Funding you earn now, next payment 00:00 UTC−0.0509%/8h= −55.7% APRnext payment −$2.54 per $10,000 · paid last 24h −0.131%
Price spread now: KuCoin against Binance−0.172%7-day average −0.284% · you buy dearer than you sell
Net, funding: paid 7d − costs−$927as in the Funding arb table
Net, price: spread back to 7d avg − costs−$876as in the Price arb table
costs, in and out, $10k−$8878.868% of the position
Funding, last 7 days−0.402%−$40 on $10k
+Price spread, last 4 days (all we have)+0.055%+$5 · spread now −0.172%, 7d avg −0.284%
=The price spread pays, funding is against you. KuCoin is 0.112% dearer against Binance than usual: you sell high and buy low (spread −0.172% now, against its 7-day average of −0.284%): +$11 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.402% in total) that is about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BANUSDT | 0.06773 | 0.0609 | pay 0.0304% / 4h | 1h 23m | $6.6M | $725K | 25x |
| Short | KuCoin BANUSDTM | 0.06761 | 0.0100 | get 0.0050% / 4h | 1h 23m | $312K | $17K | 20x |
Binance BANUSDT
KuCoin BANUSDTMFunding 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
- −$106.84
- Price spread: −0.172% → −0.284%
- $11.23
- Slippage, 4 orders
- −$864.84
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$982.46
- Costs to cover
- 8.868%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; KuCoin: live order book, 47 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, 15 min ago | 3.67 bp | 45.9 bp −$46 | 680.1 bp −$6,801 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 47 min ago | 62.77 bp | 293.9 bp −$294 | doesn't fit | doesn't fit | doesn't fit |
BAN on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANUSDT | +0.0100% | 4h | 0.06765 | −0.113% | $12K | $388 | 5x | as long as short |
| Gate BAN_USDT | +0.0100% | 8h | 0.06761 | −0.172% | $1.2M | $44K | 20x | as long as short |
| KuCoin BANUSDTMshort | +0.0100% | 4h | 0.06761 | −0.172% | $312K | $17K | 20x | |
| Variational Omni BAN | +0.0100% | 4h | 0.06767 | −0.088% | $16 | — | — | as long as short |
| Bybit BANUSDT | +0.0101% | 4h | 0.06756 | −0.246% | $2.9M | $288K | 13x | as long as short |
| Bitget BANUSDT | +0.0134% | 4h | 0.06779 | +0.094% | $1.1M | $48K | 25x | as long as short |
| Binance BANUSDTlong | +0.0609% | 4h | 0.06773 | long leg | $6.6M | $725K | 25x | |
| MEXC BAN_USDT | +0.0624% | 4h | 0.06775 | +0.035% | $8.1M | $147K | 100x | as long as short |
Aster BANUSDT
Gate BAN_USDT
Variational Omni BAN
Bybit BANUSDT
Bitget BANUSDT
MEXC BAN_USDT