Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.027%
Price spread now: KuCoin against Binance0.000%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,379as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,394as in the Price arb table
costs, in and out, $10k−$1,39813.982% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 2 days (all we have)−0.045%−$5 · spread now 0.000%, 7d avg −0.038%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.038% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USARUSDT | 16.920 | 0 | get 0.0000% / 8h | 6h 40m | $2.4M | $5.2M | 20x |
| Short | KuCoin USARUSDTM | 16.920 | 0.0100 | get 0.0100% / 8h | 6h 40m | $284K | $130K | 20x |
Funding 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: 0.000% → −0.038%
- $3.83
- Slippage, 4 orders
- −$1,376.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,373.39
- Costs to cover
- 13.982%
- Break-even
- 464.8 days
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 70 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, 12 min ago | 2.95 bp | 13.5 bp −$14 | 53.7 bp −$537 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 70 min ago | 2.93 bp | 407.2 bp −$407 | doesn't fit | doesn't fit | doesn't fit |
USAR on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:USAR | −0.0060% | 1h | 16.907 | −0.077% | $2.5M | $960K | 10x | as long as short |
| Aster USARUSDT | 0.0000% | 8h | 16.956 | +0.216% | $27K | $29K | 20x | as long as short |
| Extended USAR-USD | 0.0000% | 1h | 16.916 | −0.025% | $3K | $156K | 10x | as long as short |
| Binance USARUSDTlong | 0.0000% | 8h | 16.920 | long leg | $2.4M | $5.2M | 20x | |
| Bybit USARUSDT | 0.0000% | 8h | 16.910 | −0.059% | $423K | $272K | 25x | as long as short |
| OKX USAR-USDT-SWAP | 0.0000% | 8h | 16.960 | +0.236% | $937K | $1.2M | 20x | as long as short |
| Gate USAR_USDT | 0.0000% | 8h | 16.920 | 0.000% | $500K | $435K | 20x | as long as short |
| Bitget USARUSDT | 0.0000% | 8h | 16.930 | +0.059% | $353K | $3.7M | 20x | as long as short |
| Variational Omni USAR | 0.0000% | 8h | 16.922 | +0.014% | $58K | $6K | — | as long as short |
| GRVT USAR_USDT_Perp | 0.0000% | 8h | 16.948 | +0.167% | $1K | $225K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX USAR-USDT | 0.0000% | 8h | 16.920 | 0.000% | $2K | $7.0M | 10x | as long as short |
| HTX USAR-USDT | 0.0000% | 8h | 16.960 | +0.236% | $8K | $7K | 20x | as long as short |
| Lighter RH USAR | +0.0032% | 1h | 16.919 | −0.006% | $271K | $589K | 10x | as long as short |
| Arcus USAR-USD | +0.0040% | 1h | 16.910 | −0.059% | $146K | $62K | 10x | as long as short |
| Vest USAR-USD-PERP | +0.0046% | 1h | 16.920 | 0.000% | — | $49 | 10x | as long as short |
| KuCoin USARUSDTMshort | +0.0100% | 8h | 16.920 | 0.000% | $284K | $130K | 20x |
Binance USARUSDT
KuCoin USARUSDTM
tradeXYZ xyz:USAR
Aster USARUSDT
Extended USAR-USD
Bybit USARUSDT
OKX USAR-USDT-SWAP
Gate USAR_USDT
Bitget USARUSDT
Variational Omni USAR
GRVT USAR_USDT_Perp
SunX USAR-USDT
HTX USAR-USDT
Lighter RH USAR