COST

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.44 per $10,000 · paid last 24h −0.026%

Price spread now: KuCoin against Binance+0.031%7-day average −0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,025as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,022as in the Price arb table

costs, in and out, $10k−$1,03410.341% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.090%+$9 on $10k

Price spread, last 7 days−0.240%−$24 · spread now +0.031%, 7d avg −0.090%

Together, before fees−0.149%−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.120% dearer against Binance than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of −0.090%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.090%, 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	Binance COSTUSDT	898.83	0.0144	pay 0.0144% / 8h	5h 24m	$1.1M	$930K	20x
Short	KuCoin COSTUSDTM	899.10	0.0100	get 0.0100% / 8h	5h 24m	$47K	$872K	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 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 BinancebpFee KuCoinbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$9.24
Price spread: +0.031% → −0.090%: $12.04
Slippage, 4 orders: −$1,012.06
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,031.26
Costs to cover: 10.341%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 20 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, 8 min ago	0.11 bp	5.1 bp −$5	33.8 bp −$338	doesn't fit	doesn't fit
Sell KuCoin live order book, 20 min ago	33.92 bp	682.2 bp −$682	doesn't fit	doesn't fit	doesn't fit

COST 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
Aster COSTUSDT	0.0000%	8h	898.90	+0.008%	$45K	$178	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	898.72	−0.012%	$491K	$218K	25x	as long as short
OKX COST-USDT-SWAP	0.0000%	8h	899.86	+0.115%	$447K	$109K	10x	as long as short
Gate COST_USDT	0.0000%	8h	899.00	+0.019%	$520K	$8K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	898.89	+0.007%	$403K	$102K	25x	as long as short
SunX COST-USDT	0.0000%	8h	898.30	−0.058%	$1K	$3.0M	10x	as long as short
HTX COST-USDT	0.0000%	8h	900.77	+0.216%	$10K	$42K	10x	as long as short
QFEX COST-USD	+0.0005%	1h	898.63	−0.022%	$1.1M	$2.9M	10x	as long as short
Injective COST/USDC PERP	+0.0033%	1h	891.98	−0.762%	$2K	$28K	12x	as long as short
Variational Omni COST	+0.0037%	8h	898.64	−0.021%	$42K	$17K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended COST-USD	+0.0040%	1h	898.25	−0.064%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	898.55	−0.031%	—	—	25x	as long as short
tradeXYZ xyz:COST	+0.0050%	1h	898.54	−0.032%	$1.8M	$515K	20x	as long as short
KuCoin COSTUSDTMshort	+0.0100%	8h	899.10	+0.031%	$47K	$872K	20x
Binance COSTUSDTlong	+0.0144%	8h	898.83	long leg	$1.1M	$930K	20x