AMAT

Alert: funding

Alert: spread

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: Binance against KuCoin+0.085%7-day average +0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$374as in the Funding arb table

Net, price: spread back to 7d avg − costs−$386as in the Price arb table

costs, in and out, $10k−$3883.880% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.144%+$14 on $10k

Price spread, last 4 days (all we have)+0.294%+$29 · spread now +0.085%, 7d avg +0.067%

Together, before fees+0.438%+$44 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.067%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.144%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AMATUSDTM	469.38	0.0100	pay 0.0100% / 8h	4h 07m	$412K	$525K	20x
Short	Binance AMATUSDT	469.78	0	get 0.0000% / 8h	4h 07m	$8.9M	$12.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now +0.085%Rate

Funding earned: −$21
Price spread: +0.085% → +0.067%: $1.8
Slippage, 4 orders: −$365.99
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$407.19
Costs to cover: 3.880%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; Binance: live order book, 3 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 KuCoin live order book, 6 min ago	6.61 bp	207.8 bp −$208	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	0.21 bp	10.8 bp −$11	23.7 bp −$237	155.5 bp −$15.6K	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
Aster AMATUSDT	0.0000%	8h	469.48	+0.021%	$10K	$11K	20x	as long as short
Extended AMAT-USD	0.0000%	1h	469.65	+0.057%	$5K	$27K	10x	as long as short
Binance AMATUSDTshort	0.0000%	8h	469.78	+0.085%	$8.9M	$12.6M	20x
Bybit AMATUSDT	0.0000%	8h	469.73	+0.075%	$897K	$654K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	469.68	+0.064%	$1.4M	$1.6M	20x	as long as short
Bitget AMATUSDT	0.0000%	8h	469.97	+0.126%	$2.0M	$1.7M	20x	as long as short
Variational Omni AMAT	0.0000%	8h	469.71	+0.070%	$65K	$44K	—	as long as short
GRVT AMAT_USDT_Perp	0.0000%	8h	469.78	+0.086%	$352	$101K	10x	as long as short
BloFin AMAT-USDT	+0.0003%	8h	469.69	+0.066%	$110K	$97K	20x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	469.60	+0.047%	—	—	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:AMAT	+0.0050%	1h	469.65	+0.058%	$2.6M	$2.2M	10x	as long as short
KuCoin AMATUSDTMlong	+0.0100%	8h	469.38	long leg	$412K	$525K	20x
SunX AMAT-USDT	+0.0100%	8h	467.49	−0.403%	$879	$359K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	470.58	+0.256%	$171K	$39K	20x	as long as short
Phoenix AMAT	+0.0221%	1h	469.56	+0.038%	$19K	$110K	10x	as long as short
Gate AMAT_USDT	+0.0375%	8h	469.50	+0.026%	$1.7M	$6.4M	50x	as long as short