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

ESP

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Alert: funding
Alert: spread
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: Binance against KuCoin+0.021%7-day average −0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$2102.104% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.292%−$29 on $10k
Price spread, last 7 days−0.117%−$12 · spread now +0.021%, 7d avg −0.130%
Together, before fees−0.409%−$41 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.152% dearer against KuCoin than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.130%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ESPUSDTM0.093900.0100pay 0.0050% / 4h1h 06m$1.5M$52K25x
ShortBinance ESPUSDT0.093920.0100get 0.0050% / 4h1h 06m$2.4M$4.2M25x

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

Profit calculator

Funding earned
$0
Price spread: +0.021% → −0.130%
$15.16
Slippage, 4 orders
−$188.37
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$195.21
Costs to cover
2.104%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago11.73 bp74.4 bp −$74795.5 bp −$7,955doesn't fitdoesn't fit
Sell Binance live order book, 16 min ago0.53 bp20.5 bp −$2165.7 bp −$657doesn't fitdoesn't fit

ESP on 11 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
BloFin ESP-USDT+0.0091%4h0.09383−0.075%$121K$35K25xas long as short
Aster ESPUSDT+0.0100%4h0.09388−0.025%$4K$24K5xas long as short
Binance ESPUSDTshort+0.0100%4h0.09392+0.021%$2.4M$4.2M25x
OKX ESP-USDT-SWAP+0.0100%4h0.09393+0.032%$593K$1.3M20xas long as short
Gate ESP_USDT+0.0100%8h0.09387−0.032%$169K$614K50xas long as short
MEXC ESP_USDT+0.0100%4h0.093900.000%$1.2M$106K20xas long as short
KuCoin ESPUSDTMlong+0.0100%4h0.09390long leg$1.5M$52K25x
Bitget ESPUSDT+0.0100%4h0.09392+0.019%$957K$123K20xas long as short
edgeX ESPUSDC+0.0100%4h0.09370−0.209%$29K$269K10xas long as short
BingX ESP-USDT+0.2950%4h0.09389−0.011%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ESPUSDT+0.3036%4h0.09370−0.213%$1.1M$587K50xas long as short