Funding you earn now, next payment 07:00 UTC−0.0272%/8h= −29.8% APRpaid last 24h —
Price spread now: KuCoin against Reya−0.070%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.070% cheaper against Reya than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya AIXBTRUSDPERP | 0.02335 | 0.0372 | pay 0.0047% / 1h | 38m 34s | — | — | — |
| Short | KuCoin AIXBTUSDTM | 0.02333 | 0.0100 | get 0.0050% / 4h | 1h 38m | $1.2M | $1.5M | 30x |
Reya AIXBTRUSDPERP
KuCoin AIXBTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Reya. 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
- −$57.16
- Price spread: −0.070% → 0.000%
- −$6.99
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$82.15
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; KuCoin: live order book, 7 min ago. Net counts fees only.
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 Reya no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 7 min ago | 4.26 bp | 208.8 bp −$209 | doesn't fit | doesn't fit | doesn't fit |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
AIXBT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AIXBTUSD | −0.2976% | 1h | 0.02333 | −0.081% | $19K | $5K | 10x | as long as short |
| Variational Omni AIXBT | −0.0038% | 4h | 0.02335 | +0.020% | $101K | $11K | — | as long as short |
| BloFin AIXBT-USDT | +0.0063% | 4h | 0.02334 | −0.027% | $123K | $95K | 50x | as long as short |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02336 | +0.046% | $397K | $209K | 3x | as long as short |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02331 | −0.156% | $2.5M | $4.0M | 50x | as long as short |
| Bybit AIXBTUSDT | +0.0100% | 4h | 0.02327 | −0.327% | $1.2M | $1.2M | 25x | as long as short |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02331 | −0.156% | $485K | $1.9M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02336 | +0.059% | $209K | $124K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02332 | −0.113% | $683K | $262K | 100x | as long as short |
| KuCoin AIXBTUSDTMshort | +0.0100% | 4h | 0.02333 | −0.070% | $1.2M | $1.5M | 30x |
Kraken Futures PF_AIXBTUSD
Variational Omni AIXBT
BloFin AIXBT-USDT
Hyperliquid AIXBT
Binance AIXBTUSDT
Bybit AIXBTUSDT
OKX AIXBT-USDT-SWAP
Gate AIXBT_USDT
MEXC AIXBT_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02332 | −0.113% | $653K | $607K | 20x | as long as short |
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02331 | −0.156% | — | $6.6M | — | as long as short |
| GMX AIXBT/USD [ETH-USDC] | L +0.0248% / S −0.0698% | 1h | 0.02335 | +0.033% | $3K | — | 100x | as long as short |
| Reya AIXBTRUSDPERPlong | +0.0372% | 1h | 0.02335 | long leg | — | — | — |
Bitget AIXBTUSDT
BingX AIXBT-USDT
GMX AIXBT/USD [ETH-USDC]