Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.36 per $10,000 · paid last 24h −0.043%
Price spread now: Binance against KuCoin+0.015%7-day average +0.046% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.181%−$18 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.015%, 7d avg +0.046%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.031% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TQQQUSDTM | 79.620 | 0.0036 | pay 0.0036% / 8h | 4h 12m | $181K | $666K | 10x |
| Short | Binance TQQQUSDT | 79.632 | 0 | get 0.0000% / 8h | 4h 12m | $18.4M | $47.8M | 20x |
KuCoin TQQQUSDTM
Binance TQQQUSDTFunding 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
- −$7.56
- Price spread: +0.015% → +0.046%
- −$3.07
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$32.63
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 32 min ago; Binance: live order book, 14 min ago. 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, 32 min ago | 4.39 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.63 bp | 6.3 bp −$6 | 12.2 bp −$122 | 59.6 bp −$5,957 | 180.0 bp −$90.0K |
TQQQ on 11 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 TQQQUSDT | 0.0000% | 8h | 79.548 | −0.090% | $70K | $145K | 20x | as long as short |
| Binance TQQQUSDTshort | 0.0000% | 8h | 79.632 | +0.015% | $18.4M | $47.8M | 20x | |
| Bybit TQQQUSDT | 0.0000% | 8h | 79.660 | +0.050% | $3.0M | $6.5M | 25x | as long as short |
| OKX TQQQ-USDT-SWAP | 0.0000% | 8h | 79.630 | +0.013% | $2.5M | $5.3M | 10x | as long as short |
| MEXC TQQQ_USDT | 0.0000% | 8h | 79.640 | +0.025% | $1.5M | $226K | 20x | as long as short |
| Bitget TQQQUSDT | 0.0000% | 8h | 79.660 | +0.050% | $7.6M | $2.9M | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 79.650 | +0.038% | $2K | $100K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 79.680 | +0.075% | $14K | $10K | 10x | as long as short |
| BloFin TQQQ-USDT | +0.0007% | 8h | 79.620 | 0.000% | $164K | $30K | 20x | as long as short |
| KuCoin TQQQUSDTMlong | +0.0036% | 8h | 79.620 | long leg | $181K | $666K | 10x |
Aster TQQQUSDT
Bybit TQQQUSDT
OKX TQQQ-USDT-SWAP
MEXC TQQQ_USDT
Bitget TQQQUSDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDT
BloFin TQQQ-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TQQQ_USDC_mythos | +0.0100% | 8h | 79.620 | 0.000% | $5 | — | 10x | as long as short |
Orderly PERP_TQQQ_USDC_mythos