Funding you earn now, next payment 00:00 UTC+0.1500%/8h= +164.3% APRnext payment +$7.50 per $10,000 · paid last 24h +0.109%
Price spread now: KuCoin against Binance+0.023%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1541.543% of the position
Funding, last 7 days+0.282%+$28 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now +0.023%, 7d avg +0.109%
=Funding pays, the price is against you. KuCoin is 0.086% cheaper against Binance than usual: you would sell low and buy high (spread +0.023% now, against its 7-day average of +0.109%). If the spread goes back, that is −$9 on $10k: about 5 hours of funding at the current rate (+$45 a day). At the pace of the last 7 days (+0.282% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.282% in total (about 14.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUBARAKUSDT | 0.04395 | 0.0100 | pay 0.0050% / 4h | 38m 58s | $15.9M | $86.2M | 25x |
| Short | KuCoin MUBARAKUSDTM | 0.04396 | 0.1600 | get 0.0800% / 4h | 38m 58s | $1.6M | $1.0M | 30x |
Funding 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
- $315
- Price spread: +0.023% → +0.109%
- −$8.6
- Slippage, 4 orders
- −$132.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $152.07
- Costs to cover
- 1.543%
- Break-even
- 3.6 days
Slippage from Binance: live order book, 4 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, 4 min ago | 2.27 bp | 13.9 bp −$14 | 53.7 bp −$537 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 20.45 bp | 62.6 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
MUBARAK 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MUBARAKUSDTlong | +0.0100% | 4h | 0.04395 | long leg | $15.9M | $86.2M | 25x | |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04390 | −0.109% | $2.6M | $53.1M | 20x | as long as short |
| MEXC MUBARAK_USDT | +0.0100% | 4h | 0.04393 | −0.046% | $860K | $1.5M | 50x | as long as short |
| Bitget MUBARAKUSDT | +0.0100% | 4h | 0.04394 | −0.023% | $2.7M | $7.1M | 25x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04394 | −0.018% | $13K | $51K | — | as long as short |
| Aster MUBARAKUSDT | +0.0221% | 4h | 0.04396 | +0.018% | $21K | $393K | 5x | as long as short |
| Bybit MUBARAKUSDT | +0.0314% | 4h | 0.04391 | −0.084% | $3.4M | $10.6M | 25x | as long as short |
| BingX MUBARAK-USDT | +0.0382% | 4h | 0.04393 | −0.046% | — | $3.1M | — | as long as short |
| Gate MUBARAK_USDT | +0.0944% | 4h | 0.04394 | −0.023% | $6.9M | $5.4M | 50x | as long as short |
| KuCoin MUBARAKUSDTMshort | +0.1600% | 4h | 0.04396 | +0.023% | $1.6M | $1.0M | 30x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | +0.1918% | 1h | 0.04402 | +0.152% | $66K | $418K | 10x | as long as short |
Binance MUBARAKUSDT
KuCoin MUBARAKUSDTM
OKX MUBARAK-USDT-SWAP
MEXC MUBARAK_USDT
Bitget MUBARAKUSDT
Variational Omni MUBARAK
Aster MUBARAKUSDT
Bybit MUBARAKUSDT
BingX MUBARAK-USDT
Gate MUBARAK_USDT
Kraken Futures PF_MUBARAKUSD