Funding you earn now, next payment 08:00 UTC+0.0552%/8h= +60.4% APRnext payment +$2.76 per $10,000 · paid last 24h +0.052%
Price spread now: KuCoin against Binance+0.318%7-day average −0.220% · you sell dearer than you buy
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$2012.005% of the position
Funding, last 7 days−0.336%−$34 on $10k
+Price spread, last 7 days−0.455%−$45 · spread now +0.318%, 7d avg −0.220%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and KuCoin is 0.537% dearer against Binance than usual: you sell high and buy low: +$54 more if the spread goes back to its 7-day average of −0.220%. Mind the row above: over the last 7 days funding on this pair cost −0.336%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.336% in total (about -17.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.76 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance B2USDT | 0.5038 | 0.0172 | pay 0.0086% / 4h | 2h 28m | $8.2M | $10.1M | 50x |
| Short | KuCoin B2USDTM | 0.5054 | 0.0724 | get 0.0362% / 4h | 2h 28m | $1.0M | $305K | 50x |
Binance B2USDT
KuCoin B2USDTMFunding 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
- $115.86
- Price spread: +0.318% → −0.220%
- $53.72
- Slippage, 4 orders
- −$178.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$30.96
- Costs to cover
- 2.005%
- Break-even
- 8.9 days
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 1 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, 11 min ago | 1.98 bp | 35.2 bp −$35 | 319.8 bp −$3,198 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 12.86 bp | 51.5 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
B2 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit B2USDT | +0.0100% | 4h | 0.5036 | −0.040% | $1.6M | $2.0M | 20x | as long as short |
| Bitget B2USDT | +0.0126% | 4h | 0.5033 | −0.099% | $2.8M | $877K | 50x | as long as short |
| MEXC B2_USDT | +0.0172% | 4h | 0.5043 | +0.099% | $544K | $362K | 100x | as long as short |
| Binance B2USDTlong | +0.0172% | 4h | 0.5038 | long leg | $8.2M | $10.1M | 50x | |
| BingX B2-USDT | +0.0180% | 4h | 0.5044 | +0.119% | — | $1.4M | — | as long as short |
| Aster B2USDT | +0.0434% | 4h | 0.5043 | +0.094% | $158K | $171K | 5x | as long as short |
| Variational Omni B2 | +0.0461% | 4h | 0.5046 | +0.153% | $14K | $2K | — | as long as short |
| KuCoin B2USDTMshort | +0.0724% | 4h | 0.5054 | +0.318% | $1.0M | $305K | 50x | |
| Gate B2_USDT | +0.1208% | 4h | 0.5054 | +0.318% | $916K | $406K | 20x | as long as short |
Bybit B2USDT
Bitget B2USDT
MEXC B2_USDT
BingX B2-USDT
Aster B2USDT
Variational Omni B2
Gate B2_USDT