Funding you earn now, next payment 08:00 UTC−0.0644%/8h= −70.5% APRnext payment −$3.22 per $10,000 · paid last 24h −0.196%
Price spread now: KuCoin against Binance+0.035%7-day average −0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$318as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1581.581% of the position
Funding, last 7 days−1.595%−$160 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now +0.035%, 7d avg −0.128%
=The price spread pays, funding is against you. KuCoin is 0.163% dearer against Binance than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of −0.128%): +$16 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BRUSDT | 1.1452 | 0.0860 | pay 0.0430% / 4h | 1h 48m | $54.5M | $136.1M | 25x |
| Short | KuCoin BRUSDTM | 1.1456 | 0.0216 | get 0.0108% / 4h | 1h 48m | $5.0M | $5.0M | 30x |
Binance BRUSDT
KuCoin BRUSDTMFunding 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
- −$135.28
- Price spread: +0.035% → −0.128%
- $16.29
- Slippage, 4 orders
- −$136.1
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$277.09
- Costs to cover
- 1.581%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 10 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, 10 min ago | 1.35 bp | 15.1 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 4.33 bp | 61.4 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1474 | +0.192% | — | $5.8M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1423 | −0.246% | $11.0M | $22.2M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.1441 | −0.094% | $7.7M | $8.4M | 20x | as long as short |
| Bitget BRUSDT | +0.0100% | 4h | 1.1421 | −0.269% | $8.3M | $10.4M | 10x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1448 | −0.032% | $269K | $272K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1436 | −0.136% | — | $729K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1502 | +0.444% | $87K | $234K | 20x | as long as short |
| KuCoin BRUSDTMshort | +0.0216% | 4h | 1.1456 | +0.035% | $5.0M | $5.0M | 30x | |
| Aster BRUSDT | +0.0274% | 4h | 1.1451 | −0.006% | $666K | $2.3M | 5x | as long as short |
| MEXC BR_USDT | +0.0860% | 4h | 1.1435 | −0.142% | $15.4M | $6.4M | 100x | as long as short |
BingX BR-USDT
Bybit BRUSDT
Gate BR_USDT
Bitget BRUSDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Aster BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDTlong | +0.0860% | 4h | 1.1452 | long leg | $54.5M | $136.1M | 25x |