Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: KuCoin against Binance−0.055%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$860.861% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 7 days+0.004%$0 · spread now −0.055%, 7d avg −0.050%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPUSDT | 0.1268 | 0.0100 | pay 0.0100% / 8h | 7h 48m | $20.5M | $62.1M | 75x |
| Short | KuCoin OPUSDTM | 0.1267 | 0.0100 | get 0.0100% / 8h | 7h 48m | $2.9M | $7.2M | 75x |
Binance OPUSDT
KuCoin OPUSDTMFunding 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
- $0
- Price spread: −0.055% → −0.050%
- −$0.56
- Slippage, 4 orders
- −$64.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$86.66
- Costs to cover
- 0.861%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; KuCoin: live order book, 10 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, 9 min ago | 0.39 bp | 11.0 bp −$11 | 24.2 bp −$242 | 108.6 bp −$10.9K | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 7.87 bp | 23.4 bp −$23 | 69.4 bp −$694 | doesn't fit | doesn't fit |
OP on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1656% | 1h | 0.1261 | −0.529% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1268 | +0.028% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0539% | 1h | 0.1267 | −0.055% | $42K | $171K | 25x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0352% | 1h | 0.1262 | −0.450% | $21K | $64K | 50x | as long as short |
| Bybit OPUSDT | −0.0142% | 8h | 0.1267 | −0.079% | $18.4M | $26.1M | 75x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1269 | +0.088% | $39K | $519 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1268 | +0.024% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0058% | 8h | 0.1266 | −0.114% | $231K | $47K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0058% | 8h | 0.1268 | +0.024% | $6K | $49K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1270 | +0.150% | $285K | $945K | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
Coinbase International OP-PERP-INTX
Bybit OPUSDT
dYdX OP-USD
gTrade (Gains Network) OP/USD
Variational Omni OP
Orderly PERP_OP_USDC
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1269 | +0.110% | $4.1M | $2.9M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1268 | +0.035% | $212K | $236K | 10x | as long as short |
| Binance OPUSDTlong | +0.0100% | 8h | 0.1268 | long leg | $20.5M | $62.1M | 75x | |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1268 | −0.016% | $6.0M | $30.0M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1268 | −0.016% | $1.9M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1268 | −0.016% | $20.2M | $7.3M | 300x | as long as short |
| KuCoin OPUSDTMshort | +0.0100% | 8h | 0.1267 | −0.055% | $2.9M | $7.2M | 75x | |
| Bitget OPUSDT | +0.0100% | 8h | 0.1268 | +0.024% | $6.0M | $6.4M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1267 | −0.063% | — | $6.8M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1268 | +0.032% | $123K | $188K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1269 | +0.116% | $10K | $383K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1269 | +0.103% | $310K | $4.9M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1267 | −0.055% | $43K | $722K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1267 | −0.071% | $189 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1269 | +0.126% | $175K | $234K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1267 | −0.028% | $102K | $236K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1268 | +0.015% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1269 | +0.110% | $1.0M | $282K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0383% | 1h | 0.1268 | +0.038% | $800K | $754K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0438% | 1h | 0.1267 | −0.046% | $705 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
MEXC OP_USDT
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP