Funding you earn now, next payment 08:00 UTC+0.0300%/8h= +32.8% APRnext payment +$1.50 per $10,000 · paid last 24h +0.309%
Price spread now: KuCoin against Binance−0.173%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$360as in the Price arb table
costs, in and out, $10k−$3443.438% of the position
Funding, last 7 days+1.683%+$168 on $10k
+Price spread, last 7 days+0.121%+$12 · spread now −0.173%, 7d avg −0.013%
=Funding pays, the price is against you. KuCoin is 0.160% cheaper against Binance than usual: you would sell low and buy high (spread −0.173% now, against its 7-day average of −0.013%). If the spread goes back, that is −$16 on $10k: about 43 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+1.683% in total) that is about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AVAUSDT | 0.2584 | −0.0784 | get 0.0392% / 4h | 1h 49m | $3.7M | $11.3M | 25x |
| Short | KuCoin AVAUSDTM | 0.2580 | −0.0484 | pay 0.0242% / 4h | 1h 49m | $732K | $107K | 30x |
Binance AVAUSDT
KuCoin AVAUSDTMFunding 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
- $62.94
- Price spread: −0.173% → −0.013%
- −$15.97
- Slippage, 4 orders
- −$321.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$296.81
- Costs to cover
- 3.438%
- Break-even
- 40.0 days
Slippage from Binance: live order book, 5 min ago; KuCoin: live order book, 20 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, 5 min ago | 3.84 bp | 28.9 bp −$29 | 137.4 bp −$1,374 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 20 min ago | 11.80 bp | 95.5 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
AVA 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 AVA | −0.0887% | 4h | 0.2590 | +0.217% | $8K | $9K | — | as long as short |
| Bybit AVAUSDT | −0.0865% | 4h | 0.2588 | +0.137% | $1.3M | $1.2M | 5x | as long as short |
| Gate AVA_USDT | −0.0846% | 4h | 0.2585 | +0.021% | $311K | $254K | 20x | as long as short |
| Binance AVAUSDTlong | −0.0784% | 4h | 0.2584 | long leg | $3.7M | $11.3M | 25x | |
| MEXC AVA_USDT | −0.0782% | 4h | 0.2584 | −0.018% | $393K | $180K | 50x | as long as short |
| Bitget AVAUSDT | −0.0776% | 4h | 0.2583 | −0.057% | $423K | $939K | 25x | as long as short |
| Aster AVAUSDT | −0.0656% | 1h | 0.2593 | +0.328% | $6K | $53K | 5x | as long as short |
| BingX AVA-USDT | −0.0524% | 4h | 0.2584 | −0.018% | — | $1.7M | — | as long as short |
| KuCoin AVAUSDTMshort | −0.0484% | 4h | 0.2580 | −0.173% | $732K | $107K | 30x |
Variational Omni AVA
Bybit AVAUSDT
Gate AVA_USDT
MEXC AVA_USDT
Bitget AVAUSDT
Aster AVAUSDT
BingX AVA-USDT