Funding you earn now, next payment 08:00 UTC−0.0296%/8h= −32.4% APRnext payment −$2.96 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Binance+0.041%7-day average −0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$264as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2772.774% of the position
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 4 days (all we have)−0.293%−$29 · spread now +0.041%, 7d avg −0.119%
=The price spread pays, funding is against you. KuCoin is 0.160% dearer against Binance than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of −0.119%): +$16 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 43 hours. Mind the row above: over the last 7 days funding on this pair paid +0.137%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.137% in total (about 7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COHRUSDT | 320.77 | 0 | get 0.0000% / 8h | 3h 39m | $7.4M | $9.3M | 25x |
| Short | KuCoin COHRUSDTM | 320.90 | −0.0296 | pay 0.0296% / 8h | 3h 39m | $355K | $321K | 20x |
Binance COHRUSDT
KuCoin COHRUSDTMFunding 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
- −$62.16
- Price spread: +0.041% → −0.119%
- $15.97
- Slippage, 4 orders
- −$255.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$323.59
- Costs to cover
- 2.774%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; KuCoin: live order book, 33 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, 1 min ago | 0.94 bp | 15.7 bp −$16 | 43.4 bp −$434 | 170.7 bp −$17.1K | doesn't fit |
| Sell KuCoin live order book, 33 min ago | 4.63 bp | 54.8 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
COHR on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COHRUSDTMshort | −0.0296% | 8h | 320.90 | +0.041% | $355K | $321K | 20x | |
| BloFin COHR-USDT | −0.0014% | 8h | 321.03 | +0.082% | $45K | $111K | 20x | as long as short |
| Aster COHRUSDT | 0.0000% | 8h | 320.93 | +0.050% | $39K | $36K | 20x | as long as short |
| Extended COHR-USD | 0.0000% | 1h | 320.68 | −0.028% | $33K | $188K | 10x | as long as short |
| Binance COHRUSDTlong | 0.0000% | 8h | 320.77 | long leg | $7.4M | $9.3M | 25x | |
| Bybit COHRUSDT | 0.0000% | 8h | 320.73 | −0.012% | $1.1M | $345K | 25x | as long as short |
| OKX COHR-USDT-SWAP | 0.0000% | 8h | 321.02 | +0.079% | $1.0M | $2.1M | 25x | as long as short |
| Gate COHR_USDT | 0.0000% | 8h | 320.82 | +0.016% | $621K | $1.1M | 25x | as long as short |
| Bitget COHRUSDT | 0.0000% | 8h | 320.78 | +0.004% | $1.8M | $1.3M | 20x | as long as short |
| GRVT COHR_USDT_Perp | 0.0000% | 8h | 321.69 | +0.288% | $1K | $175K | 10x | as long as short |
BloFin COHR-USDT
Aster COHRUSDT
Extended COHR-USD
Bybit COHRUSDT
OKX COHR-USDT-SWAP
Gate COHR_USDT
Bitget COHRUSDT
GRVT COHR_USDT_PerpShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COHR-USDT | 0.0000% | 8h | 321.19 | +0.132% | — | $2.4M | 10x | as long as short |
| HTX COHR-USDT | 0.0000% | 8h | 321.60 | +0.259% | $4K | $41K | 10x | as long as short |
| QFEX COHR-USD | +0.0029% | 1h | 321.18 | +0.128% | $1.2M | $3.1M | 10x | as long as short |
| Paragon para:COHR | +0.0060% | 1h | 321.11 | +0.106% | $473K | $163K | 10x | as long as short |
| Aevo COHR-PERP | +0.0104% | 1h | 320.86 | +0.027% | — | — | 10x | as long as short |
SunX COHR-USDT
HTX COHR-USDT
QFEX COHR-USD
Paragon para:COHR
Aevo COHR-PERP