Funding you earn now, next payment 08:00 UTC−0.0440%/8h= −48.2% APRnext payment −$2.20 per $10,000 · paid last 24h −0.046%
Price spread now: Binance against KuCoin−0.221%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$359as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2522.523% of the position
Funding, last 7 days−1.066%−$107 on $10k
+Price spread, last 7 days+0.305%+$30 · spread now −0.221%, 7d avg −0.078%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Binance is 0.143% cheaper against KuCoin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.078%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CVCUSDTM | 0.02711 | 0.0540 | pay 0.0270% / 4h | 2h 01m | $1.3M | $438K | 30x |
| Short | Binance CVCUSDT | 0.02705 | 0.0100 | get 0.0050% / 4h | 2h 01m | $2.8M | $5.7M | 50x |
KuCoin CVCUSDTM
Binance CVCUSDTFunding 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
- −$92.4
- Price spread: −0.221% → −0.078%
- −$14.33
- Slippage, 4 orders
- −$230.34
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$359.08
- Costs to cover
- 2.523%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 6 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, 3 min ago | 5.53 bp | 41.0 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.85 bp | 21.2 bp −$21 | 89.0 bp −$890 | doesn't fit | doesn't fit |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CVCUSDTshort | +0.0100% | 4h | 0.02705 | −0.221% | $2.8M | $5.7M | 50x | |
| Gate CVC_USDT | +0.0100% | 4h | 0.02708 | −0.111% | $203K | $318K | 25x | as long as short |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02704 | −0.258% | $647K | $139K | 20x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02707 | −0.148% | $428K | $514K | 50x | as long as short |
| KuCoin CVCUSDTMlong | +0.0540% | 4h | 0.02711 | long leg | $1.3M | $438K | 30x | |
| BingX CVC-USDT | +0.1498% | 4h | 0.02702 | −0.332% | — | $2.4M | — | as long as short |
| Variational Omni CVC | +0.4929% | 1h | 0.02700 | −0.405% | $2K | $878 | — | as long as short |
| Bybit CVCUSDT | +0.5847% | 1h | 0.02698 | −0.480% | $1.6M | $1.7M | 25x | as long as short |
Gate CVC_USDT
MEXC CVC_USDT
Bitget CVCUSDT
BingX CVC-USDT
Variational Omni CVC
Bybit CVCUSDT