Funding you earn now, next payment 00:00 UTC−0.0179%/8h= −19.6% APRnext payment −$0.89 per $10,000 · paid last 24h −0.082%
Price spread now: Binance against KuCoin0.000%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$651as in the Funding arb table
Net, price: spread back to 7d avg − costs−$621as in the Price arb table
costs, in and out, $10k−$6246.243% of the position
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 7 days+0.077%+$8 · spread now 0.000%, 7d avg −0.034%
=The price spread pays, funding is against you. Binance is 0.034% dearer against KuCoin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.034%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LAUSDTM | 0.07551 | 0.0004 | pay 0.0002% / 4h | 19m 49s | $1.0M | $62K | 30x |
| Short | Binance LAUSDT | 0.07551 | −0.0175 | pay 0.0087% / 4h | 19m 49s | $4.7M | $8.8M | 25x |
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
- −$37.58
- Price spread: 0.000% → −0.034%
- $3.36
- Slippage, 4 orders
- −$602.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$658.57
- Costs to cover
- 6.243%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 5 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, 5 min ago | 10.03 bp | 123.7 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.34 bp | 14.7 bp −$15 | 42.4 bp −$424 | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0326% | 4h | 0.07546 | −0.066% | $2.1M | $528K | 25x | as long as short |
| BingX LA-USDT | −0.0316% | 4h | 0.07559 | +0.106% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0237% | 4h | 0.07559 | +0.112% | $53K | $14K | 5x | as long as short |
| BloFin LA-USDT | −0.0192% | 4h | 0.07498 | −0.702% | $250K | $19K | 25x | as long as short |
| Binance LAUSDTshort | −0.0175% | 4h | 0.07551 | 0.000% | $4.7M | $8.8M | 25x | |
| MEXC LA_USDT | −0.0174% | 4h | 0.07553 | +0.026% | $404K | $140K | 50x | as long as short |
| Gate LA_USDT | −0.0170% | 4h | 0.07552 | +0.013% | $247K | $810K | 50x | as long as short |
| KuCoin LAUSDTMlong | +0.0004% | 4h | 0.07551 | long leg | $1.0M | $62K | 30x | |
| Bybit LAUSDT | +0.0100% | 4h | 0.07564 | +0.172% | $2.4M | $2.4M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07552 | +0.013% | $1.4M | $3.0M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07490 | −0.808% | $152K | $459K | 10x | as long as short |
KuCoin LAUSDTM
Binance LAUSDT
Bitget LAUSDT
BingX LA-USDT
Aster LAUSDT
BloFin LA-USDT
MEXC LA_USDT
Gate LA_USDT
Bybit LAUSDT
OKX LA-USDT-SWAP
GRVT LA_USDT_Perp