Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.027%
Price spread now: KuCoin against Binance−0.146%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$338as in the Funding arb table
Net, price: spread back to 7d avg − costs−$332as in the Price arb table
costs, in and out, $10k−$3243.239% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 4 days (all we have)−0.123%−$12 · spread now −0.146%, 7d avg −0.066%
=Funding pays, the price is against you. KuCoin is 0.080% cheaper against Binance than usual: you would sell low and buy high (spread −0.146% now, against its 7-day average of −0.066%). If the spread goes back, that is −$8 on $10k: about 2.7 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.144%, 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 | Binance AMATUSDT | 459.28 | 0 | get 0.0000% / 8h | 1h 24m | $8.3M | $14.1M | 20x |
| Short | KuCoin AMATUSDTM | 458.61 | 0.0100 | get 0.0100% / 8h | 1h 24m | $398K | $543K | 20x |
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
- $21
- Price spread: −0.146% → −0.066%
- −$7.95
- Slippage, 4 orders
- −$301.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$310.8
- Costs to cover
- 3.239%
- Break-even
- 110.6 days
Slippage from Binance: live order book, 16 min ago; KuCoin: live order book, 20 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, 16 min ago | 0.11 bp | 10.4 bp −$10 | 40.9 bp −$409 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 20 min ago | 10.24 bp | 118.5 bp −$118 | doesn't fit | doesn't fit | doesn't fit |
AMAT on 16 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 AMATUSDT | −0.0545% | 8h | 459.47 | +0.042% | $1.9M | $1.8M | 20x | as long as short |
| Aster AMATUSDT | 0.0000% | 8h | 459.47 | +0.042% | $10K | $11K | 20x | as long as short |
| Extended AMAT-USD | 0.0000% | 1h | 459.16 | −0.027% | $5K | $27K | 10x | as long as short |
| Binance AMATUSDTlong | 0.0000% | 8h | 459.28 | long leg | $8.3M | $14.1M | 20x | |
| Bybit AMATUSDT | 0.0000% | 8h | 459.24 | −0.008% | $838K | $693K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 459.53 | +0.055% | $1.4M | $1.6M | 20x | as long as short |
| Gate AMAT_USDT | 0.0000% | 8h | 459.10 | −0.039% | $1.5M | $6.1M | 50x | as long as short |
| Variational Omni AMAT | 0.0000% | 8h | 459.08 | −0.042% | $64K | $44K | — | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 459.00 | −0.061% | $399 | $113K | 10x | as long as short |
| BloFin AMAT-USDT | +0.0006% | 8h | 458.92 | −0.078% | $108K | $115K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMAT-USD-PERP | +0.0046% | 1h | 459.26 | −0.004% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 459.28 | 0.000% | $2.5M | $2.3M | 10x | as long as short |
| KuCoin AMATUSDTMshort | +0.0100% | 8h | 458.61 | −0.146% | $398K | $543K | 20x | |
| SunX AMAT-USDT | +0.0100% | 8h | 459.23 | −0.011% | $978 | $386K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 459.72 | +0.096% | $167K | $39K | 20x | as long as short |
| Phoenix AMAT | +0.0277% | 1h | 459.28 | 0.000% | $18K | $114K | 10x | as long as short |
Binance AMATUSDT
KuCoin AMATUSDTM
Bitget AMATUSDT
Aster AMATUSDT
Extended AMAT-USD
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Gate AMAT_USDT
Variational Omni AMAT
GRVT AMAT_USDT_Perp
BloFin AMAT-USDT
tradeXYZ xyz:AMAT
SunX AMAT-USDT
HTX AMAT-USDT
Phoenix AMAT