Funding you earn now, next payment 08:00 UTC+0.0182%/8h= +20.0% APRnext payment +$1.82 per $10,000 · paid last 24h +0.048%
Price spread now: Binance against KuCoin+0.028%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$974as in the Funding arb table
Net, price: spread back to 7d avg − costs−$972as in the Price arb table
costs, in and out, $10k−$9649.639% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now +0.028%, 7d avg +0.112%
=Funding pays, the price is against you. Binance is 0.084% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.028% now, against its 7-day average of +0.112%). If the spread goes back, that is −$8 on $10k: about 37 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.097%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin UBERUSDTM | 71.160 | 0.0100 | pay 0.0100% / 8h | 2h 44m | $168K | $525K | 20x |
| Short | Binance UBERUSDT | 71.180 | 0.0282 | get 0.0282% / 8h | 2h 44m | $2.4M | $661K | 20x |
KuCoin UBERUSDTM
Binance UBERUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $38.28
- Price spread: +0.028% → +0.112%
- −$8.41
- Slippage, 4 orders
- −$941.87
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$934
- Costs to cover
- 9.639%
- Break-even
- 177.8 days
Slippage from KuCoin: live order book, 14 min ago; Binance: live order book, 5 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 | 14.06 bp | 416.3 bp −$416 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.40 bp | 14.7 bp −$15 | 55.3 bp −$553 | doesn't fit | doesn't fit |
UBER 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective UBER/USDC PERP | −0.0220% | 1h | 70.460 | −0.984% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.499 | +0.476% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.210 | +0.070% | $370K | $252K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 71.180 | +0.028% | $437K | $101K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.120 | −0.056% | $2K | $2.0M | 10x | as long as short |
| QFEX UBER-USD | +0.0080% | 1h | 71.160 | 0.000% | $1.1M | $1.0M | 10x | as long as short |
| KuCoin UBERUSDTMlong | +0.0100% | 8h | 71.160 | long leg | $168K | $525K | 20x | |
| Variational Omni UBER | +0.0156% | 8h | 71.180 | +0.028% | $442K | $23K | — | as long as short |
| Bybit UBERUSDT | +0.0208% | 8h | 71.220 | +0.084% | $377K | $92K | 25x | as long as short |
| Binance UBERUSDTshort | +0.0282% | 8h | 71.180 | +0.028% | $2.4M | $661K | 20x |
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
Bitget UBERUSDT
SunX UBER-USDT
QFEX UBER-USD
Variational Omni UBER
Bybit UBERUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.0500% | 8h | 71.150 | −0.015% | $290 | $205K | 10x | as long as short |
| HTX UBER-USDT | +0.1833% | 8h | 71.710 | +0.773% | $48K | $35K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT