Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against Binance−0.173%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$392as in the Funding arb table
Net, price: spread back to 7d avg − costs−$407as in the Price arb table
costs, in and out, $10k−$3963.956% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days+0.321%+$32 · spread now −0.173%, 7d avg −0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.113% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IDUSDT | 0.03760 | 0.0100 | pay 0.0050% / 4h | 1h 04m | $2.4M | $3.4M | 50x |
| Short | KuCoin IDUSDTM | 0.03753 | 0.0100 | get 0.0050% / 4h | 1h 04m | $1.1M | $63K | 30x |
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
- $0
- Price spread: −0.173% → −0.061%
- −$11.25
- Slippage, 4 orders
- −$373.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$406.84
- Costs to cover
- 3.956%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 1 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, 2 min ago | 2.67 bp | 16.6 bp −$17 | 85.3 bp −$853 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 9.31 bp | 188.0 bp −$188 | doesn't fit | doesn't fit | doesn't fit |
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IDUSDT | +0.0100% | 4h | 0.03759 | −0.012% | $9K | $135 | 5x | as long as short |
| Binance IDUSDTlong | +0.0100% | 4h | 0.03760 | long leg | $2.4M | $3.4M | 50x | |
| Bybit IDUSDT | +0.0100% | 8h | 0.03761 | +0.039% | $1.4M | $1.0M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03753 | −0.173% | $252K | $238K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03758 | −0.040% | $432K | $160K | 20x | as long as short |
| KuCoin IDUSDTMshort | +0.0100% | 4h | 0.03753 | −0.173% | $1.1M | $63K | 30x | |
| Bitget IDUSDT | +0.0100% | 4h | 0.03756 | −0.094% | $773K | $566K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03759 | −0.014% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03750 | −0.253% | $12K | $20K | — | as long as short |
| BloFin ID-USDT | +0.0118% | 4h | 0.03746 | −0.360% | $161K | $12K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0407% | 1h | 0.03761 | +0.039% | $4K | $2K | 10x | as long as short |
Binance IDUSDT
KuCoin IDUSDTM
Aster IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
Bitget IDUSDT
BingX ID-USDT
Variational Omni ID
BloFin ID-USDT
Kraken Futures PF_IDUSD