Funding you earn now, next payment 20:00 UTC+0.0150%/8hnext payment +$0.75 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against Binance+0.069%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$629as in the Funding arb table
Net, price: spread back to 7d avg − costs−$631as in the Price arb table
costs, in and out, $10k−$6296.291% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 3 days (all we have)+0.043%+$4 · spread now +0.069%, 7d avg +0.084%
=The price spread sits at its 7-day average of +0.084%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BIOUSDT | 0.02896 | 0.0100 | pay 0.0050% / 4h | 24m 38s | $6.1M | $6.6M | 50x |
| Short | KuCoin BIOUSDTM | 0.02898 | 0.0250 | get 0.0125% / 4h | 24m 38s | $551K | $127K | 20x |
Funding 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
- $31.5
- Price spread: +0.069% → +0.084%
- −$1.56
- Slippage, 4 orders
- −$607.07
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$599.12
- Costs to cover
- 6.291%
- Break-even
- 140.1 days
Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 2 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 | 1.74 bp | 15.0 bp −$15 | 65.4 bp −$654 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 12.10 bp | 382.3 bp −$382 | doesn't fit | doesn't fit | doesn't fit |
BIO on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BIOUSD | −0.0774% | 1h | 0.02896 | +0.014% | $11K | $9K | 20x | as long as short |
| BloFin BIO-USDT | +0.0065% | 4h | 0.02894 | −0.069% | $268K | $13K | 50x | as long as short |
| Lighter BIO | +0.0096% | 1h | 0.02899 | +0.089% | $11K | $3K | 3x | as long as short |
| Orderly PERP_BIO_USDC | +0.0097% | 4h | 0.02892 | −0.139% | $13K | — | 10x | as long as short |
| Hyperliquid BIO | +0.0100% | 1h | 0.02900 | +0.127% | $762K | $213K | 3x | as long as short |
| Aster BIOUSDT | +0.0100% | 4h | 0.02897 | +0.038% | $23K | $69K | 5x | as long as short |
| Binance BIOUSDTlong | +0.0100% | 4h | 0.02896 | long leg | $6.1M | $6.6M | 50x | |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02898 | +0.069% | $2.3M | $2.6M | 50x | as long as short |
| OKX BIO-USDT-SWAP | +0.0100% | 4h | 0.02895 | −0.035% | $1.2M | $2.3M | 20x | as long as short |
| Gate BIO_USDT | +0.0100% | 8h | 0.02894 | −0.069% | $1.4M | $252K | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BIO_USDT | +0.0100% | 4h | 0.02896 | 0.000% | $387K | $127K | 20x | as long as short |
| Bitget BIOUSDT | +0.0100% | 4h | 0.02895 | −0.035% | $1.3M | $503K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02894 | −0.069% | — | $1.4M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02885 | −0.381% | $40K | $64K | — | as long as short |
| KuCoin BIOUSDTMshort | +0.0250% | 4h | 0.02898 | +0.069% | $551K | $127K | 20x |
Binance BIOUSDT
KuCoin BIOUSDTM
Kraken Futures PF_BIOUSD
BloFin BIO-USDT
Lighter BIO
Hyperliquid BIO
Aster BIOUSDT
Bybit BIOUSDT
OKX BIO-USDT-SWAP
Gate BIO_USDT
MEXC BIO_USDT
Bitget BIOUSDT
BingX BIO-USDT
Variational Omni BIO