Funding you earn now, next payment 04:00 UTC+0.0585%/8h= +64.1% APRnext payment +$2.92 per $10,000 · paid last 24h +0.012%
Price spread now: KuCoin against Binance−0.041%7-day average −0.172% · you buy dearer than you sell
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1701.701% of the position
Funding, last 7 days−0.367%−$37 on $10k
+Price spread, last 4 days (all we have)−0.324%−$32 · spread now −0.041%, 7d avg −0.172%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and KuCoin is 0.131% dearer against Binance than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.172%. Mind the row above: over the last 7 days funding on this pair cost −0.367%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.367% in total (about -19.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.92 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance B2USDT | 0.4899 | 0.0899 | pay 0.0450% / 4h | 3h 26m | $7.9M | $12.4M | 50x |
| Short | KuCoin B2USDTM | 0.4897 | 0.1484 | get 0.0742% / 4h | 3h 26m | $1.0M | $316K | 50x |
Binance B2USDT
KuCoin B2USDTMFunding 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
- $122.84
- Price spread: −0.041% → −0.172%
- $13.08
- Slippage, 4 orders
- −$148.15
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$34.23
- Costs to cover
- 1.701%
- Break-even
- 9.0 days
Slippage from Binance: live order book, 14 min ago; KuCoin: live order book, 3 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, 14 min ago | 3.05 bp | 26.2 bp −$26 | 276.6 bp −$2,766 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 9.19 bp | 45.3 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
B2 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 B2USDT | +0.0140% | 4h | 0.4892 | −0.143% | $1.5M | $2.6M | 20x | as long as short |
| MEXC B2_USDT | +0.0898% | 4h | 0.4897 | −0.041% | $558K | $514K | 100x | as long as short |
| Binance B2USDTlong | +0.0899% | 4h | 0.4899 | long leg | $7.9M | $12.4M | 50x | |
| Aster B2USDT | +0.0928% | 4h | 0.4893 | −0.116% | $152K | $171K | 5x | as long as short |
| BingX B2-USDT | +0.1016% | 4h | 0.4895 | −0.082% | — | $1.4M | — | as long as short |
| Bitget B2USDT | +0.1038% | 4h | 0.4890 | −0.184% | $2.7M | $1.3M | 50x | as long as short |
| KuCoin B2USDTMshort | +0.1484% | 4h | 0.4897 | −0.041% | $1.0M | $316K | 50x | |
| Variational Omni B2 | +0.1650% | 4h | 0.4892 | −0.149% | $14K | $2K | — | as long as short |
| Gate B2_USDT | +0.2072% | 4h | 0.4900 | +0.020% | $851K | $434K | 20x | as long as short |
Bybit B2USDT
MEXC B2_USDT
Aster B2USDT
BingX B2-USDT
Bitget B2USDT
Variational Omni B2
Gate B2_USDT