Funding you earn now, next payment 04:00 UTC−0.0516%/8h= −56.5% APRnext payment −$2.58 per $10,000 · paid last 24h −0.013%
Price spread now: Binance against KuCoin+0.053%7-day average +0.223% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1691.686% of the position
Funding, last 7 days+0.366%+$37 on $10k
+Price spread, last 7 days+0.105%+$10 · spread now +0.053%, 7d avg +0.223%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Binance is 0.170% cheaper against KuCoin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.223%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.366%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin B2USDTM | 0.5011 | 0.0886 | pay 0.0443% / 4h | 20m 42s | $1.0M | $317K | 50x |
| Short | Binance B2USDT | 0.5014 | 0.0370 | get 0.0185% / 4h | 20m 42s | $8.1M | $10.3M | 50x |
KuCoin B2USDTM
Binance B2USDTFunding 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
- −$108.36
- Price spread: +0.053% → +0.223%
- −$17.04
- Slippage, 4 orders
- −$146.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$293.98
- Costs to cover
- 1.686%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 4 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, 4 min ago | 14.02 bp | 50.4 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 4.00 bp | 35.7 bp −$36 | 159.7 bp −$1,597 | 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 | 0.5011 | 0.000% | $1.6M | $2.1M | 20x | as long as short |
| Bitget B2USDT | +0.0256% | 4h | 0.5010 | −0.020% | $2.8M | $962K | 50x | as long as short |
| Binance B2USDTshort | +0.0370% | 4h | 0.5014 | +0.053% | $8.1M | $10.3M | 50x | |
| MEXC B2_USDT | +0.0370% | 4h | 0.5010 | −0.020% | $552K | $390K | 100x | as long as short |
| BingX B2-USDT | +0.0392% | 4h | 0.5014 | +0.060% | — | $1.3M | — | as long as short |
| Variational Omni B2 | +0.0496% | 4h | 0.5005 | −0.118% | $14K | $2K | — | as long as short |
| Aster B2USDT | +0.0743% | 4h | 0.5008 | −0.060% | $157K | $172K | 5x | as long as short |
| KuCoin B2USDTMlong | +0.0886% | 4h | 0.5011 | long leg | $1.0M | $317K | 50x | |
| Gate B2_USDT | +0.2018% | 4h | 0.5014 | +0.060% | $912K | $432K | 20x | as long as short |
Bybit B2USDT
Bitget B2USDT
MEXC B2_USDT
BingX B2-USDT
Variational Omni B2
Aster B2USDT
Gate B2_USDT