Settings8H · net · $10k
Funding arb · Price arb /

BE

RWAall BE markets
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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 +0.022%
Price spread now: KuCoin against Binance−0.003%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$372as in the Funding arb table
Net, price: spread back to 7d avg − costs−$389as in the Price arb table
costs, in and out, $10k−$3893.895% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.170%+$17 on $10k
Price spread, last 4 days (all we have)+0.354%+$35 · spread now −0.003%, 7d avg −0.003%
Together, before fees+0.524%+$52 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BEUSDT270.680get 0.0000% / 8h7m 47s$8.1M$37.1M25x
ShortKuCoin BEUSDTM270.670.0100get 0.0100% / 8h7m 47s$352K$31K20x

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

Profit calculator

Funding earned
$21
Price spread: −0.003% → −0.003%
−$0.02
Slippage, 4 orders
−$367.46
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$368.48
Costs to cover
3.895%
Break-even
129.8 days
Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago0.74 bp8.4 bp −$826.3 bp −$26398.9 bp −$9,887doesn't fit
Sell KuCoin live order book, 25 min ago14.94 bp189.7 bp −$190doesn't fitdoesn't fitdoesn't fit

BE on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BE_USDT−0.0510%8h270.60−0.029%$1.4M$3.3M50xas long as short
Bitget BEUSDT−0.0050%8h270.82+0.052%$1.6M$2.6M20xas long as short
Aster BEUSDT0.0000%8h270.69+0.003%$342K$128K20xas long as short
Extended BE-USD0.0000%1h270.63−0.017%$47K$384K10xas long as short
Binance BEUSDTlong0.0000%8h270.68long leg$8.1M$37.1M25x
OKX BE-USDT-SWAP0.0000%8h270.66−0.007%$2.6M$6.9M25xas long as short
GRVT BE_USDT_Perp0.0000%8h270.76+0.031%$6K$153K10xas long as short
SunX BE-USDT0.0000%8h270.67−0.003%$1K$2.2M10xas long as short
Deribit BE_USDC-PERPETUAL0.0000%1h270.70+0.008%$6K$4K10xas long as short
HTX BE-USDT0.0000%8h270.80+0.045%$12K$35K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX BE-USD+0.0017%1h270.73+0.019%$1.3M$2.3M10xas long as short
Lighter BE+0.0032%1h270.66−0.007%10xas long as short
Lighter RH BE+0.0032%1h270.66−0.007%$241K$305K10xas long as short
Coinbase International BE-PERP-INTX+0.0032%1h270.47−0.077%$473K$115K10xas long as short
Bybit BEUSDT+0.0037%8h270.73+0.019%$2.0M$1.2M25xas long as short
Arcus BE-USD+0.0040%1h270.59−0.033%$113K$96K10xas long as short
Vest BE-USD-PERP+0.0046%1h270.74+0.023%10xas long as short
tradeXYZ xyz:BE+0.0050%1h270.65−0.011%$5.9M$2.8M10xas long as short
KuCoin BEUSDTMshort+0.0100%8h270.67−0.003%$352K$31K20x
Aevo BE-PERP+0.0104%1h270.68−0.001%10xas long as short
BloFin BE-USDT+0.0120%8h270.72+0.015%$45K$144K20xas long as short