Funding you earn now, next payment 08:00 UTC+0.0580%/8h= +63.5% APRnext payment +$2.90 per $10,000 · paid last 24h +0.196%
Price spread now: Binance against KuCoin−0.093%7-day average +0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs+$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1171.171% of the position
Funding, last 7 days+1.595%+$160 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.093%, 7d avg +0.127%
=Funding pays, the price is against you. Binance is 0.220% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of +0.127%). If the spread goes back, that is −$22 on $10k: about 30 hours of funding at the current rate (+$17 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BRUSDTM | 1.1378 | 0.0134 | pay 0.0067% / 4h | 3h 46m | $4.9M | $4.9M | 30x |
| Short | Binance BRUSDT | 1.1368 | 0.0714 | get 0.0357% / 4h | 3h 46m | $54.2M | $137.9M | 25x |
KuCoin BRUSDTM
Binance BRUSDTFunding 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
- $121.81
- Price spread: −0.093% → +0.127%
- −$22.05
- Slippage, 4 orders
- −$95.09
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$17.33
- Costs to cover
- 1.171%
- Break-even
- 8.0 days
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 12 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, 2 min ago | 6.21 bp | 36.2 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.88 bp | 19.7 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
BR on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1364 | −0.123% | — | $5.8M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1340 | −0.337% | $10.9M | $22.6M | 5x | as long as short |
| Bitget BRUSDT | +0.0100% | 4h | 1.1370 | −0.074% | $8.3M | $10.7M | 10x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1348 | −0.267% | $266K | $245K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1385 | +0.062% | — | $707K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1415 | +0.319% | $88K | $246K | 20x | as long as short |
| KuCoin BRUSDTMlong | +0.0134% | 4h | 1.1378 | long leg | $4.9M | $4.9M | 30x | |
| Aster BRUSDT | +0.0421% | 4h | 1.1352 | −0.230% | $668K | $2.4M | 5x | as long as short |
| MEXC BR_USDT | +0.0714% | 4h | 1.1387 | +0.075% | $15.5M | $6.5M | 100x | as long as short |
| Binance BRUSDTshort | +0.0714% | 4h | 1.1368 | −0.093% | $54.2M | $137.9M | 25x |
BingX BR-USDT
Bybit BRUSDT
Bitget BRUSDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Aster BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BR_USDT | +0.0944% | 4h | 1.1371 | −0.063% | $7.6M | $8.1M | 20x | as long as short |
Gate BR_USDT