Funding you earn now, next payment 01:00 UTC−0.0716%/8h= −78.4% APRpaid last 24h −0.079%
Price spread now: KuCoin against Extended−0.263%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,454as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,438as in the Price arb table
costs, in and out, $10k−$1,42014.199% of the position
Funding, last 7 days−0.343%−$34 on $10k
+Price spread, last 4 days (all we have)+0.348%+$35 · spread now −0.263%, 7d avg −0.079%
=Together, before fees+0.005%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and KuCoin is 0.184% cheaper against Extended than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.079%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.343% in total (about -17.9% a year). A funding rate is set anew for every payment. 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 | Extended US-USD | 0.01647 | 0.0816 | pay 0.0102% / 1h | 51m 27s | $2K | $139K | 5x |
| Short | KuCoin USUSDTM | 0.01642 | 0.0100 | get 0.0050% / 4h | 3h 51m | $4.2M | $275K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Extended. 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
- −$150.36
- Price spread: −0.263% → −0.079%
- −$18.4
- Slippage, 4 orders
- −$1,402.95
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,588.71
- Costs to cover
- 14.199%
- Break-even
- never at this rate
Slippage from Extended: live order book, 19 min ago; KuCoin: live order book, 6 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 Extended live order book, 19 min ago | 6.71 bp | 135.3 bp −$135 | 905.7 bp −$9,057 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 15.52 bp | 521.6 bp −$522 | 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 | 0.01648 | +0.083% | $3.2M | $872K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01646 | −0.069% | $2.1M | $555K | 20x | as long as short |
| KuCoin USUSDTMshort | +0.0100% | 4h | 0.01642 | −0.263% | $4.2M | $275K | 20x | |
| Variational Omni US | +0.0100% | 4h | 0.01649 | +0.122% | $16K | $3K | — | as long as short |
| Bitget USUSDT | +0.0468% | 4h | 0.01650 | +0.210% | $4.3M | $250K | 10x | as long as short |
| Aster USUSDT | +0.0758% | 4h | 0.01644 | −0.154% | $12K | $55K | 5x | as long as short |
| BloFin US-USDT | +0.0769% | 4h | 0.01644 | −0.166% | $478K | $49K | 10x | as long as short |
| BingX US-USDT | +0.0780% | 4h | 0.01649 | +0.113% | — | $1.3M | — | as long as short |
| MEXC US_USDT | +0.0812% | 4h | 0.01648 | +0.058% | $5.5M | $112K | 100x | as long as short |
| Extended US-USDlong | +0.0816% | 1h | 0.01647 | long leg | $2K | $139K | 5x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance USUSDT | +0.0824% | 4h | 0.01648 | +0.076% | $9.2M | $3.1M | 10x | as long as short |
Extended US-USD
KuCoin USUSDTM
Bybit USUSDT
Gate US_USDT
Variational Omni US
Bitget USUSDT
Aster USUSDT
BloFin US-USDT
BingX US-USDT
MEXC US_USDT
Binance USUSDT