Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h −0.034%
Price spread now: KuCoin against Binance−0.118%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$640.639% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now −0.118%, 7d avg −0.015%
=Funding pays, the price is against you. KuCoin is 0.103% cheaper against Binance than usual: you would sell low and buy high (spread −0.118% now, against its 7-day average of −0.015%). If the spread goes back, that is −$10 on $10k: about 3.4 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.066% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XPTUSDT | 1,794.8 | 0 | get 0.0000% / 4h | 1h 49m | $4.6M | $6.0M | 100x |
| Short | KuCoin XPTUSDTM | 1,792.7 | 0.0100 | get 0.0050% / 4h | 1h 49m | $236K | $41K | 75x |
Binance XPTUSDT
KuCoin XPTUSDTMFunding 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: −0.118% → −0.015%
- −$10.27
- Slippage, 4 orders
- −$41.89
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$53.17
- Costs to cover
- 0.639%
- Break-even
- 24.7 days
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 53 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 | 0.33 bp | 10.4 bp −$10 | 21.6 bp −$216 | 107.7 bp −$10.8K | doesn't fit |
| Sell KuCoin live order book, 53 min ago | 7.76 bp | 20.0 bp −$20 | 175.7 bp −$1,757 | doesn't fit | doesn't fit |
XPT on 21 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX XPTUSDC | −0.0019% | 4h | 1,794.4 | −0.020% | $39K | $281K | 10x | as long as short |
| BloFin XPT-USDT | −0.0004% | 4h | 1,795.1 | +0.019% | $87K | $75K | 100x | as long as short |
| Aster XPTUSDT | 0.0000% | 4h | 1,794.7 | −0.001% | $14K | $10K | 20x | as long as short |
| Binance XPTUSDTlong | 0.0000% | 4h | 1,794.8 | long leg | $4.6M | $6.0M | 100x | |
| MEXC XPT_USDT | 0.0000% | 4h | 1,794.2 | −0.030% | $23.0M | $712K | 100x | as long as short |
| Variational Omni XPT | 0.0000% | 4h | 1,794.5 | −0.016% | $252K | $199K | — | as long as short |
| HTX XPT-USDT | 0.0000% | 4h | 1,795.8 | +0.060% | $11K | $39K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,792.2 | −0.145% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,790.7 | −0.227% | — | — | 25x | as long as short |
| Bitget XPTUSDT | +0.0064% | 4h | 1,794.4 | −0.020% | $1.3M | $626K | 100x | as long as short |
edgeX XPTUSDC
BloFin XPT-USDT
Aster XPTUSDT
MEXC XPT_USDT
Variational Omni XPT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Bitget XPTUSDTShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PLATINUM | +0.0100% | 1h | 1,791.7 | −0.170% | $13K | $34K | 10x | as long as short |
| KuCoin XPTUSDTMshort | +0.0100% | 4h | 1,792.7 | −0.118% | $236K | $41K | 75x | |
| GRVT XPT_USDT_Perp | +0.0104% | 4h | 1,795.1 | +0.019% | $207K | $757K | 25x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,794.3 | −0.025% | $305 | — | 10x | as long as short |
| Gate XPT_USDT | +0.0116% | 4h | 1,795.7 | +0.054% | $644K | $597K | 100x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0125% | 1h | 1,793 | −0.098% | $3.4M | $1.1M | 20x | as long as short |
| Paradex XPT-USD-PERP | +0.0142% | 8h | 1,794.7 | −0.001% | $3K | — | 5x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,811.1 | +0.912% | $6K | $34K | 52x | as long as short |
| Lighter XPT | +0.0504% | 1h | 1,795.2 | +0.024% | $359K | $51K | 20x | as long as short |
| OKX XPT-USDT-SWAP | +0.0525% | 8h | 1,795.1 | +0.019% | $910K | $1.1M | 50x | as long as short |
| Extended XPT-USD | +0.0688% | 1h | 1,791.4 | −0.189% | $148K | $706K | 10x | as long as short |
Pacifica PLATINUM
GRVT XPT_USDT_Perp
Aevo PLATINUM-PERP
Gate XPT_USDT
tradeXYZ xyz:PLATINUM
Paradex XPT-USD-PERP
Injective XPT/USDC PERP
Lighter XPT
OKX XPT-USDT-SWAP
Extended XPT-USD