.0000% / 4h | 36m 03s | $2.8M | $5.1M | 25x |
| Short | KuCoin TENCENTUSDTM | 57.390 | 0.0100 | get 0.0050% / 4h | 36m 03s | $121K | $678K | 20x |
Binance TENCENTUSDT
KuCoin TENCENTUSDTMFunding 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
- $21
- Price spread: +0.011% → +0.012%
- −$0.06
- Slippage, 4 orders
- −$596.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$597.18
- Costs to cover
- 6.181%
- Break-even
- 206.1 days
Slippage from Binance: live order book, 16 min ago; KuCoin: live order book, 18 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, 16 min ago | 0.87 bp | 15.3 bp −$15 | 62.9 bp −$629 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 18 min ago | 16.58 bp | 235.2 bp −$235 | doesn't fit | doesn't fit | doesn't fit |
TENCENT 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TENCENTUSDT | 0.0000% | 8h | 57.478 | +0.164% | $44K | $12K | 20x | as long as short |
| Binance TENCENTUSDTlong | 0.0000% | 4h | 57.383 | long leg | $2.8M | $5.1M | 25x | |
| Bybit TENCENTUSDT | 0.0000% | 8h | 57.370 | −0.023% | $250K | $250K | 25x | as long as short |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.370 | −0.023% | $1.7M | $643K | 25x | as long as short |
| Bitget TENCENTUSDT | 0.0000% | 8h | 57.350 | −0.058% | $1.2M | $2.4M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 57.490 | +0.186% | $10K | $45K | 10x | as long as short |
| Lighter TENCENT | +0.0032% | 1h | 57.496 | +0.196% | $66K | $4K | 10x | as long as short |
| edgeX TENCENTUSDC | +0.0038% | 4h | 57.334 | −0.086% | $118K | $213K | 10x | as long as short |
| KuCoin TENCENTUSDTMshort | +0.0100% | 4h | 57.390 | +0.011% | $121K | $678K | 20x |
Aster TENCENTUSDT
Bybit TENCENTUSDT
Gate TENCENT_USDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
Lighter TENCENT
edgeX TENCENTUSDC