Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against KuCoin−0.076%7-day average +0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$407as in the Funding arb table
Net, price: spread back to 7d avg − costs−$418as in the Price arb table
costs, in and out, $10k−$4044.039% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 7 days+0.160%+$16 · spread now −0.076%, 7d avg +0.068%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.144% cheaper against KuCoin than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IDUSDTM | 0.03850 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $1.1M | $72K | 30x |
| Short | Binance IDUSDT | 0.03847 | 0.0100 | get 0.0050% / 4h | 1h 10m | $2.4M | $3.9M | 50x |
KuCoin IDUSDTM
Binance IDUSDTFunding 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
- $0
- Price spread: −0.076% → +0.068%
- −$14.45
- Slippage, 4 orders
- −$381.86
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$418.31
- Costs to cover
- 4.039%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 11 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 KuCoin live order book, 4 min ago | 11.71 bp | 139.9 bp −$140 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.30 bp | 19.3 bp −$19 | 75.4 bp −$754 | doesn't fit | doesn't fit |
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | −0.0045% | 1h | 0.03848 | −0.057% | $4K | $4K | 10x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03848 | −0.049% | $9K | $2K | 5x | as long as short |
| Binance IDUSDTshort | +0.0100% | 4h | 0.03847 | −0.076% | $2.4M | $3.9M | 50x | |
| Bybit IDUSDT | +0.0100% | 8h | 0.03849 | −0.026% | $1.5M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03848 | −0.052% | $262K | $226K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03848 | −0.052% | $385K | $215K | 20x | as long as short |
| KuCoin IDUSDTMlong | +0.0100% | 4h | 0.03850 | long leg | $1.1M | $72K | 30x | |
| Variational Omni ID | +0.0100% | 8h | 0.03847 | −0.070% | $12K | $20K | — | as long as short |
| BloFin ID-USDT | +0.0151% | 4h | 0.03845 | −0.130% | $155K | $15K | 50x | as long as short |
| BingX ID-USDT | +0.0514% | 4h | 0.03847 | −0.078% | — | $2.3M | — | as long as short |
Kraken Futures PF_IDUSD
Aster IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
Variational Omni ID
BloFin ID-USDT
BingX ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget IDUSDT | +0.0542% | 4h | 0.03858 | +0.208% | $999K | $773K | 50x | as long as short |
Bitget IDUSDT