Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.29 per $10,000 · paid last 24h +0.021%
Price spread now: Binance against KuCoin+0.026%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1451.454% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 2 days (all we have)+0.103%+$10 · spread now +0.026%, 7d avg +0.081%
=Funding pays, the price is against you. Binance is 0.055% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.026% now, against its 7-day average of +0.081%). If the spread goes back, that is −$6 on $10k: about 6.5 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.013% in total) that is about 31 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 116.22 | 0.0100 | pay 0.0100% / 8h | 35m 42s | $602K | $597K | 20x |
| Short | Binance BABAUSDT | 116.25 | 0.0129 | get 0.0129% / 8h | 35m 42s | $15.3M | $21.4M | 20x |
KuCoin BABAUSDTM
Binance BABAUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.99
- Price spread: +0.026% → +0.081%
- −$5.54
- Slippage, 4 orders
- −$123.4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$144.95
- Costs to cover
- 1.454%
- Break-even
- 176.4 days
Slippage from KuCoin: live order book, 28 min ago; Binance: live order book, 5 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, 28 min ago | 11.63 bp | 79.6 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.43 bp | 7.6 bp −$8 | 19.0 bp −$190 | 111.6 bp −$11.2K | doesn't fit |
BABA on 22 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 BABAUSDT | 0.0000% | 8h | 116.25 | +0.023% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.25 | +0.026% | $2.2M | $595K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.27 | +0.043% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.26 | +0.034% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.23 | +0.009% | $810 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.38 | +0.138% | $37K | $2K | 20x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.27 | +0.043% | $446K | $580K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.327% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.22 | 0.000% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.22 | 0.000% | $1.2M | $5.2M | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERP
Vest BABA-USD-PERP
QFEX BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BABA | +0.0048% | 8h | 116.30 | +0.070% | $300K | $620K | — | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.17 | −0.043% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.25 | +0.026% | $243K | $352K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0068% | 8h | 116.30 | +0.066% | $2K | $248K | 10x | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 116.22 | long leg | $602K | $597K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.23 | +0.009% | $2K | $1K | 10x | as long as short |
| Lighter BABA | +0.0112% | 1h | 116.47 | +0.215% | $385K | $49K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0128% | 1h | 116.23 | +0.009% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDTshort | +0.0129% | 8h | 116.25 | +0.026% | $15.3M | $21.4M | 20x | |
| tradeXYZ xyz:BABA | +0.0153% | 1h | 116.23 | +0.009% | $12.1M | $3.0M | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.34 | +0.103% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.27 | +0.043% | $78K | $94K | 10x | as long as short |
Variational Omni BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
Orderly PERP_BABA_USDC_mythos
Lighter BABA
Extended BABA_24_5-USD
tradeXYZ xyz:BABA
Phoenix BABA
Arcus BABA-USD