Funding you earn now, next payment 08:00 UTC+0.0284%/8h= +31.1% APRnext payment +$1.42 per $10,000 · paid last 24h +0.142%
Price spread now: KuCoin against Binance+0.169%7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$686as in the Funding arb table
Net, price: spread back to 7d avg − costs−$703as in the Price arb table
costs, in and out, $10k−$7067.061% of the position
Funding, last 7 days+0.202%+$20 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.169%, 7d avg +0.133%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and KuCoin is 0.036% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.133%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EULUSDT | 1.4148 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $3.3M | $5.4M | 25x |
| Short | KuCoin EULUSDTM | 1.4172 | 0.0384 | get 0.0192% / 4h | 1h 54m | $306K | $51K | 25x |
Binance EULUSDT
KuCoin EULUSDTMFunding 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
- $59.64
- Price spread: +0.169% → +0.133%
- $3.59
- Slippage, 4 orders
- −$684.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$642.9
- Costs to cover
- 7.061%
- Break-even
- 82.5 days
Slippage from Binance: live order book, 13 min ago; KuCoin: live order book, 63 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, 13 min ago | 1.76 bp | 21.4 bp −$21 | 150.5 bp −$1,505 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 63 min ago | 7.67 bp | 211.1 bp −$211 | doesn't fit | doesn't fit | doesn't fit |
EUL on 12 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 EUL-USDT | +0.0066% | 4h | 1.4161 | +0.091% | $306K | $9K | 25x | as long as short |
| Aster EULUSDT | +0.0100% | 4h | 1.4158 | +0.066% | $36K | $7K | 5x | as long as short |
| Binance EULUSDTlong | +0.0100% | 4h | 1.4148 | long leg | $3.3M | $5.4M | 25x | |
| Bybit EULUSDT | +0.0100% | 4h | 1.4155 | +0.049% | $1.6M | $1.3M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.4173 | +0.176% | $317K | $710K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4149 | +0.006% | $506K | $132K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.4170 | +0.155% | $2.2M | $328K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.4153 | +0.035% | — | $6.6M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4165 | +0.119% | $12K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0114% | 4h | 1.4203 | +0.387% | $17K | $272K | 10x | as long as short |
BloFin EUL-USDT
Aster EULUSDT
Bybit EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
edgeX EULUSDCShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EULUSDTMshort | +0.0384% | 4h | 1.4172 | +0.169% | $306K | $51K | 25x | |
| HTX EUL-USDT | +0.0422% | 4h | 1.4234 | +0.607% | $130K | $44K | 10x | as long as short |
HTX EUL-USDT