Funding you earn now, next payment 04:00 UTC−0.0332%/8h= −36.3% APRnext payment −$1.66 per $10,000 · paid last 24h −0.104%
Price spread now: KuCoin against Binance−0.189%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,287as in the Price arb table
costs, in and out, $10k−$1,27912.788% of the position
Funding, last 7 days−0.371%−$37 on $10k
+Price spread, last 7 days+0.088%+$9 · spread now −0.189%, 7d avg −0.108%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.082% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.108%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USUSDT | 0.01636 | 0.0432 | pay 0.0216% / 4h | 1h 29m | $9.1M | $3.3M | 10x |
| Short | KuCoin USUSDTM | 0.01633 | 0.0100 | get 0.0050% / 4h | 1h 29m | $4.1M | $287K | 20x |
Binance USUSDT
KuCoin USUSDTMFunding 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
- −$69.63
- Price spread: −0.189% → −0.108%
- −$8.16
- Slippage, 4 orders
- −$1,256.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,356.6
- Costs to cover
- 12.788%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 8 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, 10 min ago | 1.22 bp | 63.2 bp −$63 | 365.5 bp −$3,655 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 17.43 bp | 504.9 bp −$505 | doesn't fit | doesn't fit | doesn't fit |
US 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01636 | −0.024% | $3.2M | $916K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01634 | −0.147% | $2.1M | $594K | 20x | as long as short |
| KuCoin USUSDTMshort | +0.0100% | 4h | 0.01633 | −0.189% | $4.1M | $287K | 20x | |
| Variational Omni US | +0.0100% | 4h | 0.01637 | +0.047% | $16K | $3K | — | as long as short |
| BloFin US-USDT | +0.0386% | 4h | 0.01636 | −0.012% | $481K | $48K | 10x | as long as short |
| Bitget USUSDT | +0.0416% | 4h | 0.01638 | +0.067% | $4.3M | $256K | 10x | as long as short |
| Aster USUSDT | +0.0428% | 4h | 0.01637 | +0.021% | $12K | $54K | 5x | as long as short |
| Binance USUSDTlong | +0.0432% | 4h | 0.01636 | long leg | $9.1M | $3.3M | 10x | |
| Extended US-USD | +0.0432% | 1h | 0.01636 | −0.022% | $1K | $97K | 5x | as long as short |
| MEXC US_USDT | +0.0440% | 4h | 0.01636 | −0.006% | $5.5M | $113K | 100x | as long as short |
Bybit USUSDT
Gate US_USDT
Variational Omni US
BloFin US-USDT
Bitget USUSDT
Aster USUSDT
Extended US-USD
MEXC US_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX US-USDT | +0.0444% | 4h | 0.01637 | +0.012% | — | $1.3M | — | as long as short |
BingX US-USDT