Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance+0.050%7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2052.050% of the position
Funding, last 7 days+0.292%+$29 on $10k
+Price spread, last 7 days+0.035%+$3 · spread now +0.050%, 7d avg +0.130%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.080% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.130%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ESPUSDT | 0.09404 | 0.0100 | pay 0.0050% / 4h | 18m 48s | $2.4M | $4.2M | 25x |
| Short | KuCoin ESPUSDTM | 0.09409 | 0.0100 | get 0.0050% / 4h | 18m 48s | $1.5M | $52K | 25x |
Binance ESPUSDT
KuCoin ESPUSDTMFunding 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
- $0
- Price spread: +0.050% → +0.130%
- −$8
- Slippage, 4 orders
- −$183.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$213
- Costs to cover
- 2.050%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 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, 3 min ago | 0.53 bp | 21.2 bp −$21 | 69.7 bp −$697 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 11.16 bp | 95.8 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
ESP 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ESP-USDT | +0.0077% | 4h | 0.09410 | +0.060% | $122K | $35K | 25x | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09408 | +0.039% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDTlong | +0.0100% | 4h | 0.09404 | long leg | $2.4M | $4.2M | 25x | |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09416 | +0.124% | $597K | $1.3M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09406 | +0.018% | $170K | $616K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09410 | +0.060% | $1.2M | $106K | 20x | as long as short |
| KuCoin ESPUSDTMshort | +0.0100% | 4h | 0.09409 | +0.050% | $1.5M | $52K | 25x | |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09416 | +0.119% | $950K | $130K | 20x | as long as short |
| edgeX ESPUSDC | +0.0105% | 4h | 0.09384 | −0.221% | $29K | $270K | 10x | as long as short |
| BingX ESP-USDT | +0.2388% | 4h | 0.09407 | +0.028% | — | $1.7M | — | as long as short |
BloFin ESP-USDT
Aster ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
Bitget ESPUSDT
edgeX ESPUSDC
BingX ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.2477% | 4h | 0.09394 | −0.110% | $1.1M | $595K | 50x | as long as short |
Bybit ESPUSDT