Funding you earn now, next payment 08:00 UTC+0.0137%/8h= +14.9% APRnext payment +$0.68 per $10,000 · paid last 24h −0.060%
Price spread now: Binance against KuCoin−0.014%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$606as in the Funding arb table
Net, price: spread back to 7d avg − costs−$586as in the Price arb table
costs, in and out, $10k−$5885.882% of the position
Funding, last 7 days−0.182%−$18 on $10k
+Price spread, last 7 days−0.039%−$4 · spread now −0.014%, 7d avg −0.036%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.022% dearer against KuCoin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.036%. Mind the row above: over the last 7 days funding on this pair cost −0.182%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LAUSDTM | 0.07404 | −0.0254 | get 0.0127% / 4h | 3h 45m | $1.0M | $85K | 30x |
| Short | Binance LAUSDT | 0.07403 | −0.0117 | pay 0.0059% / 4h | 3h 45m | $4.7M | $9.8M | 25x |
KuCoin LAUSDTM
Binance LAUSDTFunding 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
- $28.67
- Price spread: −0.014% → −0.036%
- $2.24
- Slippage, 4 orders
- −$566.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$557.26
- Costs to cover
- 5.882%
- Break-even
- 143.1 days
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 9 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 | 5.40 bp | 135.3 bp −$135 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.67 bp | 15.3 bp −$15 | 37.5 bp −$375 | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0492% | 4h | 0.07393 | −0.149% | $2.0M | $489K | 25x | as long as short |
| BingX LA-USDT | −0.0456% | 4h | 0.07403 | −0.014% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0267% | 4h | 0.07398 | −0.082% | $51K | $25K | 5x | as long as short |
| KuCoin LAUSDTMlong | −0.0254% | 4h | 0.07404 | long leg | $1.0M | $85K | 30x | |
| Binance LAUSDTshort | −0.0117% | 4h | 0.07403 | −0.014% | $4.7M | $9.8M | 25x | |
| MEXC LA_USDT | −0.0116% | 4h | 0.07404 | 0.000% | $375K | $133K | 50x | as long as short |
| Bybit LAUSDT | −0.0073% | 4h | 0.07406 | +0.027% | $2.3M | $2.6M | 25x | as long as short |
| BloFin LA-USDT | −0.0070% | 4h | 0.07397 | −0.095% | $246K | $20K | 25x | as long as short |
| OKX LA-USDT-SWAP | −0.0022% | 4h | 0.07409 | +0.068% | $1.3M | $3.0M | 20x | as long as short |
| Gate LA_USDT | +0.0100% | 4h | 0.07401 | −0.041% | $238K | $813K | 50x | as long as short |
Bitget LAUSDT
BingX LA-USDT
Aster LAUSDT
MEXC LA_USDT
Bybit LAUSDT
BloFin LA-USDT
OKX LA-USDT-SWAP
Gate LA_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07406 | +0.033% | $146K | $467K | 10x | as long as short |
GRVT LA_USDT_Perp