Funding you earn now, next payment 04:00 UTC+0.0453%/8h= +49.6% APRnext payment +$2.27 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against Binance+0.283%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1421.416% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 7 days−0.327%−$33 · spread now +0.283%, 7d avg −0.030%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and KuCoin is 0.313% dearer against Binance than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.030%. Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COTIUSDT | 0.01456 | −0.3341 | get 0.1671% / 4h | 16m 12s | $7.9M | $43.1M | 50x |
| Short | KuCoin COTIUSDTM | 0.01460 | −0.2888 | pay 0.1444% / 4h | 16m 12s | $1.8M | $2.2M | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $95.16
- Price spread: +0.283% → −0.030%
- $31.26
- Slippage, 4 orders
- −$119.63
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$15.21
- Costs to cover
- 1.416%
- Break-even
- 8.1 days
Slippage from Binance: live order book, 11 min ago; KuCoin: 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 Binance live order book, 11 min ago | 0.69 bp | 15.7 bp −$16 | 73.4 bp −$734 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 6.82 bp | 59.4 bp −$59 | 312.1 bp −$3,121 | doesn't fit | doesn't fit |
COTI on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COTIUSDTlong | −0.3341% | 4h | 0.01456 | long leg | $7.9M | $43.1M | 50x | |
| MEXC COTI_USDT | −0.3340% | 4h | 0.01457 | +0.049% | $11.8M | $2.3M | 50x | as long as short |
| Aster COTIUSDT | −0.3270% | 4h | 0.01464 | +0.551% | $12K | $333K | 5x | as long as short |
| KuCoin COTIUSDTMshort | −0.2888% | 4h | 0.01460 | +0.283% | $1.8M | $2.2M | 50x | |
| Gate COTI_USDT | −0.2870% | 4h | 0.01461 | +0.352% | $434K | $1.1M | 25x | as long as short |
| BloFin COTI-USDT | −0.2339% | 4h | 0.01459 | +0.207% | $435K | $639K | 50x | as long as short |
| Bitget COTIUSDT | −0.1414% | 4h | 0.01457 | +0.077% | $3.2M | $3.3M | 50x | as long as short |
| Bybit COTIUSDT | −0.1361% | 8h | 0.01457 | +0.063% | $3.7M | $9.4M | 50x | as long as short |
| BingX COTI-USDT | −0.0908% | 4h | 0.01458 | +0.139% | — | $1.6M | — | as long as short |
| Variational Omni COTI | −0.0446% | 8h | 0.01456 | +0.022% | $29K | $39K | — | as long as short |
Binance COTIUSDT
KuCoin COTIUSDTM
MEXC COTI_USDT
Aster COTIUSDT
Gate COTI_USDT
BloFin COTI-USDT
Bitget COTIUSDT
Bybit COTIUSDT
BingX COTI-USDT
Variational Omni COTI