Funding arb · Price arb /

CC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against KuCoin−0.162%7-day average −0.060% · you buy dearer than you sell

Net, funding: paid 7d − costs−$476as in the Funding arb table

Net, price: spread back to 7d avg − costs−$484as in the Price arb table

costs, in and out, $10k−$4744.735% of the position

Long on KuCoin Short on Binance

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)+0.213%+$21 · spread now −0.162%, 7d avg −0.060%

Together, before fees+0.185%+$18 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: Binance is 0.102% cheaper against KuCoin than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CCUSDTM	0.1171	0.0100	pay 0.0050% / 4h	20m 40s	$482K	$122K	50x
Short	Binance CCUSDT	0.1169	0.0100	get 0.0050% / 4h	20m 40s	$11.0M	$12.2M	75x

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 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 KuCoinbpFee BinancebpOrdersPrice spread, now −0.162%Rate

Funding earned: $0
Price spread: −0.162% → −0.060%: −$10.23
Slippage, 4 orders: −$451.53
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$483.76
Costs to cover: 4.735%
Break-even: never at this rate

Slippage from KuCoin: live order book, 62 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, 62 min ago	22.44 bp	243.7 bp −$244	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	2.99 bp	20.0 bp −$20	82.0 bp −$820	523.3 bp −$52.3K	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
Injective CC/USDC PERP	−0.3024%	1h	0.1180	+0.777%	$402	$3K	5.5x	as long as short
Bybit CCUSDT	−0.0193%	4h	0.1169	−0.120%	$10.7M	$3.9M	25x	as long as short
MEXC CC_USDT	−0.0190%	4h	0.1169	−0.171%	$1.7M	$332K	100x	as long as short
Paradex CC-USD-PERP	+0.0098%	8h	0.1169	−0.125%	$1K	—	5x	as long as short
Hyperliquid CC	+0.0100%	1h	0.1172	+0.068%	$5.5M	$1.4M	3x	as long as short
Aster CCUSDT	+0.0100%	4h	0.1170	−0.039%	$35K	$32K	20x	as long as short
Binance CCUSDTshort	+0.0100%	4h	0.1169	−0.162%	$11.0M	$12.2M	75x
OKX CC-USDT-SWAP	+0.0100%	4h	0.1170	−0.068%	$2.5M	$3.3M	20x	as long as short
Gate CC_USDT	+0.0100%	4h	0.1169	−0.188%	$362K	$217K	50x	as long as short
KuCoin CCUSDTMlong	+0.0100%	4h	0.1171	long leg	$482K	$122K	50x

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CCUSDT	+0.0100%	4h	0.1169	−0.196%	$915K	$786K	20x	as long as short
BingX CC-USDT	+0.0100%	4h	0.1169	−0.128%	—	$6.6M	—	as long as short
Backpack CC_USDC_PERP	+0.0100%	1h	0.1169	−0.128%	$15K	$22K	10x	as long as short
Variational Omni CC	+0.0100%	4h	0.1170	−0.091%	$596K	$56K	—	as long as short
GRVT CC_USDT_Perp	+0.0100%	4h	0.1170	−0.043%	$91K	$2.4M	10x	as long as short
Derive CC-PERP	+0.0100%	1h	0.1169	−0.195%	$6K	$35K	6.7x	as long as short
BloFin CC-USDT	+0.0340%	4h	0.1170	−0.094%	$593K	$98K	75x	as long as short
GMX CC/USD [WBTC.b-USDC]	L +0.0448% / S −0.0241%	1h	0.1171	−0.034%	$44K	—	50x	as long as short
Lighter CC	+0.0624%	1h	0.1175	+0.367%	$243K	$160K	5x	as long as short