Funding you earn now, next payment 08:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.74 per $10,000 · paid last 24h −0.049%
Price spread now: Binance against KuCoin−0.097%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2042.045% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 7 days+0.161%+$16 · spread now −0.097%, 7d avg +0.030%
=Funding pays, the price is against you. Binance is 0.127% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of +0.030%). If the spread goes back, that is −$13 on $10k: about 2.9 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.058% in total) that is about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COTIUSDTM | 0.01501 | −0.8400 | get 0.4200% / 4h | 1h 01m | $1.9M | $2.5M | 50x |
| Short | Binance COTIUSDT | 0.01500 | −0.8252 | pay 0.4126% / 4h | 1h 01m | $8.5M | $49.1M | 50x |
KuCoin COTIUSDTM
Binance COTIUSDTFunding 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
- $31.16
- Price spread: −0.097% → +0.030%
- −$12.7
- Slippage, 4 orders
- −$182.49
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$186.03
- Costs to cover
- 2.045%
- Break-even
- 48.8 days
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 11 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, 5 min ago | 13.27 bp | 75.0 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.69 bp | 19.6 bp −$20 | 72.6 bp −$726 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COTIUSDTMlong | −0.8400% | 4h | 0.01501 | long leg | $1.9M | $2.5M | 50x | |
| Binance COTIUSDTshort | −0.8252% | 4h | 0.01500 | −0.097% | $8.5M | $49.1M | 50x | |
| MEXC COTI_USDT | −0.8246% | 4h | 0.01500 | −0.067% | $11.9M | $2.4M | 50x | as long as short |
| Aster COTIUSDT | −0.7966% | 4h | 0.01507 | +0.380% | $12K | $418K | 5x | as long as short |
| Bitget COTIUSDT | −0.7512% | 4h | 0.01500 | −0.067% | $3.5M | $3.9M | 50x | as long as short |
| Gate COTI_USDT | −0.6218% | 4h | 0.01504 | +0.200% | $520K | $1.3M | 25x | as long as short |
| BloFin COTI-USDT | −0.5772% | 4h | 0.01498 | −0.220% | $474K | $663K | 50x | as long as short |
| Bybit COTIUSDT | −0.3478% | 8h | 0.01498 | −0.187% | $3.9M | $10.2M | 50x | as long as short |
| Variational Omni COTI | −0.3027% | 8h | 0.01503 | +0.136% | $32K | $41K | — | as long as short |
| BingX COTI-USDT | −0.2406% | 4h | 0.01503 | +0.140% | — | $1.7M | — | as long as short |
MEXC COTI_USDT
Aster COTIUSDT
Bitget COTIUSDT
Gate COTI_USDT
BloFin COTI-USDT
Bybit COTIUSDT
Variational Omni COTI
BingX COTI-USDT