Funding you earn now, next payment 08:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.34 per $10,000 · paid last 24h −0.012%
Price spread now: Binance against KuCoin−0.076%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$490.491% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now −0.076%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.052% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BCHUSDTM | 265.51 | −0.0072 | get 0.0072% / 8h | 5h 08m | $8.6M | $7.1M | 75x |
| Short | Binance BCHUSDT | 265.31 | −0.0106 | pay 0.0106% / 8h | 5h 08m | $72.2M | $213.5M | 75x |
KuCoin BCHUSDTM
Binance BCHUSDTFunding 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
- −$7.05
- Price spread: −0.076% → −0.024%
- −$5.21
- Slippage, 4 orders
- −$27.1
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$61.36
- Costs to cover
- 0.491%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Binance: live order book, 5 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, 10 min ago | 1.31 bp | 14.6 bp −$15 | 51.1 bp −$511 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.19 bp | 8.4 bp −$8 | 15.9 bp −$159 | 49.4 bp −$4,943 | 125.1 bp −$62.5K |
BCH on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.1098% | 8h | 265.26 | −0.094% | $2K | $1.7M | 30x | as long as short |
| HTX BCH-USDT | −0.0419% | 8h | 265.42 | −0.034% | $772K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0362% | 8h | 265.54 | +0.011% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0311% | 1h | 265.45 | −0.023% | $2K | $8K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0128% | 1h | 266.40 | +0.335% | $224K | $1.8M | 50x | as long as short |
| Nado BCH-PERP | −0.0126% | 1h | 265.42 | −0.032% | $422K | $339K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0117% | 8h | 266.15 | +0.239% | $388K | $17K | 10x | as long as short |
| Binance BCHUSDTshort | −0.0106% | 8h | 265.31 | −0.076% | $72.2M | $213.5M | 75x | |
| Extended BCH-USD | −0.0104% | 1h | 265.38 | −0.050% | $112K | $952K | 25x | as long as short |
| MEXC BCH_USDT | −0.0104% | 8h | 265.90 | +0.147% | $70.1M | $7.0M | 200x | as long as short |
SunX BCH-USDT
HTX BCH-USDT
Phemex BCHUSDT
SoDEX BCH-USD
Coinbase International BCH-PERP-INTX
Nado BCH-PERP
GRVT BCH_USDT_Perp
Extended BCH-USD
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BCH_USDT | −0.0101% | 8h | 265.46 | −0.019% | $8.3M | $13.3M | 75x | as long as short |
| Variational Omni BCH | −0.0094% | 8h | 266.00 | +0.184% | $81K | $201K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0074% | 8h | 265.20 | −0.117% | $25.1M | $74.0M | 50x | as long as short |
| KuCoin BCHUSDTMlong | −0.0072% | 8h | 265.51 | long leg | $8.6M | $7.1M | 75x | |
| Bitget BCHUSDT | −0.0069% | 8h | 265.21 | −0.113% | $19.1M | $28.1M | 75x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0066% | 1h | 265.62 | +0.043% | $445K | $331K | 25x | as long as short |
| Bybit BCHUSDT | −0.0037% | 8h | 265.20 | −0.117% | $39.1M | $30.9M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0031% | 1h | 265.68 | +0.063% | $851K | $3.0M | 50x | as long as short |
| BingX BCH-USDC | −0.0031% | 8h | 265.45 | −0.023% | — | $6.5M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.63 | +0.045% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.62 | +0.041% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.70 | +0.072% | $1.1M | $10.2M | 2.7x | as long as short |
| BloFin BCH-USDT | +0.0016% | 8h | 265.61 | +0.038% | $3.9M | $4.2M | 50x | as long as short |
| Pacifica BCH | +0.0021% | 1h | 265.45 | −0.023% | $161K | $321K | 10x | as long as short |
| ApeX Omni BCHUSDT | +0.0030% | 1h | 266.30 | +0.298% | $97K | $227K | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0033% | 8h | 265.46 | −0.019% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.766% | $721 | $130K | 12x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.50 | −0.003% | $363K | $482K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.66 | +0.056% | $5.7M | $4.7M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 265.73 | +0.081% | $168K | $519K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.00 | +0.183% | $19K | $289K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0357% / S −0.0525% | 1h | 265.61 | +0.039% | $25K | — | 100x | as long as short |
Gate BCH_USDT
Variational Omni BCH
OKX BCH-USDT-SWAP
Bitget BCHUSDT
Deribit BCH_USDC-PERPETUAL
Bybit BCHUSDT
Kraken Futures PF_BCHUSD
BingX BCH-USDC
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
BloFin BCH-USDT
Pacifica BCH
ApeX Omni BCHUSDT
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]