Funding you earn now, next payment 08:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.86 per $10,000 · paid last 24h +0.015%
Price spread now: KuCoin against Binance+0.084%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,027as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,023as in the Price arb table
costs, in and out, $10k−$1,03610.357% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.084%, 7d avg −0.046%
=The price spread pays, funding is against you. KuCoin is 0.130% dearer against Binance than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of −0.046%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.086%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VRTUSDT | 250.82 | 0.0848 | pay 0.0848% / 8h | 2h 52m | $1.1M | $1.0M | 25x |
| Short | KuCoin VRTUSDTM | 251.03 | 0.0762 | get 0.0762% / 8h | 2h 52m | $111K | $25K | 20x |
Binance VRTUSDT
KuCoin VRTUSDTMFunding 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
- −$17.99
- Price spread: +0.084% → −0.046%
- $12.97
- Slippage, 4 orders
- −$1,013.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,040.72
- Costs to cover
- 10.357%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 72 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, 10 min ago | 3.59 bp | 23.9 bp −$24 | 72.1 bp −$721 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 72 min ago | 16.41 bp | 209.0 bp −$209 | doesn't fit | doesn't fit | doesn't fit |
VRT 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate VRT_USDT | 0.0000% | 8h | 251.30 | +0.191% | $142K | $18K | 20x | as long as short |
| Bitget VRTUSDT | 0.0000% | 8h | 250.88 | +0.024% | $484K | $154K | 20x | as long as short |
| SunX VRT-USDT | 0.0000% | 8h | 250.66 | −0.064% | $494 | $460K | 10x | as long as short |
| HTX VRT-USDT | 0.0000% | 8h | 250.77 | −0.020% | $8K | $42K | 10x | as long as short |
| Injective VRT/USDC PERP | +0.0033% | 1h | 249.42 | −0.558% | $9K | $50 | 12x | as long as short |
| OKX VRT-USDT-SWAP | +0.0351% | 8h | 250.80 | −0.008% | $269K | $161K | 20x | as long as short |
| Bybit VRTUSDT | +0.0425% | 8h | 251.07 | +0.100% | $449K | $122K | 25x | as long as short |
| KuCoin VRTUSDTMshort | +0.0762% | 8h | 251.03 | +0.084% | $111K | $25K | 20x | |
| Binance VRTUSDTlong | +0.0848% | 8h | 250.82 | long leg | $1.1M | $1.0M | 25x |
Gate VRT_USDT
Bitget VRTUSDT
SunX VRT-USDT
HTX VRT-USDT
Injective VRT/USDC PERP
OKX VRT-USDT-SWAP
Bybit VRTUSDT