Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: Binance against KuCoin+0.070%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$393as in the Funding arb table
Net, price: spread back to 7d avg − costs−$325as in the Price arb table
costs, in and out, $10k−$3373.367% of the position
Funding, last 7 days−0.564%−$56 on $10k
+Price spread, last 7 days−0.070%−$7 · spread now +0.070%, 7d avg −0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.116% dearer against KuCoin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FUSDTM | 0.003650 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $593K | $957K | 30x |
| Short | Binance FUSDT | 0.003653 | 0.0100 | get 0.0050% / 4h | 1h 08m | $3.6M | $5.4M | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.070% → −0.046%
- $11.58
- Slippage, 4 orders
- −$314.73
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$325.15
- Costs to cover
- 3.367%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 8 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, 4 min ago | 1.37 bp | 185.1 bp −$185 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.37 bp | 19.7 bp −$20 | 65.4 bp −$654 | doesn't fit | doesn't fit |
F on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX F-USDT-SWAP | −0.0001% | 4h | 0.003648 | −0.055% | $751K | $2.0M | 20x | as long as short |
| Aster FUSDT | +0.0100% | 4h | 0.003666 | +0.433% | $15K | $26K | 5x | as long as short |
| Binance FUSDTshort | +0.0100% | 4h | 0.003653 | +0.070% | $3.6M | $5.4M | 50x | |
| Bybit FUSDT | +0.0100% | 4h | 0.003648 | −0.055% | $2.3M | $1.8M | 25x | as long as short |
| Gate F_USDT | +0.0100% | 8h | 0.003648 | −0.055% | $132K | $796K | 25x | as long as short |
| MEXC F_USDT | +0.0100% | 4h | 0.003651 | +0.027% | $600K | $160K | 50x | as long as short |
| KuCoin FUSDTMlong | +0.0100% | 4h | 0.003650 | long leg | $593K | $957K | 30x | |
| Bitget FUSDT | +0.0100% | 4h | 0.003650 | 0.000% | $478K | $601K | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003650 | 0.000% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003643 | −0.190% | $639 | $264 | — | as long as short |
KuCoin FUSDTM
Binance FUSDT
OKX F-USDT-SWAP
Aster FUSDT
Bybit FUSDT
Gate F_USDT
MEXC F_USDT
Bitget FUSDT
BingX F-USDT
Variational Omni F