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: Binance against KuCoin−0.027%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$520as in the Funding arb table
Net, price: spread back to 7d avg − costs−$525as in the Price arb table
costs, in and out, $10k−$5165.162% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 7 days−0.149%−$15 · spread now −0.027%, 7d avg +0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.088% cheaper against KuCoin than usual: you would sell low and buy high, −$9 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 | KuCoin IDUSDTM | 0.03754 | 0.0100 | pay 0.0050% / 4h | 19m 06s | $1.1M | $64K | 30x |
| Short | Binance IDUSDT | 0.03753 | 0.0100 | get 0.0050% / 4h | 19m 06s | $2.4M | $3.5M | 50x |
KuCoin IDUSDTM
Binance IDUSDTFunding 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: −0.027% → +0.061%
- −$8.81
- Slippage, 4 orders
- −$494.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$524.98
- Costs to cover
- 5.162%
- Break-even
- never at this rate
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 | 6.66 bp | 187.9 bp −$188 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.33 bp | 19.5 bp −$19 | 68.1 bp −$681 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ID-USDT | +0.0054% | 4h | 0.03751 | −0.080% | $161K | $12K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03750 | −0.105% | $9K | $135 | 5x | as long as short |
| Binance IDUSDTshort | +0.0100% | 4h | 0.03753 | −0.027% | $2.4M | $3.5M | 50x | |
| Bybit IDUSDT | +0.0100% | 8h | 0.03751 | −0.080% | $1.4M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03750 | −0.107% | $249K | $241K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03752 | −0.053% | $418K | $159K | 20x | as long as short |
| KuCoin IDUSDTMlong | +0.0100% | 4h | 0.03754 | long leg | $1.1M | $64K | 30x | |
| Bitget IDUSDT | +0.0100% | 4h | 0.03756 | +0.053% | $793K | $592K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03751 | −0.080% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03751 | −0.080% | $12K | $20K | — | as long as short |
BloFin ID-USDT
Aster IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
Bitget IDUSDT
BingX ID-USDT
Variational Omni IDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0440% | 1h | 0.03755 | +0.020% | $4K | $2K | 10x | as long as short |
Kraken Futures PF_IDUSD