Funding you earn now, next payment 08:00 UTC−0.0586%/8h= −64.2% APRnext payment −$5.86 per $10,000 · paid last 24h −0.055%
Price spread now: Binance against KuCoin+0.195%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.055%−$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.195% dearer against KuCoin than usual: you sell high and buy low (spread +0.195% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.055% in total) that is about 25 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 −$5.86 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 | KuCoin EDUUSDTM | 0.05129 | 0.0686 | pay 0.0686% / 8h | 7h 51m | $82K | $32K | 30x |
| Short | Binance EDUUSDT | 0.05139 | 0.0100 | get 0.0100% / 8h | 7h 51m | $4.3M | $1.8M | 50x |
KuCoin EDUUSDTM
Binance EDUUSDTFunding 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
- −$123.06
- Price spread: +0.195% → 0.000%
- $19.5
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$125.56
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: no order-book sample; Binance: live order book, 16 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 16 min ago | 0.98 bp | 25.0 bp −$25 | 106.3 bp −$1,063 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EDUUSDT | +0.0100% | 8h | 0.05134 | +0.100% | $2K | $8K | 5x | as long as short |
| Binance EDUUSDTshort | +0.0100% | 8h | 0.05139 | +0.195% | $4.3M | $1.8M | 50x | |
| Bybit EDUUSDT | +0.0100% | 8h | 0.05134 | +0.097% | $512K | $242K | 5x | as long as short |
| MEXC EDU_USDT | +0.0100% | 8h | 0.05137 | +0.156% | $3.5M | $252K | 50x | as long as short |
| BingX EDU-USDT | +0.0100% | 8h | 0.05130 | +0.019% | — | $2.3M | — | as long as short |
| Variational Omni EDU | +0.0100% | 8h | 0.05134 | +0.092% | $5K | $27 | — | as long as short |
| KuCoin EDUUSDTMlong | +0.0686% | 8h | 0.05129 | long leg | $82K | $32K | 30x | |
| Gate EDU_USDT | +0.1090% | 8h | 0.05121 | −0.156% | $108K | $19K | 50x | as long as short |
Aster EDUUSDT
Bybit EDUUSDT
MEXC EDU_USDT
BingX EDU-USDT
Variational Omni EDU
Gate EDU_USDT