Funding you earn now, next payment 00:00 UTC+0.0241%/8h= +26.4% APRnext payment +$1.21 per $10,000 · paid last 24h +0.014%
Price spread now: KuCoin against Binance−0.287%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$545as in the Funding arb table
Net, price: spread back to 7d avg − costs−$605as in the Price arb table
costs, in and out, $10k−$5805.803% of the position
Funding, last 7 days+0.358%+$36 on $10k
+Price spread, last 7 days+0.299%+$30 · spread now −0.287%, 7d avg −0.045%
=Funding pays, the price is against you. KuCoin is 0.242% cheaper against Binance than usual: you would sell low and buy high (spread −0.287% now, against its 7-day average of −0.045%). If the spread goes back, that is −$24 on $10k: about 3.3 days of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 4USDT | 0.02163 | 0.0453 | pay 0.0226% / 4h | 1h 06m | $8.3M | $11.1M | 20x |
| Short | KuCoin 4USDTM | 0.02157 | 0.0694 | get 0.0347% / 4h | 1h 06m | $944K | $13.2M | 20x |
Binance 4USDT
KuCoin 4USDTMFunding 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
- $50.66
- Price spread: −0.287% → −0.045%
- −$24.17
- Slippage, 4 orders
- −$558.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$553.84
- Costs to cover
- 5.803%
- Break-even
- 83.5 days
Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 2 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, 4 min ago | 0.46 bp | 23.5 bp −$24 | 234.8 bp −$2,348 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 6.97 bp | 36.0 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02157 | −0.289% | $52K | $6K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02159 | −0.194% | $1K | $1.0M | 20x | as long as short |
| Aster 4USDT | +0.0369% | 4h | 0.02158 | −0.231% | $247K | $95K | 5x | as long as short |
| Gate 4_USDT | +0.0386% | 4h | 0.02160 | −0.157% | $589K | $238K | 20x | as long as short |
| Binance 4USDTlong | +0.0453% | 4h | 0.02163 | long leg | $8.3M | $11.1M | 20x | |
| MEXC 4_USDT | +0.0456% | 4h | 0.02163 | −0.009% | $1.9M | $857K | 100x | as long as short |
| KuCoin 4USDTMshort | +0.0694% | 4h | 0.02157 | −0.287% | $944K | $13.2M | 20x | |
| BingX 4-USDT | +0.0708% | 4h | 0.02162 | −0.055% | — | $1.4M | — | as long as short |
| Bybit 4USDT | +0.0755% | 4h | 0.02158 | −0.250% | $2.9M | $1.7M | 5x | as long as short |
Variational Omni 4
SunX 4-USDT
Aster 4USDT
Gate 4_USDT
MEXC 4_USDT
BingX 4-USDT
Bybit 4USDT