Funding you earn now, next payment 12:00 UTC+0.0233%/8h= +25.5% APRnext payment +$1.17 per $10,000 · paid last 24h −0.018%
Price spread now: Binance against KuCoin+0.119%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$314as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2782.776% of the position
Funding, last 7 days−0.368%−$37 on $10k
+Price spread, last 7 days−0.085%−$8 · spread now +0.119%, 7d avg +0.053%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.066% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.053%. Mind the row above: over the last 7 days funding on this pair cost −0.368%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 4USDTM | 0.02021 | 0.0156 | pay 0.0078% / 4h | 3h 19m | $892K | $12.2M | 20x |
| Short | Binance 4USDT | 0.02023 | 0.0389 | get 0.0195% / 4h | 3h 19m | $8.0M | $14.4M | 20x |
KuCoin 4USDTM
Binance 4USDTFunding 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
- $48.97
- Price spread: +0.119% → +0.053%
- $6.59
- Slippage, 4 orders
- −$255.55
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$221.99
- Costs to cover
- 2.776%
- Break-even
- 38.7 days
Slippage from KuCoin: live order book, 9 min ago; Binance: live order book, 6 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, 9 min ago | 7.50 bp | 182.5 bp −$182 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.99 bp | 29.3 bp −$29 | 151.0 bp −$1,510 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 4USDT | +0.0100% | 4h | 0.02019 | −0.099% | $2.7M | $2.1M | 5x | as long as short |
| Variational Omni 4 | +0.0100% | 4h | 0.02021 | +0.013% | $49K | $12K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02019 | −0.099% | $2K | $1.5M | 20x | as long as short |
| KuCoin 4USDTMlong | +0.0156% | 4h | 0.02021 | long leg | $892K | $12.2M | 20x | |
| Gate 4_USDT | +0.0260% | 4h | 0.02022 | +0.049% | $554K | $334K | 20x | as long as short |
| Aster 4USDT | +0.0307% | 4h | 0.02022 | +0.054% | $239K | $117K | 5x | as long as short |
| BingX 4-USDT | +0.0356% | 4h | 0.02025 | +0.198% | — | $1.4M | — | as long as short |
| MEXC 4_USDT | +0.0388% | 4h | 0.02023 | +0.099% | $1.8M | $986K | 100x | as long as short |
| Binance 4USDTshort | +0.0389% | 4h | 0.02023 | +0.119% | $8.0M | $14.4M | 20x |
Bybit 4USDT
Variational Omni 4
SunX 4-USDT
Gate 4_USDT
Aster 4USDT
BingX 4-USDT
MEXC 4_USDT