Funding arb · Price arb /

CC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Binance+0.017%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$267as in the Funding arb table

Net, price: spread back to 7d avg − costs−$275as in the Price arb table

costs, in and out, $10k−$2702.703% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.017%, 7d avg +0.061%

Together, before fees+0.005%$0 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.044% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CCUSDT	0.1172	0.0100	pay 0.0050% / 4h	2h 27m	$11.0M	$11.8M	75x
Short	KuCoin CCUSDTM	0.1172	0.0100	get 0.0050% / 4h	2h 27m	$483K	$104K	50x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → +0.061%: −$4.42
Slippage, 4 orders: −$248.26
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$274.68
Costs to cover: 2.703%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; KuCoin: live order book, 31 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, 13 min ago	1.71 bp	16.4 bp −$16	76.0 bp −$760	doesn't fit	doesn't fit
Sell KuCoin live order book, 31 min ago	21.30 bp	132.9 bp −$133	doesn't fit	doesn't fit	doesn't fit

CC on 19 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 CCUSDT	−0.0467%	4h	0.1172	+0.017%	$10.7M	$3.8M	25x	as long as short
MEXC CC_USDT	−0.0460%	4h	0.1172	−0.017%	$1.8M	$333K	100x	as long as short
Injective CC/USDC PERP	+0.0033%	1h	0.1180	+0.691%	$402	$3K	5.5x	as long as short
Paradex CC-USD-PERP	+0.0083%	8h	0.1172	−0.018%	$1K	—	5x	as long as short
Hyperliquid CC	+0.0100%	1h	0.1174	+0.196%	$5.5M	$1.3M	3x	as long as short
Aster CCUSDT	+0.0100%	4h	0.1173	+0.114%	$35K	$32K	20x	as long as short
Binance CCUSDTlong	+0.0100%	4h	0.1172	long leg	$11.0M	$11.8M	75x
OKX CC-USDT-SWAP	+0.0100%	4h	0.1173	+0.094%	$2.5M	$3.1M	20x	as long as short
Gate CC_USDT	+0.0100%	4h	0.1171	−0.102%	$363K	$207K	50x	as long as short
KuCoin CCUSDTMshort	+0.0100%	4h	0.1172	+0.017%	$483K	$104K	50x

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CCUSDT	+0.0100%	4h	0.1172	+0.034%	$917K	$769K	20x	as long as short
BingX CC-USDT	+0.0100%	4h	0.1172	+0.034%	—	$6.6M	—	as long as short
Backpack CC_USDC_PERP	+0.0100%	1h	0.1172	−0.034%	$15K	$23K	10x	as long as short
Variational Omni CC	+0.0100%	4h	0.1173	+0.091%	$598K	$56K	—	as long as short
GRVT CC_USDT_Perp	+0.0100%	4h	0.1175	+0.284%	$82K	$2.7M	10x	as long as short
Derive CC-PERP	+0.0100%	1h	0.1171	−0.075%	$6K	$33K	6.7x	as long as short
BloFin CC-USDT	+0.0340%	4h	0.1174	+0.145%	$594K	$98K	75x	as long as short
GMX CC/USD [WBTC.b-USDC]	L +0.0450% / S −0.0241%	1h	0.1173	+0.090%	$44K	—	50x	as long as short
Lighter CC	+0.0664%	1h	0.1178	+0.538%	$252K	$170K	5x	as long as short