Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.031%
Price spread now: KuCoin against Binance−0.081%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$407as in the Funding arb table
Net, price: spread back to 7d avg − costs−$436as in the Price arb table
costs, in and out, $10k−$4284.277% of the position
Funding, last 7 days+0.208%+$21 on $10k
+Price spread, last 7 days−0.037%−$4 · spread now −0.081%, 7d avg 0.000%
=Funding pays, the price is against you. KuCoin is 0.082% cheaper against Binance than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of 0.000%). If the spread goes back, that is −$8 on $10k: about 2.7 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HYUNDAIUSDT | 264.75 | 0 | get 0.0000% / 4h | 31m 07s | $1.7M | $1.4M | 25x |
| Short | KuCoin HYUNDAIUSDTM | 264.53 | 0.0100 | get 0.0050% / 4h | 31m 07s | $310K | $1.3M | 20x |
Binance HYUNDAIUSDT
KuCoin HYUNDAIUSDTMFunding 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: −0.081% → 0.000%
- −$8.16
- Slippage, 4 orders
- −$405.67
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$414.83
- Costs to cover
- 4.277%
- Break-even
- 145.3 days
Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 4 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, 2 min ago | 2.45 bp | 12.8 bp −$13 | 93.1 bp −$931 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 1.70 bp | 171.8 bp −$172 | doesn't fit | doesn't fit | doesn't fit |
HYUNDAI on 12 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 HYUNDAIUSDT | 0.0000% | 4h | 265.03 | +0.108% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDTlong | 0.0000% | 4h | 264.75 | long leg | $1.7M | $1.4M | 25x | |
| Bybit HYUNDAIUSDT | 0.0000% | 8h | 264.99 | +0.092% | $146K | $75K | 25x | as long as short |
| OKX HYUNDAI-USDT-SWAP | 0.0000% | 8h | 264.89 | +0.055% | $127K | $136K | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 264.90 | +0.058% | $643K | $990K | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 265.00 | +0.096% | $848K | $736K | 20x | as long as short |
| GRVT HYUNDAI_USDT_Perp | 0.0000% | 4h | 264.74 | −0.002% | $514 | $131K | 10x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 264.69 | −0.021% | $750 | $382K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 264.75 | +0.002% | $7K | $33K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 264.75 | +0.002% | $2.3M | $98K | 10x | as long as short |
Aster HYUNDAIUSDT
Bybit HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAP
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
GRVT HYUNDAI_USDT_Perp
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:HYUNDAI | +0.0050% | 1h | 265.15 | +0.153% | $940K | $1.4M | 10x | as long as short |
| KuCoin HYUNDAIUSDTMshort | +0.0100% | 4h | 264.53 | −0.081% | $310K | $1.3M | 20x |
tradeXYZ xyz:HYUNDAI