Funding you earn now, next payment 08:00 UTC−0.0077%/8h= −8.4% APRnext payment −$0.38 per $10,000 · paid last 24h +0.018%
Price spread now: KuCoin against Binance+0.042%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$306as in the Funding arb table
Net, price: spread back to 7d avg − costs−$335as in the Price arb table
costs, in and out, $10k−$3443.439% of the position
Funding, last 7 days+0.377%+$38 on $10k
+Price spread, last 7 days−0.085%−$9 · spread now +0.042%, 7d avg −0.052%
=The price spread pays, funding is against you. KuCoin is 0.094% dearer against Binance than usual: you sell high and buy low (spread +0.042% now, against its 7-day average of −0.052%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.377%, 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 4USDT | 0.02046 | 0.0437 | pay 0.0218% / 4h | 37m 15s | $8.1M | $14.1M | 20x |
| Short | KuCoin 4USDTM | 0.02047 | 0.0360 | get 0.0180% / 4h | 37m 15s | $882K | $12.6M | 20x |
Binance 4USDT
KuCoin 4USDTMFunding 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
- −$16.15
- Price spread: +0.042% → −0.052%
- $9.4
- Slippage, 4 orders
- −$321.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$350.69
- Costs to cover
- 3.439%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; KuCoin: 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 Binance live order book, 3 min ago | 2.19 bp | 27.5 bp −$27 | 194.3 bp −$1,943 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 4.88 bp | 46.5 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
4 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02051 | +0.262% | $49K | $12K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02043 | −0.154% | $1K | $1.5M | 20x | as long as short |
| Bybit 4USDT | +0.0101% | 4h | 0.02047 | +0.022% | $2.7M | $2.1M | 5x | as long as short |
| Aster 4USDT | +0.0278% | 4h | 0.02048 | +0.110% | $242K | $115K | 5x | as long as short |
| KuCoin 4USDTMshort | +0.0360% | 4h | 0.02047 | +0.042% | $882K | $12.6M | 20x | |
| BingX 4-USDT | +0.0420% | 4h | 0.02047 | +0.022% | — | $1.4M | — | as long as short |
| Binance 4USDTlong | +0.0437% | 4h | 0.02046 | long leg | $8.1M | $14.1M | 20x | |
| MEXC 4_USDT | +0.0442% | 4h | 0.02048 | +0.091% | $1.7M | $960K | 100x | as long as short |
| Gate 4_USDT | +0.0620% | 4h | 0.02051 | +0.262% | $563K | $331K | 20x | as long as short |
Variational Omni 4
SunX 4-USDT
Bybit 4USDT
Aster 4USDT
BingX 4-USDT
MEXC 4_USDT
Gate 4_USDT