NOW

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0099%/8h= +10.8% APRnext payment +$0.99 per $10,000 · paid last 24h −0.015%

Price spread now: Binance against KuCoin+0.050%7-day average +0.133% · you sell dearer than you buy

Net, funding: paid 7d − costs−$6,002as in the Funding arb table

Net, price: spread back to 7d avg − costs−$6,009as in the Price arb table

costs, in and out, $10k−$6,00060.004% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 4 days (all we have)+0.758%+$76 · spread now +0.050%, 7d avg +0.133%

Together, before fees+0.737%+$74 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.084% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.050% now, against its 7-day average of +0.133%). If the spread goes back, that is −$8 on $10k: about 2.8 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	KuCoin NOWUSDTM	141.03	0.0100	pay 0.0100% / 8h	7h 20m	$317K	$679K	20x
Short	Binance NOWUSDT	141.10	0.0199	get 0.0199% / 8h	7h 20m	$1.9M	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.050%Rate

Funding earned: $20.72
Price spread: +0.050% → +0.133%: −$8.37
Slippage, 4 orders: −$5,978.37
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$5,988.01
Costs to cover: 60.004%
Break-even: 2029.7 days

Slippage from KuCoin: live order book, 14 min ago; Binance: live order book, 13 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 KuCoin live order book, 14 min ago	9.57 bp	5688.8 bp −$5,689	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	2.12 bp	13.6 bp −$14	64.3 bp −$643	doesn't fit	doesn't fit

NOW on 16 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
OKX NOW-USDT-SWAP	0.0000%	8h	141.14	+0.078%	$518K	$241K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	140.81	−0.156%	$1.1M	$1.4M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	141.06	+0.021%	$257K	$317K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	141.10	+0.050%	$823K	$277K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	141.05	+0.014%	$1K	$297K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	140.83	−0.142%	$5K	$37K	20x	as long as short
Lighter NOW	+0.0032%	1h	140.95	−0.057%	$5K	$171	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	−0.872%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	140.94	−0.064%	—	—	25x	as long as short
KuCoin NOWUSDTMlong	+0.0100%	8h	141.03	long leg	$317K	$679K	20x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NOWUSDT	+0.0109%	8h	141.42	+0.276%	$42K	$859	20x	as long as short
BloFin NOW-USDT	+0.0175%	8h	141.15	+0.085%	$46K	$19K	20x	as long as short
Binance NOWUSDTshort	+0.0199%	8h	141.10	+0.050%	$1.9M	$1.5M	20x
Bybit NOWUSDT	+0.0317%	8h	141.06	+0.021%	$1.6M	$292K	25x	as long as short
tradeXYZ xyz:NOW	+0.0395%	1h	140.97	−0.043%	$2.1M	$236K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0691%	8h	141.07	+0.029%	$142	$136K	10x	as long as short