Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.33 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.038%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$460.455% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now −0.038%, 7d avg −0.007%
=Funding pays, the price is against you. Binance is 0.031% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of −0.007%). If the spread goes back, that is −$3 on $10k: about 3.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FILUSDTM | 0.9767 | 0.0067 | pay 0.0067% / 8h | 3h 32m | $7.3M | $7.3M | 50x |
| Short | Binance FILUSDT | 0.9763 | 0.0100 | get 0.0100% / 8h | 3h 32m | $55.9M | $179.0M | 75x |
KuCoin FILUSDTM
Binance FILUSDTFunding 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
- $6.93
- Price spread: −0.038% → −0.007%
- −$3.1
- Slippage, 4 orders
- −$23.54
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$41.7
- Costs to cover
- 0.455%
- Break-even
- 49.1 days
Slippage from KuCoin: live order book, 1 min ago; Binance: live order book, 2 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, 1 min ago | 4.61 bp | 16.3 bp −$16 | 43.9 bp −$439 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.51 bp | 6.9 bp −$7 | 15.3 bp −$153 | 54.4 bp −$5,436 | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0670% | 1h | 0.9775 | +0.082% | $168K | $22K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9770 | +0.031% | $324K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0196% | 1h | 0.9658 | −1.116% | $2K | $118K | 12x | as long as short |
| Bybit FILUSDT | −0.0162% | 8h | 0.9765 | −0.020% | $15.8M | $16.9M | 25x | as long as short |
| Variational Omni FIL | −0.0114% | 8h | 0.9744 | −0.239% | $428K | $271K | — | as long as short |
| Lighter FIL | −0.0064% | 1h | 0.9761 | −0.060% | $156K | $359K | 5x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9768 | +0.008% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9778 | +0.110% | $57K | $2K | 10x | as long as short |
| Bitget FILUSDT | +0.0005% | 8h | 0.9761 | −0.061% | $10.7M | $22.7M | 75x | as long as short |
| OKX FIL-USDT-SWAP | +0.0040% | 8h | 0.9759 | −0.082% | $17.9M | $98.7M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Bybit FILUSDT
Variational Omni FIL
Lighter FIL
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Bitget FILUSDT
OKX FIL-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FILUSDTMlong | +0.0067% | 8h | 0.9767 | long leg | $7.3M | $7.3M | 50x | |
| Hyperliquid FIL | +0.0100% | 1h | 0.9765 | −0.025% | $8.6M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9771 | +0.037% | $484K | $554K | 20x | as long as short |
| Binance FILUSDTshort | +0.0100% | 8h | 0.9763 | −0.038% | $55.9M | $179.0M | 75x | |
| Gate FIL_USDT | +0.0100% | 8h | 0.9770 | +0.031% | $7.8M | $16.9M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9766 | −0.010% | $249K | $104K | 50x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9764 | −0.031% | — | $6.5M | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9742 | −0.253% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9748 | −0.199% | $282K | $772K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9750 | −0.174% | $42K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9777 | +0.103% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9770 | +0.031% | $2K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9768 | +0.010% | $466 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9774 | +0.072% | $621K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9770 | +0.031% | $1.1M | $2.2M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9765 | −0.025% | $682K | $2.4M | 10x | as long as short |
| Kraken Futures PF_FILUSD | +0.0136% | 1h | 0.9774 | +0.072% | $1.4M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9754 | −0.133% | $2.6M | $587K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0603% / S −0.0671% | 1h | 0.9767 | −0.004% | $171K | — | 100x | as long as short |
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
BingX FIL-USDC
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
Kraken Futures PF_FILUSD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]