Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.034%
Price spread now: KuCoin against Binance−0.185%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$356as in the Funding arb table
Net, price: spread back to 7d avg − costs−$374as in the Price arb table
costs, in and out, $10k−$3643.638% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 7 days+0.146%+$15 · spread now −0.185%, 7d avg −0.086%
=Funding pays, the price is against you. KuCoin is 0.099% cheaper against Binance than usual: you would sell low and buy high (spread −0.185% now, against its 7-day average of −0.086%). If the spread goes back, that is −$10 on $10k: about 3.3 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.082% in total) that is about 8.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TTWOUSDT | 210.61 | 0 | get 0.0000% / 8h | 1h 38m | $2.3M | $969K | 25x |
| Short | KuCoin TTWOUSDTM | 210.22 | 0.0100 | get 0.0100% / 8h | 1h 38m | $94K | $1.0M | 20x |
Binance TTWOUSDT
KuCoin TTWOUSDTMFunding 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: −0.185% → −0.086%
- −$9.94
- Slippage, 4 orders
- −$341.77
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$352.71
- Costs to cover
- 3.638%
- Break-even
- 124.6 days
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 6 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, 11 min ago | 1.19 bp | 8.9 bp −$9 | 67.3 bp −$673 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 14.51 bp | 157.7 bp −$158 | doesn't fit | doesn't fit | doesn't fit |
TTWO on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX TTWO-USD | −0.0004% | 1h | 210.62 | +0.005% | $1.2M | $2.7M | 10x | as long as short |
| Binance TTWOUSDTlong | 0.0000% | 8h | 210.61 | long leg | $2.3M | $969K | 25x | |
| Bybit TTWOUSDT | 0.0000% | 8h | 210.85 | +0.114% | $1.8M | $213K | 25x | as long as short |
| OKX TTWO-USDT-SWAP | 0.0000% | 8h | 210.97 | +0.171% | $326K | $83K | 25x | as long as short |
| Gate TTWO_USDT | 0.0000% | 8h | 210.50 | −0.052% | $715K | $13K | 20x | as long as short |
| Bitget TTWOUSDT | 0.0000% | 8h | 210.73 | +0.057% | $895K | $94K | 20x | as long as short |
| Variational Omni TTWO | 0.0000% | 8h | 210.62 | +0.004% | $81K | $56K | — | as long as short |
| Lighter TTWO | +0.0032% | 1h | 209.66 | −0.451% | — | — | 5x | as long as short |
| Extended TTWO-USD | +0.0040% | 1h | 209.89 | −0.342% | $75K | $2K | 10x | as long as short |
| Ondo Perps TTWO-USD.P | +0.0050% | 1h | 210.45 | −0.076% | $331K | $205K | 10x | as long as short |
QFEX TTWO-USD
Bybit TTWOUSDT
OKX TTWO-USDT-SWAP
Gate TTWO_USDT
Bitget TTWOUSDT
Variational Omni TTWO
Lighter TTWO
Extended TTWO-USD
Ondo Perps TTWO-USD.PShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TTWOUSDTMshort | +0.0100% | 8h | 210.22 | −0.185% | $94K | $1.0M | 20x | |
| HTX TTWO-USDT | +0.0100% | 8h | 210.60 | −0.005% | $3K | $39K | 10x | as long as short |
| Paragon para:TTWO | +0.1882% | 1h | 210.04 | −0.271% | $1.1M | $156K | 10x | as long as short |
HTX TTWO-USDT
Paragon para:TTWO