Funding you earn now, next payment 04:00 UTC+0.0592%/8h= +64.9% APRnext payment +$2.96 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against Binance+0.050%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1351.354% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 7 days+0.005%+$1 · spread now +0.050%, 7d avg −0.027%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and KuCoin is 0.077% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.027%. Mind the row above: over the last 7 days funding on this pair cost −0.076%, 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 -0.076% in total (about -4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.96 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 COTIUSDT | 0.01467 | −0.0492 | get 0.0246% / 4h | 3h 04m | $7.6M | $37.3M | 50x |
| Short | KuCoin COTIUSDTM | 0.01468 | 0.0100 | get 0.0050% / 4h | 3h 04m | $1.9M | $1.8M | 50x |
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
- $124.38
- Price spread: +0.050% → −0.027%
- $7.7
- Slippage, 4 orders
- −$113.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$3.29
- Costs to cover
- 1.354%
- Break-even
- 7.2 days
Slippage from Binance: live order book, 8 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, 8 min ago | 1.02 bp | 17.7 bp −$18 | 75.2 bp −$752 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 6.81 bp | 47.0 bp −$47 | 225.3 bp −$2,253 | doesn't fit | doesn't fit |
COTI on 10 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 COTIUSDT | −0.0625% | 4h | 0.01466 | −0.101% | $8K | $294K | 5x | as long as short |
| Binance COTIUSDTlong | −0.0492% | 4h | 0.01467 | long leg | $7.6M | $37.3M | 50x | |
| MEXC COTI_USDT | −0.0486% | 4h | 0.01467 | −0.025% | $12.4M | $2.0M | 50x | as long as short |
| BloFin COTI-USDT | −0.0247% | 4h | 0.01463 | −0.305% | $421K | $516K | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01470 | +0.159% | $3.7M | $8.2M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01468 | +0.050% | $432K | $934K | 25x | as long as short |
| KuCoin COTIUSDTMshort | +0.0100% | 4h | 0.01468 | +0.050% | $1.9M | $1.8M | 50x | |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01471 | +0.254% | $3.2M | $2.7M | 50x | as long as short |
| BingX COTI-USDT | +0.0100% | 4h | 0.01467 | −0.005% | — | $1.6M | — | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01466 | −0.068% | $29K | $37K | — | as long as short |
Binance COTIUSDT
KuCoin COTIUSDTM
Aster COTIUSDT
MEXC COTI_USDT
BloFin COTI-USDT
Bybit COTIUSDT
Gate COTI_USDT
Bitget COTIUSDT
BingX COTI-USDT
Variational Omni COTI