Funding you earn now, next payment 09:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.018%
Price spread now: Extended against KuCoin+0.405%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Extended is 0.405% dearer against KuCoin than usual: you sell high and buy low (spread +0.405% now, against zero (this spread has no 7-day history yet)): +$40 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 22 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TERUSDTM | 376.37 | 0.0100 | pay 0.0100% / 8h | 7h 43m | $227K | $128K | 20x |
| Short | Extended TER_24_5-USD | 377.89 | 0.0040 | get 0.0005% / 1h | 43m 05s | $35K | $4K | 10x |
KuCoin TERUSDTM
Extended TER_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$12.6
- Price spread: +0.405% → 0.000%
- $40.49
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $10.89
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 48 min ago; Extended: no order-book sample. 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, 48 min ago | 12.97 bp | 366.1 bp −$366 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended no order-book sample | — | — | — | — | — |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:TER | −1.1177% | 1h | 377.09 | +0.191% | $118K | $57K | 10x | as long as short |
| Bybit TERUSDT | −0.0211% | 8h | 376.04 | −0.088% | $250K | $125K | 25x | as long as short |
| Bitget TERUSDT | −0.0193% | 8h | 376.56 | +0.050% | $239K | $156K | 20x | as long as short |
| Binance TERUSDT | 0.0000% | 8h | 376.40 | +0.008% | $519K | $1.0M | 25x | as long as short |
| OKX TER-USDT-SWAP | 0.0000% | 8h | 375.43 | −0.250% | $203K | $177K | 20x | as long as short |
| Gate TER_USDT | 0.0000% | 8h | 376.70 | +0.088% | $295K | $195K | 20x | as long as short |
| Variational Omni TER | 0.0000% | 8h | 376.26 | −0.030% | $48K | $52K | — | as long as short |
| Extended TER_24_5-USDshort | +0.0040% | 1h | 377.89 | +0.405% | $35K | $4K | 10x | |
| KuCoin TERUSDTMlong | +0.0100% | 8h | 376.37 | long leg | $227K | $128K | 20x | |
| HTX TER-USDT | +0.0100% | 8h | 376.44 | +0.019% | $3K | $39K | 10x | as long as short |
Paragon para:TER
Bybit TERUSDT
Bitget TERUSDT
Binance TERUSDT
OKX TER-USDT-SWAP
Gate TER_USDT
Variational Omni TER
HTX TER-USDT