Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.231%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$344as in the Funding arb table
Net, price: spread back to 7d avg − costs−$325as in the Price arb table
costs, in and out, $10k−$3503.503% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 7 days−0.238%−$24 · spread now +0.231%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.252% dearer against KuCoin than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BANKUSDTM | 0.03459 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $1.2M | $164K | 50x |
| Short | Binance BANKUSDT | 0.03467 | 0.0118 | get 0.0059% / 4h | 3h 44m | $7.6M | $30.8M | 50x |
Funding 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
- $3.77
- Price spread: +0.231% → −0.021%
- $25.23
- Slippage, 4 orders
- −$328.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$321.31
- Costs to cover
- 3.503%
- Break-even
- 603.3 days
Slippage from KuCoin: live order book, 6 min ago; Binance: live order book, 12 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, 6 min ago | 14.39 bp | 161.3 bp −$161 | 799.8 bp −$7,998 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.43 bp | 11.8 bp −$12 | 60.7 bp −$607 | doesn't fit | doesn't fit |
BANK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03464 | +0.143% | $54K | $97K | 5x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03465 | +0.173% | $720K | $1.3M | 10x | as long as short |
| KuCoin BANKUSDTMlong | +0.0100% | 4h | 0.03459 | long leg | $1.2M | $164K | 50x | |
| HTX BANK-USDT | +0.0100% | 4h | 0.03459 | 0.000% | $40K | $227K | 20x | as long as short |
| edgeX BANKUSDC | +0.0116% | 4h | 0.03473 | +0.396% | $1K | $246K | 5x | as long as short |
| Binance BANKUSDTshort | +0.0118% | 4h | 0.03467 | +0.231% | $7.6M | $30.8M | 50x | |
| MEXC BANK_USDT | +0.0118% | 4h | 0.03467 | +0.231% | $2.5M | $529K | 20x | as long as short |
| BloFin BANK-USDT | +0.0359% | 4h | 0.03475 | +0.463% | $448K | $77K | 50x | as long as short |
| Bitget BANKUSDT | +0.0646% | 4h | 0.03469 | +0.289% | $2.8M | $3.5M | 25x | as long as short |
| Bybit BANKUSDT | +0.1808% | 4h | 0.03469 | +0.289% | $2.8M | $6.4M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BANK-USDT | +0.1896% | 4h | 0.03467 | +0.231% | — | $6.9M | — | as long as short |
KuCoin BANKUSDTM
Binance BANKUSDT
Aster BANKUSDT
Gate BANK_USDT
HTX BANK-USDT
edgeX BANKUSDC
MEXC BANK_USDT
BloFin BANK-USDT
Bitget BANKUSDT
Bybit BANKUSDT
BingX BANK-USDT