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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BEUSDT | 270.68 | 0 | get 0.0000% / 8h | 7m 47s | $8.1M | $37.1M | 25x |
| Short | KuCoin BEUSDTM | 270.67 | 0.0100 | get 0.0100% / 8h | 7m 47s | $352K | $31K | 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: −0.003% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 4 min ago | 0.74 bp | 8.4 bp −$8 | 26.3 bp −$263 | 98.9 bp −$9,887 | doesn't fit |
| Sell KuCoin live order book, 25 min ago | 14.94 bp | 189.7 bp −$190 | doesn't fit | doesn't fit | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BE_USDT | −0.0510% | 8h | 270.60 | −0.029% | $1.4M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | −0.0050% | 8h | 270.82 | +0.052% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 270.69 | +0.003% | $342K | $128K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 270.63 | −0.017% | $47K | $384K | 10x | as long as short |
| Binance BEUSDTlong | 0.0000% | 8h | 270.68 | long leg | $8.1M | $37.1M | 25x | |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 270.66 | −0.007% | $2.6M | $6.9M | 25x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 270.76 | +0.031% | $6K | $153K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 270.67 | −0.003% | $1K | $2.2M | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | 0.0000% | 1h | 270.70 | +0.008% | $6K | $4K | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 270.80 | +0.045% | $12K | $35K | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0017% | 1h | 270.73 | +0.019% | $1.3M | $2.3M | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 270.66 | −0.007% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 270.66 | −0.007% | $241K | $305K | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0032% | 1h | 270.47 | −0.077% | $473K | $115K | 10x | as long as short |
| Bybit BEUSDT | +0.0037% | 8h | 270.73 | +0.019% | $2.0M | $1.2M | 25x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 270.59 | −0.033% | $113K | $96K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 270.74 | +0.023% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 270.65 | −0.011% | $5.9M | $2.8M | 10x | as long as short |
| KuCoin BEUSDTMshort | +0.0100% | 8h | 270.67 | −0.003% | $352K | $31K | 20x | |
| Aevo BE-PERP | +0.0104% | 1h | 270.68 | −0.001% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 270.72 | +0.015% | $45K | $144K | 20x | as long as short |
Binance BEUSDT
KuCoin BEUSDTM
Gate BE_USDT
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
OKX BE-USDT-SWAP
GRVT BE_USDT_Perp
SunX BE-USDT
Deribit BE_USDC-PERPETUAL
HTX BE-USDT
Lighter BE
Lighter RH BE
Coinbase International BE-PERP-INTX
Bybit BEUSDT
tradeXYZ xyz:BE
BloFin BE-USDT