Funding you earn now, next payment 08:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.41 per $10,000 · paid last 24h −0.015%
Price spread now: Binance against KuCoin+0.056%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,214as in the Price arb table
costs, in and out, $10k−$1,21512.151% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 4 days (all we have)+0.119%+$12 · spread now +0.056%, 7d avg +0.046%
=The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin VRTUSDTM | 249.63 | 0.0563 | pay 0.0563% / 8h | 1h 31m | $111K | $24K | 20x |
| Short | Binance VRTUSDT | 249.77 | 0.0522 | get 0.0522% / 8h | 1h 31m | $1.1M | $1.1M | 25x |
Funding 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
- −$8.58
- Price spread: +0.056% → +0.046%
- $1.05
- Slippage, 4 orders
- −$1,193.13
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,222.66
- Costs to cover
- 12.151%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 1 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 KuCoin live order book, 2 min ago | 32.00 bp | 834.7 bp −$835 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 4.20 bp | 30.8 bp −$31 | 85.4 bp −$854 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget VRTUSDT | −0.0091% | 8h | 250.11 | +0.192% | $485K | $157K | 20x | as long as short |
| Gate VRT_USDT | 0.0000% | 8h | 250.70 | +0.429% | $141K | $18K | 20x | as long as short |
| SunX VRT-USDT | 0.0000% | 8h | 250.18 | +0.220% | $1K | $451K | 10x | as long as short |
| HTX VRT-USDT | 0.0000% | 8h | 249.99 | +0.144% | $9K | $42K | 10x | as long as short |
| Injective VRT/USDC PERP | +0.0033% | 1h | 249.42 | −0.084% | $9K | $50 | 12x | as long as short |
| Bybit VRTUSDT | +0.0191% | 8h | 250.26 | +0.252% | $448K | $116K | 25x | as long as short |
| OKX VRT-USDT-SWAP | +0.0239% | 8h | 250.16 | +0.212% | $256K | $171K | 20x | as long as short |
| Binance VRTUSDTshort | +0.0522% | 8h | 249.77 | +0.056% | $1.1M | $1.1M | 25x | |
| KuCoin VRTUSDTMlong | +0.0563% | 8h | 249.63 | long leg | $111K | $24K | 20x |
KuCoin VRTUSDTM
Binance VRTUSDT
Bitget VRTUSDT
Gate VRT_USDT
SunX VRT-USDT
HTX VRT-USDT
Injective VRT/USDC PERP
Bybit VRTUSDT
OKX VRT-USDT-SWAP