Funding you earn now, next payment 08:00 UTC−0.4514%/8h= −494.3% APRnext payment −$5.64 per $10,000 · paid last 24h −1.055%
Price spread now: Binance against KuCoin+0.901%7-day average +0.192% · you sell dearer than you buy
Net, funding: paid 7d − costs−$439as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$1231.226% of the position
Funding, last 7 days−3.168%−$317 on $10k
+Price spread, last 7 days−1.021%−$102 · spread now +0.901%, 7d avg +0.192%
=The price spread pays, funding is against you. Binance is 0.710% dearer against KuCoin than usual: you sell high and buy low (spread +0.901% now, against its 7-day average of +0.192%): +$71 on $10k if it goes back. Holding the pair costs −$135 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−3.168% in total) that is about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GUSDTM | 0.006070 | −0.2176 | get 0.0272% / 1h | 11m 41s | $1.5M | $1.2M | 30x |
| Short | Binance GUSDT | 0.006125 | −0.6690 | pay 0.0836% / 1h | 11m 41s | $9.2M | $46.2M | 50x |
KuCoin GUSDTM
Binance GUSDTFunding 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
- −$947.89
- Price spread: +0.901% → +0.192%
- $70.98
- Slippage, 4 orders
- −$100.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$999.55
- Costs to cover
- 1.226%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 15 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 | 4.12 bp | 51.0 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.81 bp | 21.1 bp −$21 | 89.9 bp −$899 | doesn't fit | doesn't fit |
G on 7 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 GUSDTshort | −0.6690% | 1h | 0.006125 | +0.901% | $9.2M | $46.2M | 50x | |
| MEXC G_USDT | −0.6688% | 1h | 0.006115 | +0.741% | $3.4M | $1.0M | 20x | as long as short |
| Gate G_USDT | −0.6656% | 1h | 0.006118 | +0.791% | $883K | $3.4M | 25x | as long as short |
| Aster GUSDT | −0.6120% | 1h | 0.006123 | +0.876% | $608K | $679K | 5x | as long as short |
| Bitget GUSDT | −0.4504% | 1h | 0.006112 | +0.692% | $1.4M | $4.6M | 50x | as long as short |
| KuCoin GUSDTMlong | −0.2176% | 1h | 0.006070 | long leg | $1.5M | $1.2M | 30x | |
| BingX G-USDT | −0.1512% | 1h | 0.006114 | +0.725% | — | $2.8M | — | as long as short |
MEXC G_USDT
Gate G_USDT
Aster GUSDT
Bitget GUSDT
BingX G-USDT