Settings8H · net · $10k
Funding arb · Price arb /

EDU

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0593%/8h= +64.9% APRnext payment +$5.93 per $10,000 · paid last 24h +0.055%
Price spread now: KuCoin against Binance−0.078%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 0.078% cheaper against Binance than usual: you would sell low and buy high (spread −0.078% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 10 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.055% in total) that is about 9.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.055% in total (about 2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.93 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EDUUSDT0.051390.0100pay 0.0100% / 8h7h 50m$4.3M$1.8M50x
ShortKuCoin EDUUSDTM0.051350.0693get 0.0693% / 8h7h 50m$82K$32K30x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$124.53
Price spread: −0.078% → 0.000%
−$7.77
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$94.76
Costs to cover
0.220%
Break-even
1.7 days
Slippage unknown: Binance: live order book, 2 min ago; KuCoin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago1.95 bp27.4 bp −$27133.8 bp −$1,338doesn't fitdoesn't fit
Sell KuCoin no order-book sample
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EDU on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EDUUSDT+0.0100%8h0.05134−0.103%$2K$8K5xas long as short
Binance EDUUSDTlong+0.0100%8h0.05139long leg$4.3M$1.8M50x
Bybit EDUUSDT+0.0100%8h0.05135−0.078%$512K$242K5xas long as short
MEXC EDU_USDT+0.0100%8h0.05138−0.019%$3.5M$252K50xas long as short
BingX EDU-USDT+0.0100%8h0.05133−0.117%$2.3Mas long as short
Variational Omni EDU+0.0100%8h0.05134−0.103%$5K$27as long as short
KuCoin EDUUSDTMshort+0.0693%8h0.05135−0.078%$82K$32K30x
Gate EDU_USDT+0.1039%8h0.05121−0.350%$108K$19K50xas long as short